Macro-economic questions using example of event management industry

Number of Words : 2315

Number of References : 20

Assignment Key : EE-151

Contents

  • Content for this assignmentThis assignment answers the following question –
  • Content for this assignmentDescribe market failure in relation to lack of competition. Use the demand and supply model and narrative to explain your answer.
  • Content for this assignmentProvide a brief history of the ACCC (Australian Competition and Consumer Commission) and describe its main roles.
  • Content for this assignmentProvide a brief summary of a recent case/action taken by ACCC in relation to its anti -competition regulations.
  • Content for this assignmentDoes the event management industry suffer from a lack of competition? Justify your explanations using economic theory i.e. discuss factors that lead to anti competitive behavior and whether these exist in your chosen industry.
  • Content for this assignmentIn an event of an economic downturn, consider products or services that your industry (event management) could provide that may expand during a recession. Discuss these products or services and provide economic explanations as to why these products/ services may prosper during a recession.
  • Content for this assignment In an event of an economic downturn, consider products or services that your industry( event management) could provide that may expand during a recession. Discuss these products or services and provide economic explanations as to why these products/ services may prosper during a recession.

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