FSTI Holdings has 4 major investments in its portfolio, and you have been asked to determine their current market value. Its holdings are as follows 1. It purchased an annuity from Best Financial 5 years ago. At that time, it paid a lump-sum of $10 million, and in return, FSTI was promised a monthly payment … Read more
Topic: “Diminishing Returns” is a concept, or more precisely, an empirical finding that shows up in a variety of places in microeconomics. We first encountered it in the module on utility, and then again in this module on production and costs. What do economists mean by “diminishing returns” to an input? What causes diminishing returns? … Read more
I want 3 Things. All of these must be on Bank of America Corporation. What I want is listed below: 1. I want 3 beautiful and attractive looking slides (Google Slides or Microsoft PowerPoint) on the below topic: Bank of America’s Major Businesses: How the bank earns its profits – type of bank (e.g., … Read more
Instructions Identify a time when you saw a price that was “too good to be true.” Using the economic theory you learned in this unit, justify why the firm set the price below its average total cost of production. Your journal entry must be at least 200 words in length. No references or citations are … Read more
Is education a public good? Does education have external benefits? If so, what are some of those public benefits? In your opinion are the external benefits large or small? Why? What should government do to promote the efficient provision of products that have external benefits? If you think that government should put more resources into … Read more
Instructions Ruby Red Movie Theater has experimented with using different numbers of workers in the concession area of the theater as well as at the ticket counter. In these experiments, Tracy, the manager of the theater, collected data on total number of buckets of popcorn as well as movie ticket sales produced per day. Tracy … Read more
Instructions Describe a situation in which you experienced the law of diminishing marginal returns. How did this affect you? Your journal entry must be at least 200 words in length. No references or citations are necessary.
Written Exercise 1. Why are private property and freedom of choice essential components of a market system? What would be the consequences if we lived in a society that did not honor the right of private property? Try to compare the United States with a “command and control” economy. 2. What role does freedom … Read more
Instructions The Ruby Red Movie Theater in town is in jeopardy of having to close its doors because it is unable to generate enough total revenue. In an effort to generate more revenue, the movie theater manager decided to change the prices this month for drinks, popcorn, candy, hot dogs, and movie tickets. The manager … Read more
Participation in the discussion boards is mandatory and is expected to lead to high collaborative learning. Students will choose from the assigned topics and will be required to find an article in the popular business press (e.g. Bloomberg BusinessWeek, Fortune, Forbes, Wall Street Journal, etc.) from within the last 6 months relevant to the topic … Read more