
Economic Assignment
Part A: Microeconomics
Question 1
The case study as presented by Woolworths and Coles matched the oligopoly market. Few competitive players rule the organization and a co-existing relationship exists among the organizations. Brander & Spencer (2015) reported that the originations produce homogenous goods. Woolworths and Coles sell fruits and vegetables in the Oligopoly market. Here both the organizations are involved in the price war which is related to the Bertrand model of oligopoly. It believes in competing with the rivalry firm by giving price cuts. The following diagram shows the oligopoly market conditions.

Question 2
According to the Bertrand model, the organizations compete with each other by giving discounts on the commodities, which is widely known as Price War (Caballero, Farhi & Gourinchas, 2016). Woolworth has increased its market share by reducing the price of the commodities by 1.9%. Woolworth has gained maximum market share by giving a greater price cut on its commodities whereas Coles has reduced the price of its commodities only by 3.1% only. The implications were huge. Though both the organizations have benefitted from the market Woolworth’s profit/revenue is more than Coles.
Question 3
In the oligopoly market structure, small business entities have faced huge financial losses. The financial losses have made the small entities incompetent for the large organizations. In the Bertrand model, an organization reduces the price of the commodities so that it can gain maximum market share. In the process of reducing the price of the commodities the organizations are not earning maximum revenue but they are also selling more products than before. This is allowing the other market players or the competitors to engage themselves to apply a similar pricing strategy (reducing the price of the commodities). The issue is that no organization can operate in the market less than the marginal cost of the commodity.
Question 4
The price war allows the giant organizations to gain the maximum share of the market by eliminating the small entities from the market (Galí, 2015). With the decrease in the cost of the commodity, the demand for the commodity increases (Law of Demand). The increased demand induces more production. The capacity of the organization to spend more price or reduce the price on the advertising strategies signifies and determines the effectiveness of the price war in the market.

Best Services
Managing time was challenging for me, but I got the solution to my problems when I hired their experts. They are there to write my college projects, and I need not worry about the grades at least.
Best Services
Thanks guys, I’ve been taking their services for the past five months and was never disappointed.
Best Assignment Help Melbourne
I have so far ordered four hospitality and tourism assignments with this website. For two of the assignment they were done very nicely with all proper writing, referencing and citations and I got a good grade distinction for both of them. I am really happy with the outcome of this Australia assignment help service. My third assignment was actually a dissertation proposal and literature review writing assignment for customer relationship management hospitality course and that one needed a little bit modification as suggested by my professor. I immediately reported the feedback to Cheapassignmenthelp.co.uk and these guys provided me 2 times free rework and in the end that assignment also I got a distinction. So all is well and good for me. I normally pay a decent charge to get a decent quality assignment but I am happy with the overall quality of assignment writing, literature review is good and standard journals and references are used by the writers. Overall customer care is also very helpful and makes sure that I am given a good attention to understand my order details and any rework. Its a fast service and I have received most of my work before 2 days deadline also.
I would give you ration 10
This online assignment site has not only impressed me but my parents as well. After my school, my mother had to spare some extra time to help me with my homework’s and projects and because of this she frequently have to take half time from her office. But from the time I interact with the members of this site, all the problems are completely resolved. I can stay at home and learn under the guidance of expert and my mother no more need to take leave from her work. My grades also showed good improvements. So this site have erased our problems and helped me learn in the homely environment.
Complete your assignment with cheapassignmenthelp.co.uk
It has been a long time when I was working on the project given in the college, but still, I failed to complete it in the desired manner. The date of submission was near and I was worried about the work. Then I got to know about this site from different friends. My work was completed before the allotted time and that too in very impressive and effective way. Cheap assignments were appreciated by teachers and all my fellow classmates. It was a great feeling….

Marketing Report
Executive Summary
This report analyzes the marketing strategy of Mos Burger. The restaurant offers affordable and premium quality products and services. However, the Restaurant faces a number of challenges including lack of ample parking space for its consumers. Additionally, since the firm provides fast foods the company faces the challenge of ensuring that all products are of the same quality and quantity. In order to retain competitive advantage the report proposes a number of recommendations: (1) providing high quality products and services, (2) Ensuring that all of its products are of the same quantity and quality. (3) Improving its process system to provide better services.