Darth.Titan
Mar 10, 12:51 AM
http://forums.macrumors.com/showthread.php?t=646327
res1233
Apr 4, 10:55 PM
Well, this is macrumors and i try to stay away from economic theories, but you asked for it, so here we go:
Monopolies cause "allocative deadweight loss" (although its main argument applies towards state-owned enterprises)
What does that mean?
In a competitive market, producers dont have the freedom to set a price because the rival can always undercut them until the point where lowering the price will cause in a loss.
BUT the monopolist firm can decide the price it charges by varying the quantity it produces, so it will produce only up to the quantity where its profit is maximized. UNDER NORMAL CIRCUMSTANCES, the level of output is lower than the socially optimal one, which is where the max price a consumer is willing to pay is the same as the minimum price that the producer requires in order not to lose money.
When the amount produced is LESS than the socially optimal quantity, it means not serving some consumers who are perfectly willing to pay MORE than the minimum price that the producer requires but who are unwilling to bear the price at which the monopoly firm can max its profit. The unfulfilled desire of those neglected consumers is the social cost of monopoly.
So basically, monopolies will start losing more money when they start raising the price since consumers will either 1) not be able to access such services (since they will only make the MIN amount for MAX price and by using calculus, you would rather spend a little more in the amount produced and make a little less profit rather than having an EXACT amount although you would make the best profit IF you sold ALL items) or 2) consumers will just stop using it since cell phone devices are not a NECESSITY but instead a WANT. do you think you will pay whatever cellphone company if the price exceeds a certain comfort zone in your income bracket? you wont.
Furthermore, I will take it one more step. Monopolies can be good. If you look at the Mexican carrier, Telcel. The year Telcel was monopolized by Carlos Slim (riches man in the world now) coverage in Mexico grew more than it did in the hands of the state. According to the "monopoly=bad" argument, service in Mexico should have dropped in every other city that is not important in Mexico's economy while service should have exploded in cities such as Mexico City and Puebla. No, it exploded in the main cities while it also exploded with the whole country
In conclusion, monopolies are only dangerous IF the monopoly is a necessity based. i.e. lets say one man owned the whole united states food supply. Then yes, monopolies would be the worst. But not cell phone companies, cmon if monopolies were SOO good for the company why would Bell even break up his own company? just for the lulz? I dont think so. Because the government told him so? I certainly dont believe it since Bell probably would have had the power to lobby his way out and in case nothing worked he couldve just brought it up to the Supreme Court.
Anyways, enough with the economics jargon. Enjoy your economics class :P
I like you.
Monopolies cause "allocative deadweight loss" (although its main argument applies towards state-owned enterprises)
What does that mean?
In a competitive market, producers dont have the freedom to set a price because the rival can always undercut them until the point where lowering the price will cause in a loss.
BUT the monopolist firm can decide the price it charges by varying the quantity it produces, so it will produce only up to the quantity where its profit is maximized. UNDER NORMAL CIRCUMSTANCES, the level of output is lower than the socially optimal one, which is where the max price a consumer is willing to pay is the same as the minimum price that the producer requires in order not to lose money.
When the amount produced is LESS than the socially optimal quantity, it means not serving some consumers who are perfectly willing to pay MORE than the minimum price that the producer requires but who are unwilling to bear the price at which the monopoly firm can max its profit. The unfulfilled desire of those neglected consumers is the social cost of monopoly.
So basically, monopolies will start losing more money when they start raising the price since consumers will either 1) not be able to access such services (since they will only make the MIN amount for MAX price and by using calculus, you would rather spend a little more in the amount produced and make a little less profit rather than having an EXACT amount although you would make the best profit IF you sold ALL items) or 2) consumers will just stop using it since cell phone devices are not a NECESSITY but instead a WANT. do you think you will pay whatever cellphone company if the price exceeds a certain comfort zone in your income bracket? you wont.
Furthermore, I will take it one more step. Monopolies can be good. If you look at the Mexican carrier, Telcel. The year Telcel was monopolized by Carlos Slim (riches man in the world now) coverage in Mexico grew more than it did in the hands of the state. According to the "monopoly=bad" argument, service in Mexico should have dropped in every other city that is not important in Mexico's economy while service should have exploded in cities such as Mexico City and Puebla. No, it exploded in the main cities while it also exploded with the whole country
In conclusion, monopolies are only dangerous IF the monopoly is a necessity based. i.e. lets say one man owned the whole united states food supply. Then yes, monopolies would be the worst. But not cell phone companies, cmon if monopolies were SOO good for the company why would Bell even break up his own company? just for the lulz? I dont think so. Because the government told him so? I certainly dont believe it since Bell probably would have had the power to lobby his way out and in case nothing worked he couldve just brought it up to the Supreme Court.
Anyways, enough with the economics jargon. Enjoy your economics class :P
I like you.
