Premium Essay

Monopoly Own It All 4 Analysis

Submitted By
Words 1019
Pages 5
In terms of advertisements, you will never find a still photo ad to look as red as the Monopoly Own It All 4, photographed by Ralph Baiker, directed by Petra Sievers, Copywriter: Michael Muck, Illustrator: Lichtmaschine Berlin, Photographer: Ralph Baiker, Retouching: Henning Moser,and distributed by J. Walter Thompson in Frankfurt Germany.

The entire picture is bright red except the workers and customers have very distinct clothing, steering well away from the background and lighting. The man talking to the attendant in the front appears to have is backpack red, perhaps showing that he might be investing into the game, while the woman behind him appears to be in a shock and awe moment analyzing the room very distinctively. Both of the customers …show more content…
The television help indicate why this setting is set back in time. As does the non digital clock that you would most likely see in modern times. This is important because this indicates that Monopoly is not a new game, rather a very old game that has had a lasting impacting on the world. Since it is relatively old the addition to the game is to help you get lost in time and relate to when the time the game was made. The shadows on the characters face show a side that could be due to the lighting, but there is more of a reason for that. On the far left of the photo you see a person whose face shows deception, kind of showing that the person is tricking whoever is on the phone with them. Notice that I have not identified the gender of this person, frankly because I personally think it is a man dressed up as a woman in order to help himself get something he wants This helps because players need to do that in order to progress through the game. We do not get to see the male customers face to make an analysis of that but we do see the female customers. She is lost in what she is seeing but also you could possibly get a sense she knows what is going on and she is playing …show more content…
Remember the woman has a variety of colors that she is wearing. This may be because of the colors representing her emotions. She is wearing light green, light blue, and light purple. The green obviously describes money and maybe even growth. The light blue symbolizes trust, loyalty, and intelligence. While the light purple is the most crucial. The light purple and generic purple show royalty. And while green represents money the purple shows what you have with the money. Not only that but purple is known for dragging the most attention towards kids, which represents who plays this

Similar Documents

Free Essay

Qq Case

...Anti-monopoly Analysis of Tencent QQ vs. 360 Dispute Weiwei Hu and Yimeei Guo School of Law., Xiamen University; 361005, China helusi420hw@163.com, ymguo@xmu.edu.cn Abstract. Anti-monopoly concerns are becoming more and more frequent for Internet industries competiting all over the world. This paper makes a case analysis of Tencent QQ vs. 360 dispute, then has some further thought from such dispute.Finally, it is hoped by this paper that China’s Anti-monopoly Law be healthily and perfectly enforced in the future. Keywords: Anti-monopoly, Internet industries, Case analysis. 1 Introduction Anti-monopoly concerns are becoming more and more frequent for Internet industries competiting all over the world.For example, in February 2011,Apple launched a new service that allows for magazine and newspaper subscriptions for its popular devices, might draw claim from publishers that Apple dominates the market for consumer tablet computers and that it has allegedly used that commanding position to restrict competition.[1] Also in February 2011,Hudong.com, an online encyclopedia, is alleging that Baidu unfairly blocks its Web pages from search results in favor of its own encyclopedia service, Baidu Baike.[2] On April 1,2011, Microsoft plans to file a complaint with the European Commission demanding action against competitor Google on competition law grounds. Microsoft claims that Google stops other companies from accessing the information needed to run effective search operations.[3]...

Words: 4229 - Pages: 17

Premium Essay

Microeconomics

...Week 7 assignments Task 1: Consider the following table of costs for the Winsome Widget Factory, which operates in a perfectly competitive market. The market price faced by this firm is $6.00 per widget. a. Fill in the formula for AFC, AVC, ATC, MC, TR, MR, and Total Profit at the top of the column in the gray section within the table. b. Fill in the missing values for TFC, TVC, AFC, AVC, ATC, MC, TR, MR, and Total Profit in the blue sections of the table. | Winsome Widget Factory | |Output |Total Fixed Cost | |Barnes & Noble books |-4.00 | |Coca-Cola |-1.22 | |Cigarettes |-0.25 | |Beer |-0.23 | |Gasoline |-0.06 | In your project, address the following questions: Using the elasticity estimates in the table above, classify the price elasticity demand as elastic or inelastic. Explain your reasoning. Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases. Using those classifications, make some assumptions regarding tax incidence. For instance, will buyers...

Words: 1770 - Pages: 8

Premium Essay

Maths

...are listed on the stock market, which means that they have to comply with the rules of the stock market and any member of the public can buy shares in the company. 2 An excess of sales receipts over the spending of a business during a period of time, which can be calculated using the formula: profit = revenue – costs. 3 At any level of output, revenue is calculated by multiplying output by the price at which each unit of output is sold. In perfect competition, because it is always possible to increase sales revenue by selling more units of output, the revenue-maximising level of output does not exist. In other market structures, including monopoly and oligopoly, marginal revenue falls as more units of the good are sold. Revenue maximisation occurs at the level of output at which marginal revenue is zero (MR = 0). By contrast, in all market structures, including perfect competition,...

