Shari Entered into an Agreement with Taiga Developments Inc Under

question 13

Essay

Shari entered into an agreement with Taiga Developments Inc under which she would act as an agent to find real estate for Taiga to buy in a suburb of Regina, Saskatechewan.Taiga had told her that it wanted to buy up all the land and buildings in a three block area to build a mall.No one but Taiga and Shari knew about Taiga's plans.Shari found a piece of property for sale across the street from the area Taiga was interested in for a great price.She knew that once the mall went in the property would be worth much more than it was today.Shari bought the property and then sold it after Taiga had built the mall for twice what she paid.Did Shari breach her fiduciary duty?

Explain the role of market power in determining the relationship between marginal revenue and demand curves.

Analyze the effects of regulation on natural monopolies, focusing on public ownership, pricing, and consumer welfare.

Distinguish between single-price monopoly and price discrimination practices.

Understand the conditions under which a monopoly can practice price discrimination and its impact on markets.

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Definitions:

Acid-test Ratio

A stringent indicator of a company's liquidity, calculating its ability to cover short-term obligations with its most liquid assets, excluding inventory.

Inventory Turnover

A measure of how often a company's inventory is sold and replaced over a certain period of time, indicating efficiency in inventory management.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

Generate Sales

The process of creating revenue through the marketing and selling of goods or services.