Explain how the value of a social media network increases with the number of connections. Apply concept to explain why Facebook or Google often purchase new, unprofitable startup social media companies for billions of dollars.

what is the current relationship between Saudi Arabia and Russia. In economic terms, describe what is occurring. (200 words)

What is OPEC and how would it be described in economic terms? 200 words

Over the past seven weeks, we have explored different decades of US history and applied principles of macroeconomics to their outcomes. Take this time to share what you have learned with your classmates. In your initial post, respond to the following:

Choose one macroeconomic concept you applied in your final project of the years 2000-2010. Explain how it helps describe the economic outcomes of the decade you researched during 2000-2010.

One economic question is deciding how to produce. That means businesses need to make decisions on what types of production systems and what types of inputs to use. The isoquant/isocost model allows us to conceptualize the answer(s) a business might have for the question of how to produce. The relative price inputs plays a role in answering the question of how to produce.

There may appear to be times when a firm does not appear to adjust input use to changes in relative prices of inputs. Explain why this might be the case.

WHAT IS THE BEST WAY TO MOTIVATE AN EMPLOYEE AND WHY?

should the United States adopt information-control regulations similar to Britain’s Official Secrets Act? Explain why or why not.

Suppose a market is served by a monopoly manufacturer selling to a single customer. The customer’s inverse demand is given by P = 50 − (1/10)Q. The monopoly’s marginal cost is constant at 20, and there are no fixed costs. Show your work for each question below.

(a) If the monopoly can only charge a single price, what price does it charge? What are its profits?

(b) Now suppose the monopoly can use a two-part tariff. Find the values of the fixed fee, f, and price per unit, p, that maximize its profits.

(c) Next, suppose a customer joins the market who is willing to pay $80 per unit for up to 90 units (i.e., demand is perfectly elastic at $80 up to a quantity of 90). If the monopoly charges the f and p you found in (b), what are its profits now?

(d) Suppose the monopolist continues to use a single two-part tariff when selling to both customers. Provide an example of a fixed fee, f 0 , and price per unit, p 0 , that bring the monopolist higher profits than in (c). Proceed carefully and explain in words why the change helps to increase profits,

.            Consider the following model of an economy with no international trade, and in which the price level is fixed:

                                                                                 C = 70 + (11/12)∙DI

                                                                                             I = 20

                                                                                            G = 30

                                                                                Taxes = (1/11)∙GDP

where C is consumption demand, DI is disposable income, I is planned investment, G is government purchases, and all whole numbers are in billions of dollars.

a.            Determine the equilibrium level of production (GDP) in this economy (show your work), and draw this equilibrium situation on a graph.

b.            Use the multiplier to determine the change in equilibrium GDP that would result from an exogenous 11 billion dollar increase of government purchases. Then determine and explain the effects of this change on consumption, saving, and the government deficit.

Respond to the following topic "Trade in Michigan and the Coronavirus Pandemic"

1) Who are Michigan's major trading partners (countries) and how much trade occurs with Michigan and other countries?

2) Please tell me how trade is being affected by the Coronavirus Pandemic around the globe and in Michigan. Be specific and give examples.

3) How and why have interest rates (Federal Reserve) changed recently and according to basic economic principles should the dollar appreciate or depreciate as a result? What is actually happening to the dollar in terms of getting stronger or weaker (related to psychologically please find recent articles)?

4) Given that global supply chains have been disrupted significantly due to factory closures and sales disruptions--and with so much volatility and uncertainty around the world--what do you think the effect will be on international business going forward?

The US economy was hit two shocks at the onset of the 2008 Global Financial crisis. First, it faced a negative supply shock due to a doubling of the price of oil, large price increases in other commodities and the collapse of a domestic housing bubble. Soon after, a negative aggregate demand shock followed, as consumer optimism dropped, while a reduction in credit supply in the financial sector caused firms to cut back on their investment plans.

Using the AS/AD model and assuming that the economy is initially at its long-run equilibrium (where output is equal to Y*), show on a graph what happens in the short-run to inflation and output when the economy is hit by a negative demand shock such as a drop in consumer optimism or firm investment.

9. Taxation - An algebraic approach

Suppose the supply of a good is given by the equation QS=100P−100QS=100P−100, and the demand for the good is given by the equation QD=350−50PQD=350−50P, where quantity (Q) is measured in millions of units and price (P) is measured in dollars per unit.

The government decides to levy an excise tax of $3.00 per unit on the good, to be paid by the seller.

Calculate the value of each of the following, before the tax and after the tax, to complete the table that follows:

Given the information you calculated in the preceding table, the tax incidence on consumers is   per unit of the good, and the tax incidence on producers is   per unit of the good.

The government receives   in tax revenue from levying an excise tax of $3.00 per unit on this good.

True or False: The price ultimately received by the seller (that is, the amount of money that the seller gets to keep after receiving payment from the buyer and paying any applicable taxes) would have been different if the tax had been levied on buyers instead.

True

False