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Economics
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3 Feb 2018

Why does the notion of firm and industry level competitiveness feature into computation of costs associated with environmental regulation?

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Lelia Lubowitz
Lelia LubowitzLv2
4 Feb 2018
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Related questions

1. Define strategic competitiveness and above-average returns. What is the relationship between strategic competitiveness and returns on investment?

2. Explain why it is important for organizations to analyze and understand the external environment.

3. Describe the importance of internal analysis of the strategic success of the firm.

4. Define strategy and business-level strategy. What is the difference between these two concepts?

5. Define competitors, competitive rivalry, competitive behavior, and competitive dynamics.

6. Differentiate between corporate-level and business-level strategies and give examples of each.

Ā 

Form a table, across the top-level four columns with the four market model structures. Along the left column working down, label Level of Competitiveness, Number of Firms, Type of Pricing, Amount of Product Differentiation, and Ease of Entry/Exit and fill it in. Below the table write two industry examples of each of the four market model structures and why you feel so. (Approximately 200 words)

Consider the following:

  • How much pollution do we get in the absence of pollution controls in the private marketplace? Why?
  • How does the government decide on the amount of pollution to allow?
  • What are the potential costs and benefits associated with the regulation of pollution?
  • What are the potential problems associated with employing outright regulation to deal with pollution?

Follow up:
Consider the end section of the article discussing

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