FIRST PART:Total 10 point if you complete all three questions. Q1 ,2,3 and 4 have each 1 points, but Q5 has 6 points. Q 1) What is the price leadership model of Oligopoly pricing and what are its tactics?(1 point)Q 2)" In monopolistically competitive markets, neither allocative nor productive efficiency is realized" explain.(1 point)Q 3) Do you agree that companies under monopolistic competition can have a profit in the long run?If yes, why? if no, why not? (1 point)Q 4) Compare MPP (marginal Physical product of labor) and MRP (marginal revenue product of labor). (1 point)Q5) Treasure Hunt: a) Go to www.cengage.com/sso (Links to an external site.)Links to an external site. web site. At Bookshelf of Arnold economics of 11th edition, click SSO Course Mate for Arnold economics menu under resources to lead to Course Mate of Economics(11th ed) by Roger A Arnold . Then, click Ch 27 to get access to "Sample Quizzes" at left side menu bar. Describe #3 question and its correct answer with logical explanation.(3 point)b)After watching" BBC Video " of Ch 25 , 27 , 28 and 29 at www.cengage.com/sso, (Links to an external site.)Links to an external site. analyze the content of one video by relating into economic theories. (3 point)PS:to have access to my account on Cengage website I need to provide my login.user: f_konrath@hotmail.compassword: 1504GremioSECOND PART:If you make a comment to the topic (2.5 points) and a response to other's comment(2.5 points), you can earn maximum 5 points of credit.Your comment to each question has to be more than five(5) sentences based on researched facts and logical analysis to earn the full credit. Also your response to other has to be more than five(5) sentences based on researched facts and logical analysis to earn the full credit.STRATEGY FOR THE OLIGOPOLYAfter world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile.(You should see the movie"Tucker") But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker.Suppose you are in the same position as Tucker's to break in the Oligopoly market(Big three ).Q1) What's your own strategy to survive and prosper in the oligopoly jungle? (0.5 point)Q2) Is it an good idea to patent his torpedo first and work for the big companies until he accumulates enough capital to compete against big guys? (old saying, if you cannot win over your opponent, try to make your opponent as your friend, then regroup , reenergize and beat it up later) or build your business quietly and slowly outside of Big firms' market territory or radar such as early growth strategy of WalMart in supermarket industry or Google in internet search engine business or what other idea of yours? (0.5 point)Q3) 30 years later, another young businessman, named Bill Gates first worked for IBM with his licensed operating system called MS -Dos program (although young Bill Gates originally bought Dos program from somebody else). Later he bulit his own empire called Microsoft.Despite of the difference of the initial sunk cost between a car industry and a software industry, please compare Tucker with Gates in terms of their business strategy. (0.5 point)Q4) After over a half century later, another visionary car maker, Elon Musk emerges with an electric car of Tesla. What is a future of Tesla? Could it be the fate of another Tucker? if so, why? (0.5 point)Q5) or Could it be another successful exception as a new member who survived and becomes prosperous in an Oligopoly corporate club due to another niche market of electric cars? If so, why? (0.5 point)Note: Preston Tucker's open letter is in the followed link.http://tuckerclub.org/open-letter/

Hello,Please respond to these two classmates. Minimum word is 175.You are writing a book on how to evaluate performance evaluation for a company.Think about some of the influences and measures of company performance that you read about this week.Explain the use of return on assets (ROA) and the price-to-earnings (PE) ratio in evaluating the performance of a company.Write about how to calculate ROA and PE ratio and how market conditions can affect these metrics.Share the ROA and PE ratio for a company you are familiar with. What do these metrics tell you about the financial health of the company?Chris Montoya4/4/20, 9:27 AM NEWReturn on assets is way to look at how much a company earns and how many asset they own, they take that ratio and compare to its peers in the same market. This can be an indicator of business success, a way to improve this is to either increase the income or by improving productivity, increasing rice, selling more units or looking for tax benefits. Assets can be reduced looking at lease agreements, cost cutting (layoffs or selling off unprofitable business units). Price to Earnings ratio is a measure of valuation for a company. You would take a companies market value, and divide by income production. You are essentially determine what you are willing to pay for every single dollar of earnings per share a company can generate. This is how people can determine if a stock is worth buying. Market conditions, like we have currently, have many stocks that usually sold high low due to things that not in their control. This is usually a good time to invest in companies that have shown a trail of good performance previous. Also, because companies are unable to work right now, they may not be able to work or sell (restaurants, movie theaters , airlines) so their income is thrown off.I compared 3 airlines, Delta, American Airlines and Jet Blue. Unfortunately, there wasn't a lot of information for Q1 yet, but all stocks are selling for under $10 right now. For Q4 though Delta had almost double the return on investment that its peers had. This has been consistent going back to 2016, if I was going to invest in one of these carriers now that the stock market it down, I would pick Delta because of its historical performance before the crash.https://www.macrotrends.net/stocks/stock-comparison?s=roi&axis=single&comp=AAL:DAL:JBLU#2 an Alevizon4/2/20, 11:25 PM NEWReturn on assets (ROA) shows the operating income, after tax, as a fraction of the companies total assets (Brealey, Myers, & Marcus, 2020). ROA is showing you how good is the company at getting a return out of the company assets (Khan, 2011). ROA is calculated by dividing after tax operating income by total assets at the start of the year (Brealey, Myers, & Marcus, 2020). Looking at the metric to calculate ROA the market conditions that could affect it include increases in efficiency or sales that boost after tax operating income or losing assets and still maintaining the same level of after tax operating income.The example company used for the example is Axon Enterprises Inc. Axon in a public safety company.The ROA of Axon at the end of 2017 was $29,205,000 (after tax operating income) / $719,540,000 (total assets) = .14% (“Axon Enterprise, Inc. (AAXN)” 2019). This seems like Axon on 2017 was not getting a very strong return on the assets of the company and may have been a cause for concern.The price to earnings ratio (PE) is a way to evaluate a company by comparing the price of its stocks to its' earnings (Charles Schwab, 2017). The Stock price is the current price of a share of stock and this