: EACH QUESTION SHOULD BE 1 TO 3 PAGES IN LENGTH TO COVER THE MATERIALS. USE CITATIONS FROM YOUR RESEARCH AND THE CLASS MATERIALS. PROVIDE WORKS CITED PAGE.
Question: what is meant by the term Jus Cogens. Why is it important to international law and what effect does it have on the making of international law.
In: Economics
A free trade equilibrium exists in which the United States exports machinery and imports clothing from the rest of the world. The goods are produced with two factors: capital and labor. An increase now occurs in the U.S. endowment of capital, its abundant factor.
A. What is the effect on the shape and position of the U.S. production possibility curve?
B. What is the effect on the actual production quantities in the United States if the commodity price ratio is unchanged? Explain.
C. What is the effect on the U.S. willingness to trade?
D. Assuming that, the U.S. growth does affect the international equilibrium price ratio, what is the change in this price ratio?
In: Economics
Explain the historical difference between the economic growth in England and that in the United States. What were the major causes of economic growth in each nation? What were the similarities and differences?
In: Economics
Provide 2 paragraphs to answer the following question.
1. What are some of the major different types of taxes? How are they levied and who pays each tax? What is meant by a tax’s progressivity? How is this determined?
In: Economics
1. SQL is considered one of the most valuable skills to empower managers as data analysts. Search the Web for free resources that teach SQL. Try a free introductory lesson (you might find these in sites like Khan Academy, and Code Academy, among others). Is this something you might continue to explore on your own? Does your university offer classes where you can learn SQL and other methods and technologies used in data analytics?
2. Name and define the terms that are supplanting discussions of decision support systems in the modern IS lexicon?
3. Think about the amount of data that is collected about you every day. Make a list of various technologies and information systems you engage with, and the organizations that use these technologies, systems, and services to learn more about you. Does this information serve you better as a consumer? What, if any, concerns does broad data collection leave you with?
4. What do you think about dynamic pricing? Is it good or bad for consumers? Is it good or bad for businesses? Explain your answer.
5. What is business intelligence? Provide examples of three types of business intelligence software used by firms to support managerial decision making.
In: Economics
Explain Backward Induction Method and Extensive Form of Game through relevant examples in the soft drinks industry.
In: Economics
Discuss and explain what can be learnt by “Industrial Organization”
In: Economics
Answer the following questions in a paper of 500 words with 1 reference:
In: Economics
In: Economics
In: Economics
2. (i) First describe in general, a tariff and an import
quota.
(ii) What are the primary differences between them?
(iii) Using a diagram for each, show how an increase in demand
would affect such macroeconomic variables as (a) the price, (b)
imports, (c) domestic production and (d) government revenue, much
as we did in class. Be sure to show these effects on your two
graphs.
In: Economics
The firm's production function as reported by the firm's production engineer is as follows:
# of Labor Units may be employed per week | # of chairs may be produced |
0 | 0 |
1 | 5 |
2 | 15 |
3 | 25 |
4 | 35 |
5 | 39 |
6 | 42 |
7 | 44 |
8 | 45 |
Moreover, the accounting department reports that the wage rate is $10, the unit cost of raw material is $1, the firm needs one (1) unit of raw material for each chair and the total fixed cost is $5.
- Find how many chairs the firm must produce and sell if the selling price of a chair is $3, or $5, or $8.
- Then draw a graph of a selling price and the corresponding quantities at each price to indicate the firm's supply line.
In: Economics
7.EXERCISE 15.2 POSITIVE AND NEGATIVE SHOCKS
Draw a labour market diagram where the economy is at labor market equilibrium with stable prices. Now consider:
• A positive shock to aggregate demand that reduces the unemployment rate by 2 percentage points.
• A negative shock that increases it by 2 percentage points.
1.What happens to the bargaining gap in each case?
2.What would you expect to happen to the price level in each case? Explain your answers.
In: Economics
Suppose a firm experiences an increase in technology. All else equal, will this allow the firm to produce the same level of output at a lower cost? Explain.
In: Economics
The company Macy's has struggled due to global trade pressure, large debt, and online competition. How does each of these factors affect the business?
In: Economics