Words: 13736 - Pages: 55

Premium Essay

Econ 203

...ECON 203 - Case Study case study I. Table of Contents I. Table of Contents ……………………………………………… 1 II. Summary of Article ……………………………………………… 2 III. Concepts from Microeconomics Applied to Article …………. 4 A) Monopolies vs. Perfect Competition…………………… 4 B) Natural Monopolies……………………………………… 4 C) Price Discrimination……………………………………… 5 D) Price Controls for a Natural Monopoly……………… 5 E) Picking an Output Level………………………………. 6 IV. Analysis of Paper ……………………………………………….. . 7 V. Works Cited ………………………………………………………. 8 II. Summary of Article In a recent article written by Chris Moran titled “Why New Fiber Networks are Required to Shatter Monopolies of Comcast and Other ISPs” (Moran, 2013), the author commiserates with consumer’s financial frustrations that are stemming from monopolistic cable companies.  Moran explains that the cable monopolies have come to exist as a result of outdated regulations that force a certain company upon a consumer based on their zip code. The article proclaims that with the introduction of fiber-optic networks, these monopolies may finally shatter. Moran’s article correspondingly references an editorial that was written by Christopher Lee, published in the Washington Post, which focuses on how cable companies are able to maximize their profits (Lee, 2013). Moran’s article highlights Lee’s core argument, which is that cable providers are engaging in price discrimination. Basically, by offering...

Words: 1717 - Pages: 7

Premium Essay

Managerial Economics

...of resources ( Choice. • Scarcity of resources ( Efficiency. Question: How to organize the system which promotes the most efficient use of resources? 2. Economics combines the rigour of science and poetry of humanities: Elaborate. 3. Three Fundamental Choice Problems of Economic Systems: • What commodities shall be produced and in what quantities? • How shall these commodities be produced? • For whom shall these commodities be produced? 4. Micro and Macro Economics: • Micro Economics: Concerned with the behaviour of individual economic units and their interactions – consumers and producers/business firms. ← Major type of interactions in the market: Between Buyers and Sellers: ← Three major components of Microeconomics: ← Product pricing ← Input (Factor) pricing ← Welfare economics ← Major uses of Microeconomics: ← Provides basic tools of economic analysis for application in special areas like Managerial Economics, Industrial Economics etc. ← Helps in understanding how the economic units operate, and whether they operate efficiently or not. ← Helps in making conditional prediction/forecasting. • Macro Economics: ← Study of aggregates: Deals not with individual income, but with national income, not with...

Words: 13634 - Pages: 55

Premium Essay

The "Bathroom Manufacturers" Cartel Case

...| School of Business & Economics | | | | Place & date: | Maastricht, 28.11.2014 | Name, initials: | Romet Puiga, RP | ID number: | I6094472 | Study: | Economics & Business Economics | Course code: | EBC1010 | Group number: | 2 | Tutor name: | Kutay Cingiz | Writing tutor name: | Jim Schumacher | Writing assignment: | Main Paper (Task 10) | | | r.puiga@maastrichtuniversity.nl Table of Contents 1. Topic introduction 2. About cartelization 3. Overview of EU antitrust legislation 4. Analysis of the “bathroom manufacturers” cartel case 5. Conclusion References 1. Introduction According to the European Commission Press Release Database, 2010, Article IP/10/790, seventeen bathroom equipment manufacturers were fined a total amount of €622 million for engaging in cartelization the same year. This case certainly provides an interesting topic for research and analysis as the cartel included seventeen manufacturers in six European countries and had a lifespan of twelve years. These quick facts demonstrate just how serious, extensive and carefully covered the agreement was. Not only did this market manipulation have a significant effect on the economy of these six countries, but also on the economic situation of the European Union as a whole and therefore touched the global economy. As the case is so extensive, it is important to gain an economical insight in order to understand the European Commission’s...

Words: 2433 - Pages: 10

Premium Essay

Hollywood Film

...Introduction Our analysis of Hollywood film industry show us the industry as an oligopoly and we decided to analyse its characteristics through the “structure conduct performance of this industry” (SCP) Industrial concentration has been a concern for economics studies, while analysing Hollywood film industry we found a significant amounts of concentration with the largest companies that give them an amount of monopoly power that they use on its benefit preventing new comers, the power is use as a barrier to entry the market is often exercised in ways that harm the all industry. Measures of concentration are important for the analysis of imperfect competition brought by monopolistic markets, and governments use them when are considering antitrust policies and companies merging. These measures provide an indication of the ability of the largest firms to control prices and competition. Monopolies have the advantages of lowering production costs economic of scales and profit maximisations setting mark ups prices that can be one of the reason for unequal market competition and in not much benefit for consumers. Although concentration is problematic in the industry it represent special problem in the movies business because, the big screen operates not only in the market of goods and services but also as ideological diversify market newer and fresher ideas can coming at any time. Brainwashed and manipulation can arise as a consequence of a significant monopoly power diminishing...

