How is sustainable development directly related to the way environment is treated, and also explain why is poverty of developing countries often related to the unwise use of the environment?
In: Economics
In: Economics
Countries that are willing to tolerate an unusually high quantity of labor relative to their supplies of other factors would tend to export “labor -intensive” goods. Discuss using the Hechscher-Ohlin (H.O.) model.
In: Economics
Assume:
a. Market demand: P = 100 -.5Q1 - .5 Q2
b. TC1 = 4Q1 and TC2 = .25Q22
Make sure you show me all of your computations (TR, TC, and your partial derivatives).
You will be using the same data for the Cournot and Cartel problem. Find the quantities for both firms in both market types that maxes profit. As a stretch question how much profit does each Cournot firm make and what is the joint profit for the cartel.
In: Economics
Globalization is a revolution that rivals the Industrial Revolution in scope and significance but has taken place over a few decades rather than over a century which effect to complex result to the extent of defeating the already achieved developments. Discus the advantages and disadvantages of globalization and also illustrate the countries that affects most and why?
In: Economics
What mix of ownership, location, and internalization advantages would encourage a company to hire Borderfree?
In: Economics
The demand curve for karate training in a community with only two martial arts schools is P = 100 – Q, where Q is in student-lessons. The cost of providing an additional student-lesson is $8/lesson. Complete the table below for the four cases described in a-d. There are no fixed costs.
a) Both schools get together and collude to price fix at a profit maximizing level.
b) Both schools assume that the other will hold the present tuition constant despite what the competition does.
c) Both schools assume that the other will hold the present enrollment constant despite what the competition does.
d) School 1 believes school 2 will adjust to its new profit maximizing solution each time school 1 adjusts its enrollment strategy. (Show calculations below.)
Q of School 1 | Q of School 2 | Price ($/lesson) | Profit of School 1 | Profit of School 2 | |
A | |||||
B | |||||
C | |||||
D |
In: Economics
To what extent has game theory improved our
understanding of how the market
structure is formed and how it evolves? Discuss and explain. How
can we
characterize market structure in a meaningful way? Be sure to also
discuss the
conceptual issues, especially those pertaining to oligopoly, price
coordination, and
collusion.
In: Economics
Find a typical work fro both the Impressionist and Post-Impressionist movements. One each. Explain what these movements are and compare and contrast the two works. Please use your own words concerning the elements and principles of design and art. What makes them different?
In: Economics
2."Even though the Great Recession officially ended, the unemployment rate is still considered high." Discuss.
In: Economics
You have an Excel file attached to this link. You are to first transpose the data so that, instead of being in the horizontal format, it will be converted to the vertical form. Then to run a Multiple Regression and see which of the independent variables are significant and whether the overall model is significant. You also should be able to comment on the goodness of the fit. All of these require that you have thoroughly watched the video lectures on Multiple Regression first.
y | 1786 | 2146 | 2358 | 2218 | 2038 | 2456 | 1624 | 2386 | 1966 | 2562 | 2312 | 2064 | 1712 | 1956 | 2034 | 2182 | 2096 |
x1 | 27 | 32.8 | 36.6 | 34.8 | 31.4 | 37.6 | 26.1 | 36.2 | 41 | 37 | 36.2 | 32.3 | 44.1 | 28.4 | 28.8 | 40.6 | 40.3 |
x2 | 7 | 7.7 | 7.4 | 13.2 | 16 | 10 | 4.5 | 11.6 | 7.1 | 9.7 | 12.7 | 14.8 | 6.9 | 11.4 | 6.4 | 7.4 | 6.4 |
x3 | 284 | 509.04 | 692.96 | 602.24 | 448.56 | 746.16 | 255.11 | 672.24 | 942 | 714 | 672.24 | 486.99 | 1140.71 | 332.16 | 346.64 | 917.76 | 899.79 |
In: Economics
Explain CLEARLY a minimum of 2 theories that the Thomas Robert Malthus developed that had significance to the field of economics.
In: Economics
What were Maynard Keynes' economic perspectives? Do you agree/disagree?
In: Economics
Talk about some interesting facts about Thomas Robert Malthus.
In: Economics
Year |
Nominal GDP |
GDP Deflator (Base year = 2010) |
2012 |
646 |
104 |
2013 |
662 |
107 |
Calculate Real GDP in 2012
2) Given the data below calculate Nominal GDP, Real GDP, and the GDP Deflator using 2010 as the base year.
Year |
Price of Ford Mustang |
Quantity of Mustangs Sold |
Price of Mountain Bike |
Quantity of Mountain Bikes sold |
2010 |
$31,000 |
6000 |
$325 |
200 |
2011 |
$33,000 |
6300 |
$350 |
225 |
2012 |
$30,000 |
5500 |
$365 |
250 |
2010 2011 2012
Nominal GDP Calculation _______ _______ _______
Real GDP Calculation _______ _______ _______
GDP Deflator Calculation
In: Economics