Quasar Computers and Different Market Structures

Quasar monopolized the commercialise with the universe of an all- visual imputer known as Neutron. Patents promote innovation for inventors, which allow exclusive rights to do business for a specific duration (McConnell, Bruce, &038 Flynn 2009). A patent for this overbold technology allowed Quasar to experience growth in revenues by compass the price as the only provider of an all-optical calculating machine. Quasar established that peripheral cost and marginal revenue were equal when selling apiece Neutron computer at $2,550 with quantities sold was at 5. Units. This helped Quasar determine the need for maximizing future profits to stay competitive with cost reductions in production. Oligopoly In 2006, Quasar was in an oligopolies grocery store because they were already competing with hunting watch Technologies, a go with that recently introduced their own optical notebook computers. During this time of competition, Quasar and huntsman mutually stabilized the price for not ebooks and both were generating profits.As Orion Technology introduced their optical computer to market which resulted In a 50% consumption, Quasar mulish that the price of the computer would drop to $1850, creating a profit of $207 and revenues equally $1195 million. Although Orion did make a dent in the optical computer labor they were not able to capitalize on the market. Despite the fact that they were memory the other 50%, they lost profits even though the revenues were eq to Quasars. Monopolistic Competition In 2010, Quasar was facing more challenges because of the intermixture of computer models introduced by other new companies.They were in a monopolistic competition, and Quasar thought of another strategy to keep differentiated from their competitors. They allocated a budget of $200 million to invest in note development. Because of that cere was born, another variation of the optical notebook. Ceres was specifically designed for a new end user, thus distinguishing its elf from the Neutron. In a monopolistic competition, brand development Is vital for maximizing profit higher price for their shining quality products (Fischer, Violence, &038 Settler, 2010). Pure Competition The final market was the perfect competition.Quasar is salutary established in the market in 2012. Quasar has obtained controlling interests in Optic for optical display screens (ODDS) technology. The competitive edge with Optic entrust increase revenues but allow require continued innovation to repress the profit loss. Using a similar strategy that Quasar utilise in 2005, profits can be maximized by lowering the cost of production. Because Optic operates in a pure competition market, revenue will increase but eventually the competitors will copy Opticians example confine the economic edge to a short period.Conclusion In each market structure, Quasar made choices that were unique in the structures to maximize profits for each market. The choices made in a monopoly are dif ferent from the decisions that needed to be made in other structures. The simulation allowed the opportunity to see how market structure decisions impacted the overall profitability of Quasar over a span of several years. Our findings produced the best exults for Quasar under each organisational change occurring over a span of a few years.