Words: 1758 - Pages: 8

Premium Essay

Market Structures

...they firms within the structure are going to price their products in the industry. The market structure will have an effect on the supply and demand of the different commodities in the market. The market structure will also influence barriers for entry and exit in the industry. In order to understand these structures in an economic community you must obtain an understanding of how they all work together to form the economic community. By the end of this report you will possess the necessary knowledge to understand the market structures in the micro economy. Before we begin to the inevitable breakdown of the individual market structures it is important to identify some of the key features of market structure in general. First it would be important to look at the number of firms in the market. This would include local and foreign markets. Next you should be aware of the concentration ratio of the given company. This will allow you to determine the market share held by the individual companies. Another important feature is the amount and nature of costs in the market. This analysis will allow you to show how costs affect contestability in the...

Words: 2943 - Pages: 12

Premium Essay

The Endless Crisis

...THE ENDLESS CRISIS REPORT Introduction The Endless Crisis was written by John Bellamy Foster, the editor of Monthly Review and professor of sociology at the University of Oregon collaborating with Robert W. McChesney. The article came originally from the introduction of the book called The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the United States to China. The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, which appear to be the turning point of the world history. The recovery plan was set to two year, however the world economy five years after crisis is still in the sluggishness. The Traid – United States, Europe, and Japan remain caught in a slow growth condition, financial instability, and high unemployment rate. As a consequence, the effects spread globally. Despite the slowdown of the global economy, China is the only country found out to be a bright spot as its economy is still expanding. Different views on the Stagnation In the United States, the focus of financial crisis shifted to the idea of economic stagnation. The idea of stagnation was introduced by authorities and published books as follow. Firstly, Ben Bernanke, chairman of Federal Reserve Board said on his speech in 2011 that the stagnation was not affects only the United States, but the global economy as a whole. He moreover stressed that he do not expect the long-run potential growth...

Words: 6358 - Pages: 26

Premium Essay

Monopoly

...Introduction to Economic Analysis- 153400003 AS1 Using examples, discuss critically the costs and benefits of monopoly in modern economies. Richard Itaman Student Name: Allegra Campinoti Student ID: 628548 Word Count: 2100 Monopoly is defined as “a market served by a single seller of a product with no close substitutes.” (388 ,Frank and Parker 2007) For a monopoly to be successful there can’t be any close substitutes that are able to provide a similar product or service the firm is offering. Monopoly can be formed if one or more combinations of five main factors are fulfilled. The first being exclusive control over important inputs, meaning that the firm has a unique product which is very hard to emulate. The second that it exploits economies of scales, the long-term average costs of the production of a certain quantity of a product will be much lower if only one firm is the producer. The third is the existence and use of patents, something that gives the right to a firm for the exclusive use and benefits of a certain idea produced by the firm. “ The protection from competition afforded by the patent is what makes it possible for the firm to recover its costs of innovation.” (390 ,Frank and Parker 2007) If patents were not present competition would cause price to reach marginal cost and the innovation and development would have a much slower pace. The fourth factor is Network economies; this occurs when the consumer’s demand of a certain product increases so much...

Words: 3674 - Pages: 15

Premium Essay

Docx

...a macroeconomic decision. C) both a microeconomic and a macroeconomic decision. D) neither a microeconomic nor a macroeconomic decision. 2) 3) Which of the following would be considered an example of a macroeconomic problem? A) Should Microsoft reduce the price of its Windows operating system? B) Should JP Morgan Chase increase the interest rate it charges its credit card customers? C) Should Mitsubishi eliminate one of its production shifts? D) Should the federal government extend the eligibility period for unemployment benefits? 3) 4) Walmartʹs entry into the market in Mexico had the effect of: A) reducing competition and raising the prices of many of the goods it sells. B) increasing competition and raising the prices of many of the goods it sells. C) increasing competition and lowering the prices of many of the goods it sells. D) reducing competition and lowering the prices of many of the goods it sells. 4) 5) Which of the following statements is false? A) While managers must understand how output prices are determined, determination of input prices is irrelevant because it is beyond the managerʹs control. B)...

