The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price, they are happy with the deal. There is no coercion. If the person really does not like the deal, they simply walk away. This … Read more
Describe two forms of private spending that represent consumption. The national income accounts include tuition as part of the consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment. Explain.
Snack food venders and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes. 1.Search for information on the California vote on legalizing marijuana. 2. Which side of the vote did the two industries take and why? Please discuss at least one more group/industry in the … Read more
Context The focus of this discussion is on understanding the differences between economies of scale and economies of scope. What are the key differences? Use these concepts to determine whether gains from economies of scale or gains from economies of scope were the principal reason behind a merger or acquisition. Also see the help provided in … Read more
DISCUSSION 1 The learning objectives for this include The three major topics (concepts) in this course, 1) Descriptive Economics 2) Explanatory Economics and 3) Evaluative Economics In this forum, let’s discuss your understanding of these three concepts. 1. How do these concepts tie together? 2. Which concept is the most … Read more
You need to pick any company and analyse its strategy regarding the market structure it operates in. 1) What strategies are applied in the company? 2) Is the company driven with the Profit maximisation, Revenue maximisation, or Sales (Market Share) maximisation? 3) Is this company approach compatible with the theoretic ideas on the success in … Read more
Grading criteria: Minimum of 3 comments on 2 different presentations Advice for giving feedback: (i) Start with something you liked about a presentation. (ii) if applicable, say something you thought could be improved, especially if you provide a suggestion for how to improve. (iii) End on a positive note.
I want a one page single spaced case study paper. All the instructions are given in the attached word file. The reference document which you will be using to write this paper is attached in the attached pdf. i want the paper in bullet point format.
Measuring the Economy’s Performance For this assignment, you should use the information in the textbook and the information found on the official government website: www.bea.gov/index.htm Based on the information contained in the textbook and on the Web site above, answer the following questions: What does gross domestic product (GDP) tell us? How did GDP … Read more
I want a one page single spaced case study paper. All the instructions are given in the attached word file. The reference document which you will be using to write this paper is attached in the attached pdf.