DakotaGuy
May 6, 11:14 PM
Anyone notice the better sound in the new iMacs. Are there new speakers in there?
I haven't noticed the internal speakers being better because I don't use them, but has the sound card been changed? It sure seems to have better sound then the Early 2008 Core 2 Duo model I had before.
I haven't noticed the internal speakers being better because I don't use them, but has the sound card been changed? It sure seems to have better sound then the Early 2008 Core 2 Duo model I had before.
aurichie
Apr 20, 06:05 PM
We're winning! We're really winning this time!
Suck on these :apple: :apple: :apple: :apple: fandroids.
Suck on these :apple: :apple: :apple: :apple: fandroids.
more...
untypoed
Apr 11, 04:36 AM
[Not going to quote the entire 3 pictures]
Who's ass is that?
Who's ass is that?
Eidorian
Jul 27, 01:34 PM
I wonder how long does it take to burn a BR (or HD-DVD) with that new version of Toast
:rolleyes: :confused: :D
It use to be more than an hour for burning a DVD (x1) of 4 GB...
:rolleyes:Blu-Ray: 1x = 36 Mbps
DVD 1x = 11.08 Mbps
HD-DVD: 1x = 36.55 Mbps
:rolleyes: :confused: :D
It use to be more than an hour for burning a DVD (x1) of 4 GB...
:rolleyes:Blu-Ray: 1x = 36 Mbps
DVD 1x = 11.08 Mbps
HD-DVD: 1x = 36.55 Mbps
more...
Pwned
Jul 7, 02:00 PM
Since those of us who are currently Iphoneless AT&T customers we have to go to AT&T stores and was wondering if anyone is interested in camping out at the colesville road store next to trader joes? I just talked to the store and they said they have no idea how many they will get in and they expect big lines.:apple:
SirStrumalot
May 1, 02:05 AM
Is there a way to save the voicemail files from my iPhone 4?
more...
LeoNobilis
Mar 31, 12:23 PM
That's nice, but…
Old School Tattoos Inked To
more...
New School Tattoos
nice quot;new schoolquot; designs
more...
new school tattoo designs. new school tattoo bw by; new school tattoo bw by
New School Tattoos
more...
USMC Marine. It#39;s tattoo
New School
more...
New School Tattoo Pictures
NEW SCHOOL Girl
New School Tattoos,
lhotka
Apr 28, 05:23 PM
For me it's a simple matter of timing - I'm waiting for LTE (I tend to keep my phones for 3-5 years). Verizon eliminated the 1-year contract option, so a non-LTE iPhone 5 isn't something I'd buy either, let alone an iPhone4.
more...
Sweener88
Oct 10, 01:13 AM
I have ten that rotate every minute:
http://farm5.static.flickr.com/4153/5064200331_3662fe867a_b.jpghttp://farm5.static.flickr.com/4087/5064813694_dbe178a666_b.jpghttp://farm5.static.flickr.com/4093/5064200425_5d7888b35b_b.jpghttp://farm5.static.flickr.com/4085/5064813810_600c27ec38_b.jpghttp://farm5.static.flickr.com/4133/5064200643_2bae743cdd_b.jpghttp://farm5.static.flickr.com/4103/5064200707_ce5e8e3d8b_b.jpghttp://farm5.static.flickr.com/4091/5064814102_67685cae7b_b.jpghttp://farm5.static.flickr.com/4113/5064814202_5a8ce14205_b.jpghttp://farm5.static.flickr.com/4129/5064814326_62ef46368c_b.jpghttp://farm5.static.flickr.com/4127/5064201081_0ea2efa18c_b.jpg
Whered u get that dock!? :)
http://farm5.static.flickr.com/4153/5064200331_3662fe867a_b.jpghttp://farm5.static.flickr.com/4087/5064813694_dbe178a666_b.jpghttp://farm5.static.flickr.com/4093/5064200425_5d7888b35b_b.jpghttp://farm5.static.flickr.com/4085/5064813810_600c27ec38_b.jpghttp://farm5.static.flickr.com/4133/5064200643_2bae743cdd_b.jpghttp://farm5.static.flickr.com/4103/5064200707_ce5e8e3d8b_b.jpghttp://farm5.static.flickr.com/4091/5064814102_67685cae7b_b.jpghttp://farm5.static.flickr.com/4113/5064814202_5a8ce14205_b.jpghttp://farm5.static.flickr.com/4129/5064814326_62ef46368c_b.jpghttp://farm5.static.flickr.com/4127/5064201081_0ea2efa18c_b.jpg
Whered u get that dock!? :)
romeo.xk
Mar 13, 09:14 PM
WOW! Third thread on this... And all 3 at the top... No wonder no one has seem them... :rolleyes:
more...
AppleFanatic10
Feb 6, 04:22 AM
http://farm6.static.flickr.com/5011/5420583819_48f68c7c17.jpg (http://www.flickr.com/photos/9356443@N05/5420583819/)
techfreak85
Jan 26, 06:50 PM
well you never know. just keep it up! you'll get there!