Words: 3664 - Pages: 15

Premium Essay

: Business Environment

...Catalog 1. Introduction 1 2.Identify the purposes of different types of organisation. 2 2.1 Differentiate the types of organizations 2 2.2 Describe the purposes of the organizations separately 3 2.3 Analyze the purpose of The Body Shop 3 2.4 Summary 4 3.Describe the extent to which an organisation meets the objectives of different stakeholders 4 3.1 Analyze the stakeholders' needs in The Body Shop 4 3.2 Describe how managers meet the interests of various stakeholders 5 3.3 Summary 5 4.Explain the responsibilities of an organisation and strategies employed to meet them. 5 4.1 Explain the responsibilities of an organization in theory 5 4.2 Analyze the responsibilities and strategies which are committed by The Body Shop. 6 4.3 Summary 7 5.Explain how market structures determine the pricing and output decisions of businesses 7 5.1 Identify the four types of market structures 8 5.2 Analyze which market structure The Body Shop belongs to 9 5.3 Summary 10 6.Illustrate the way in which market forces shape organizational responses using examples 10 6.1 Identify the five forces and explain how they impact on competition 11 6.2 Illustrate the relationship between market forces and The Body Shop's responses 12 6.3 Summary 12 7.Judge how the business and cultural environments affects organisation 12 7.1Give an understanding of how "business" and "cultural" affects The Body Shop 13 7.2Show why "business" and "cultural" environments...

Words: 4176 - Pages: 17

Premium Essay

Monopoly

...Introduction to Economic Analysis- 153400003 AS1 Using examples, discuss critically the costs and benefits of monopoly in modern economies. Richard Itaman Student Name: Allegra Campinoti Student ID: 628548 Word Count: 2100 Monopoly is defined as “a market served by a single seller of a product with no close substitutes.” (388 ,Frank and Parker 2007) For a monopoly to be successful there can’t be any close substitutes that are able to provide a similar product or service the firm is offering. Monopoly can be formed if one or more combinations of five main factors are fulfilled. The first being exclusive control over important inputs, meaning that the firm has a unique product which is very hard to emulate. The second that it exploits economies of scales, the long-term average costs of the production of a certain quantity of a product will be much lower if only one firm is the producer. The third is the existence and use of patents, something that gives the right to a firm for the exclusive use and benefits of a certain idea produced by the firm. “ The protection from competition afforded by the patent is what makes it possible for the firm to recover its costs of innovation.” (390 ,Frank and Parker 2007) If patents were not present competition would cause price to reach marginal cost and the innovation and development would have a much slower pace. The fourth factor is Network economies; this occurs when the consumer’s demand of a certain product increases so much...

Words: 3674 - Pages: 15

Premium Essay

Macro

...Note This paper was prepared for Economics 100, taught by Professor Olanrewaju. MACROECONOMIC FACTORS AND THE ECONOMY 2 Abstract This paper discusses about how a monetary policy causes specific macroeconomic factors such as GDP, interest rates, inflation, and unemployment. It contains how monetary policies differ in managing an economy. It includes the proposed circumstances why or what would have happened if the monopoly was successful. MICROECONOMIC FACTORS AND THE ECONOMY 3 Introduction What happens around the globe affects us and our families in ways that are uncontrollable in previous years. Today, we faced with many layoffs and cut back production and flooded with business-and economics-related articles about massive layoffs and limited resources by which we all live by. It just a matter of time when the economic crisis became a political and social crisis. When people became unemployed, President Obama signed off a proposal in extending their benefits where they can meet their financial obligations. Over half of the unemployed are currently going to colleges and universities since the job markets have grown larger. The reason is because the businesses...

Words: 1260 - Pages: 6

Premium Essay

Market Structure in Bangladesh

...Part A – (8 marks) Explain monopoly and monopolistic competition market structures, and identify the key factors that distinguish them   Part B – (18 marks) Choose two different industries from your home country representing monopoly and monopolistic competition market structures. Identify their key characteristics in relation to the factors used to differentiate between the market structures. Using the real 5/5 data from your case studies analyse how well each case study fits with the different market structures.   Part C – (6 marks) For the monopoly firm in your case study, identify the potential market power that it has and the types of controls (if any) that are in place to limit this.   Part D – (6 marks) For the monopoly firm in your case study, identify if there are other benefits generated by the monopoly that would be difficult to gain from a monopolistic competition market structure.   Part E – (6 marks) For the monopolistic competition industry, identify the extent to which firms are able to differentiate their products, and whether this allows them to gain some price advantages. SOLUTION Monopoly and monopolistic competition market structures   Monopoly Market Structure The monopoly is understood to be the market structure associated with single seller of a product which has huge demand either as a result of necessity or because of the huge customer base (Gillespie,2011). However this may not be correct that in case of monopoly there is single seller. But...

Words: 2478 - Pages: 10