Questions
What is the role of metrics in social media marketing programs? How do the metrics used...

What is the role of metrics in social media marketing programs? How do the metrics used in decision-making vary at different levels of the organization?

In: Economics

1. Macaroni Unlimited, Ltd. (MUL), is trying to decide whether or not to enter the spaghetti...

1. Macaroni Unlimited, Ltd. (MUL), is trying to decide whether or not to enter the spaghetti sauce market. It knows that its actions will be closely monitored by the local spaghetti sauce monopoly, Sicilian Scintillations (SS), which can then choose whether or not to set a high price for sauce or a low price. If Macaroni Unlimited does not enter, it earns profits of zero. If it does, then its profits depend on SS's price. If the price is low, Macaroni Unlimited loses $100. If the price is high, it makes $50. SS's profits with a low price are $10 if MU does not enter and $70 if MU does enter. SS's profits with a high price are $200 if MU does not enter and $50 if MU does enter.

a) Draw this game in the Normal Form (the boxed table like in this Module, payoff matrix).

b) Does either firm have a Dominant Strategy? If so, which?

c) Find all of the Nash Equilibria (in pure strategies).

In: Economics

How has the study of trade patterns evolved over time, and in the light of empirical...

How has the study of trade patterns evolved over time, and in the light of empirical testing of trade models

In: Economics

the preferences of two individuals are represented by the following equations: U1 = X1Y1 and U2...

the preferences of two individuals are represented by the following equations:
U1 = X1Y1 and U2 = X2Y2; where U1 denotes the utility of person 1; X1 and Y1 denote this person's consumption of goods X and Y, respectively; while U2, X2 and Y2 stand for the corresponding variables of person 2. Person 1 is endowed with 2 units of X and 12 units of Y, whereas person 2 is endowed with 4 units of X and 6 units of Y.

A. Derive the first person's demand for X as a function of PX and PY; where PX and PY represent the prices per unit of X and Y, respectively.

B. Assuming that the two individuals exchange as perfect competitors, find the equilibrium value of the price ratio PX/PY.

C. Calculate the first person's gain from exchange.

In: Economics

1. (3 pts.) Of the following alternatives, which is the best measure of the economic satisfaction...

1. (3 pts.) Of the following alternatives, which is the best measure of the economic satisfaction of the

members of a society:

A. Nominal GDP

B. The rate of in

C. The value of corporate prots

D. Real GDP

In: Economics

Suppose the world price of banana is P* and Ecuador decides to offer its banana exporters...

Suppose the world price of banana is P* and Ecuador decides to offer its banana exporters an export subsidy $s/unit. Use a graph of domestic demand- and supply-curves and:

(a) show the effect of the export subsidy on Ecuador's banana price, domestic supply, domestic demand, export quantity, consumer surplus, producer surplus, and government expenditure assuming Ecuador is a small country;
(b) identify Ecuador's net welfare change as a result of the export subsidy assuming Ecuador is a small country;

(c) Assuming a production subsidy is used instead, show the effect of the production subsidy on Ecuador’s banana price, domestic supply, domestic demand, export quantity, consumer surplus, producer surplus, government expenditure and total welfare assuming Ecuador is a small country.

(d) Between export subsidy and production subsidy, which would be preferred by the consumers?

(e) Between export subsidy and production subsidy, which would be preferred by the domestic producers?

(f) Between export subsidy and production subsidy, which would be more desirable to the country?

In: Economics

how the company uses social network to improve its online auction

how the company uses social network to improve its online auction

In: Economics

How did macroeconomic policies contribute to the Golden Age (and describe the main characteristics of the...

How did macroeconomic policies contribute to the Golden Age (and describe the main characteristics of the Golden Age)?


In: Economics

What are the strengths and weakness of federalist 51?

What are the strengths and weakness of federalist 51?

In: Economics

What was the purpose of federalist 51 (summary and analysis)

What was the purpose of federalist 51 (summary and analysis)

In: Economics

10. Historically, Fannie Mae and Freddie Mac went to banks and other mortgage originators, firms that...

10. Historically, Fannie Mae and Freddie Mac went to banks and other mortgage originators, firms that loaned money to homebuyers, and buy their mortgages. This allowed the banks and other originators to make still more mortgage loans. Fannie and Freddie and investment banks would combine mortgages and sell them to individuals and businesses in the form of mortgage-backed securities (MBS).

In financial investing, there is generally a tradeoff between risk and reward. Greater returns usually come with greater risks. Financial investors interested in investing in the U.S. housing market while prices were still rising, sometimes at double-digit annual rates (“Flip This House”), became interested in U.S. mortgage-backed securities issued by Fannie and Freddie and major investment banks

a. How did private markets evaluate the default risk of MBS and why were risks so underpriced prior to the 2007-09 recession?

b. Conservative investors in MBS could buy a form of “insurance,” from other firms including traditional insurance companies (AIG) called credit default swaps, against potential mortgage defaults. When MBS became toxic assets, what happened in the market for these insurance-like contracts?

In: Economics

After you graduate from university, you find a job in a company that produces good X....

After you graduate from university, you find a job in a company that produces good X. You are working in a competitive market. Your boss asks you to compute the price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, and the price elasticity of supply. The question is: how your boss will benefit from computing each of these elasticities. Explain in detail with an example for each case.

I need the answer minimum 500 words.

In: Economics

prepare a tecniacl report about including introduction : about the keynes's liquidity theory body and discussion...

prepare a tecniacl report about including
introduction : about the keynes's liquidity theory
body and discussion : why does keynes thought thath velocity could not be treated as constant + example (dis advanges and advategea)
conculsion: suggest, summary, recommedation, opinios

Explain Keynes’s Liquidity Preference Theory. Why does Keynes thought that velocity could not be treated as a constant?

In: Economics

2) Two types of customers make up the market for Armoyas. There are 100 type A...

2) Two types of customers make up the market for Armoyas. There are 100 type A customers, each of whom is willing to pay up to $10 for an Armoya. There are 50 type B customers, each willing to pay up to $8 for an Armoya. No customer wishes to buy more than a single Armoya. The monopolist cannot differentiate between the types of customer. The average and marginal cost of production is constant at $6/Armoya.

a) What is the selling price of the good, and how much profit does the monopolist make?

b) The monopolist is offered the opportunity to advertise Armoyas at a cost of $80. The advertisement is predicted to attract another 100 type B customers. Will the advertisement be placed? What is the selling price of the good, and how much profit does the monopolist make?

c) Suppose the advertisement attracts no new customers, but raises the price all existing customers are willing to pay by $1. Will the advertisement be placed? What is the selling price of the good, and how much profit does the monopolist make?

In: Economics

Suppose that the annual market demand for Bleebs is given by Q=3750-75P The average and marginal...

Suppose that the annual market demand for Bleebs is given by Q=3750-75P The average and marginal costs of producing Bleebs are $10/bleeb.

A) If the firm acts as a single-price monopoly, what are the monopoly quantity, price, and profit?

B) Suppose that there are three hundred identical customers in this market. What is the best two-part tariff that the monopolist can use? If the monopolist implements the two-part tariff, how much profit will it make?

C) It turns out that the monopolist was wrong about the makeup of the customers. At any price, 1/3 of the customers buy twice as much as the other two thirds. If the monopolist implements the two-part tariff in part b, how much profit will it make?

In: Economics