Yes, you will get there as long as you use your passkey. ;)
Now that you get you are getting the bonus, just wait a week for the daily average to even out. Your current avg PPD is still being calculated from before you started getting the bonus.
Yes, you will get there as long as you use your passkey. ;)
Now that you get you are getting the bonus, just wait a week for the daily average to even out. Your current avg PPD is still being calculated from before you started getting the bonus.
more...
7o7munoz7o7
Apr 25, 12:18 AM
what's the difference between the black iph4 and the white?
i think one is white and one black
i think one is white and one black
alecgold
Dec 23, 01:13 AM
Whats puzzling me is how small companies can have huge problems with loss of data, networks that stop working, people getting home at three o'clock because the couldn't work from 10 that morning, people running to the next floor because their printers don't work, laptops that can't work wireless, updates and systemupgrades that don't work well so every computer in a company needs to be reinstalled. All those problems are pretty expensive, if you calculate the cost of 100% of your company not being able to work from 10 in the morning? I only see this in sme's but I doubt this is calculated into the tco at large companies.
I had less than a handful situations in the last 5 years where I had data or time lost since I switched. But I also had 4 laptops that had significant problems in the 3 months before I switched.
I don't doubt the enterprise it staff has good reasons to use the systems they do, but I'm sure it doesn't have anything to do with TCO. things like tco are impossible to calculate right. The time that an employee spends on downtime of his laptop, booting for the n-th time to hope you can get into this or that system. But also data loss when your computer crashes or some system hangs and it becomes unable to retrieve the work you've done for several hours.
If those problems only occur in sme's, perfect, never use os-x in an enterprise again. But as a user I do have the feeling that a lot of the true cost of it are not calculated. And as with everything in an enterprise, if it's not forecasted, calculated or kicked down from the top, it doesn't exist.
I had less than a handful situations in the last 5 years where I had data or time lost since I switched. But I also had 4 laptops that had significant problems in the 3 months before I switched.
I don't doubt the enterprise it staff has good reasons to use the systems they do, but I'm sure it doesn't have anything to do with TCO. things like tco are impossible to calculate right. The time that an employee spends on downtime of his laptop, booting for the n-th time to hope you can get into this or that system. But also data loss when your computer crashes or some system hangs and it becomes unable to retrieve the work you've done for several hours.
If those problems only occur in sme's, perfect, never use os-x in an enterprise again. But as a user I do have the feeling that a lot of the true cost of it are not calculated. And as with everything in an enterprise, if it's not forecasted, calculated or kicked down from the top, it doesn't exist.
more...
justflie
Nov 21, 12:45 PM
Wu's stock price target of $92 I think is another good indication of how crappy of an analyst he is. AAPL is currently trading at $88.24 (of course it's probably changed since then). I know it probably won't close at the price but there's only a $4 gap between that and the target. I would be very surprised if between now and MWSF, given all of the expected big announcements (and the crashing of the Zune), if the stock price does not rise higher. Then again, I'm not exactly a stock broker...
verjesh1
Jan 7, 12:03 AM
This Christmas I have gotten a nice mobile fro my father I was very happy because first time My father gave me better gift for me. so I am so happy.
iApache
Oct 11, 06:43 PM
Haven't changed mine in a while..
- Got rid of icons
- Fresh wallpaper
- Got rid of icons
- Fresh wallpaper
dotdotdot
Aug 14, 07:37 PM
Mine for the month :)
http://i186.photobucket.com/albums/x159/eliteguard98/Screenshot2010-08-10at64137PM.png
What theme is this that lets you have the black menubar still be transparent?
http://i186.photobucket.com/albums/x159/eliteguard98/Screenshot2010-08-10at64137PM.png
What theme is this that lets you have the black menubar still be transparent?
DewGuy1999
Apr 26, 09:21 AM
:apple: Power On Self-Test Beep Definition - Part 2 (http://support.apple.com/kb/ht1547)
SmugMac
Oct 9, 10:10 PM
Its a nice app, but way overrated.
I think so too. I find that Twitterrific is a more polished better looking app than Tweetie 2.0 - I have buyers remorse.
I think so too. I find that Twitterrific is a more polished better looking app than Tweetie 2.0 - I have buyers remorse.
ashahashah
Mar 14, 02:11 PM
As of Monday morning: Menlo Park Mall Apple store = zero. Bridgewater Commons Apple store = zero. Best Buy in East Brunswick = got a new shipment of 32 Gb wi-fi blacks. Plenty left as of 11 AM.
East Brunswick Best Buy was all out of stock by 1:30pm.
East Brunswick Best Buy was all out of stock by 1:30pm.
xas
May 4, 03:52 AM
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_2 like Mac OS X; de-de) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8H7 Safari/6533.18.5)
Please delete.
Please delete.