Discussion Question, choose one of the following:
Provide an example of a real-world industry or market that has
not been described by another student that would be described by
economists as a natural monopoly. Why might government want to
regulate natural monopolies? Find a recent article on how the
government is regulating that natural monopoly and provide a
summary of that article along with a link to the article. Make sure
you know the definition of a natural monopoly as...
Give an example of combining unsupervised and supervise learning
methods to provide solutions in real world.
How should companies plan and deal with the consequence of
implementing an analytics solution?
choose a real world industry (for example, the auto industry as
opposed to a company such as Ford) and determine which of the four
market structures (perfect competition, monopolistic competition,
oligopoly, or monopoly) this industry is most closely related to.
Be sure to support your answer by referring to the characteristics
that define each market structure.
What ethical issues are present in marketing?
Choose an example of a real-world questionable action or
decision. Define the benefit and harm.
(not copy-paste!!!)
Evaluate real-world instances of externalities and public good
inefficiencies and suggest solutions. Describe a situation where
you experienced a positive or negative externality or free-riding
by you or someone else. Why are these situations problematic?
Using an original real-world example of your choice, explain how
multiprogramming allocates and deallocates the processor
illustrating carefully at least one interrupt and one context
switch. Assume one processor shared by several jobs.
Give a real world example (or be creative and make one up) in which
a unanimity rule might be a good option for making a group
decision. (Be sure to explain why you think so - this won't rely on
economic logic per se, but you should still state your reason).
Then, try to think of how your unanimity rule might violate one or
more of the six desirable features. (You must explain how it
violates at least one of...