micro reform (1 Viewer)

[aditya]

hey dudes and gals, last min prep hows it going?

could u take some time out and help a brother out....

"outline an exaple of an industry that experienced microeconomic reform/structural change and the effect the changes had on prices for consumers"

if u could nt be bothered a few exaples listed would be fine... 1 even thank you

 

[Teoh]

There's already a thread on this...

edit:
http://www.boredofstudies.org/community/showthread.php?t=18671
http://www.boredofstudies.org/community/showthread.php?t=2920

 

[ToO LaZy ^*]

aviation industry (QANTAS)
telecommunications industry (telstra)
agricultural industry.............and so on and so forth

 

[Wild Dan Hibiki]

is this like an essay q?

 

[aditya]

its from the leading edge book in the middle of the chapter :|

 

[KungPow]

Sounds more like a short answer than a full on essay.
Aren't there any examples in the Leading Edge book? Try looking in the MER chapter (16 i think?)

 

[corro]

deregulation of the telecommunications industry and the privitisation of telstra encouraged increased competition (as seen by the 1000s of companies nowdays) this has served to lower prices and increase productivity in the industry i would assume

 

[miffytoki]

the deregulation of australia's telcommunications sector in 1992 allowing for the entrance of OPTUS to compete against TELSTRA in local STD calls and mobile phone market...this would have led to higher competition levels leading to lower prices

deregulation of the financial system in 1983 where the currency was floated and the lift of controls on banking and lending deposits (also Wallis Statement). This allowed 16 new foreign banks to operate in Australia which led to more competitive fees and lower IRs (esp in mortgage finance).