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在此处复制并粘贴您的作 评估 Nuance会生产名为Dragon Naturally Speaking Premium的语音识别软件。一旦您熟悉公司并通过在Nuance网站上阅读该软件来了解该软件的功能,请回答以下问题: 1)讨论可能与此软件有关的市场支配力来源。(300个字) 2)假定与Premium v​​13的生产相关的长期平均成本曲线享有规模收益的增加,然后回答以下两个问题:...

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在此处复制并粘贴您的作评估

Nuance会生产名为Dragon Naturally Speaking Premium的语音识别软件。一旦您熟悉公司并通过在Nuance网站上阅读该软件来了解该软件的功能,请回答以下问题:

1)讨论可能与此软件有关的市场支配力来源。(300个字)

2)假定与Premium v​​13的生产相关的长期平均成本曲线享有规模收益的增加,然后回答以下两个问题:

a)讨论可能导致此软件回报增加的因素。(400字)

b)使用垄断模型来说明Nuance从长远来看将如何获得此软件的最大利润。(600字)

3)Nuance公司是众所周知的练习3 ,通过提供学术折扣价格歧视看到https://www.nuance.com/dragon/industry/education-solutions/education-student-licensing.html)

a)讨论成功进行价格歧视所必须具备的条件。(200字)

b)在发生价格歧视的情况下,使用垄断模型分析Nuance的利润结果。(500字)

Answered Same Day Nov 19, 2021

Solution

Komalavalli answered on Nov 20 2021
141 Votes
2
Q1) Dragon Naturally Speaking Premium is speech recognition software. This software is designed for users of professionals, individuals and enterprises. It enables user to convert the text to speech in a document and speech to text document using voice commands on various application. Few competitors of nuance speech recognition software are Google, Voice box Technology Corporation, Microsoft and IBM. Nuance is considered to be an oligopoly in its market power. Market power is defined as the ability of a firm to control the volume of production or market price of goods in the markets. A firm with market considered to be a price maker, because the firm decides at what prices they should sold the particular quantity of products to the consumer. Firm has two types of market powers, they are monopoly and oligopoly.
Market power of Monopoly firm:
    Monopoly market is dominated by single seller. The firm makes supernormal profit by selling their products at high prices. They are price maker. There will be high ba
iers to entry in the market. There is no close substitute for the monopoly products in the market. Monopoly firm has control over the supply of products.
Market power of Oligopoly firm:
    Situation of Several firms controls the major share of market is known as oligopoly market power. An oligopoly firm sells either differentiated or homogenous products. Dominant firms influence the price of a product in the market. Firms can earn a supernormal profit; there is a ba
ier to entry in oligopoly market. Oligopolies can either be a non collusive or collusive. A non collusive refers to a market situation where the firms in the market compete each other rather than cooperating whereas a collusive oligopoly cooperates each other decision in determining output or prices in the market. It is revealed that nuance speech recognition software firm is a oligopoly firm .Because it has a dominant strategy among few seller in the speech recognition software market.
2) a) Increasing returns to scale:
In economics increasing returns to scale refers to increase in the production of output greater than increase in use of inputs like labor and capital. Increasing returns to scale in production of Dragon Naturally Speaking Premium refers to rise in production of software with less amount input employment in the production process.
Factors that contribute to increasing returns to scale of Dragon Naturally Speaking Premium software production are 1. Labor, 2.Technology, 3.other factors.
Labor contribution to returns of scale:
    Availability of software developers and other skilled labors required for the production of speech recognition software at low wage rate might have contributed to increasing returns to scale by reducing the average cost of labor production in the output of software. For example the initially firm Nuance produces 100 units of software Premium v13 by employing 50 labors at an average wage rate of $30 per day .Now nuance has expanded their output to 200 units by employing 130 labors at an average wage rate of $25 per day .This example indicates increasing returns to scale of labor employed in speech recognition software production because the firm has low long run average cost curve compared to the previous production.
Capital contribution to returns of scale:
To increase more output a firm needs more inputs like office space , equipments, labors etc. If nuance decided to increase their output production it has to increase their labor, they face constraint due to lack of working space. Because of the lack of space availability to accommodate the labors they will expand the cu
ent office space at a minimal cost. The expansion of office space will increase the production by minimizing the long run average cost curve of the nuance software development firms. Such kind of activities involving the factors of capital will contribute to increasing returns to scale in production.
Other factors contribution to returns of scale:
Availability of low...
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