Objective:

In this assignment, you will apply your knowledge and understanding of public goods to the topic of education.

Instruction:

Respond to the following prompts in a post with a minimum of 250 words, then comment on at least TWO other posts. Feel free to bring in additional references to these reply posts. [Please note that you can access the grading rubric by clicking on the top right corner of this post and select 'Show Rubric'.]

• Is education a public good? Does education have external benefits? If so, what are some of those public benefits? In your opinion are the external benefits large or small? Why? What should government do to promote the efficient provision of products that have external benefits? If you think that government should put more resources into education, what might be some of the opportunity costs of that decision? How would an economist determine the right amount of government support for education?

With the theory of consumer behavior, graphically illustrate and carefully explain why a cash gift generally is preferred to an in-kind gift of equal value. Can an in-kind gift be as good as a cash gift of equal value? Explain and graphically illustrate.

Discuss the benefits of long-term economic growth. What are the factors that contribute to economic growth? Provide your perspective as to what our society can do to enhance economic growth.

Please indicate where is the best source to find answers to this question.

Best regards,

What is the essence of the theory of consumer behavior to a business manager? Explain With two examples

QUESTION 7 Consider a 15 percent increase in the price of a box of 50 of mailing envelopes and a 15 percent increase in the price of designer leather goods. In response to the price changes, which of the following is most likely to be true?

The percentage change in the quantity demanded for designer leather goods will be larger than the percentage change in the quantity demanded for a box of 50 of mailing envelopes.

The percentage change in the quantity demanded of designer leather goods will be approximately equal to the percentage change in the quantity demanded of a box of 50 mailing envelopes.

The percentage change in the quantity demanded for a box of 50 of mailing envelopes will be larger than the percentage change in the quantity demanded for designer leather goods.

The total revenue from designer leather goods will not change.

What is the source of profit in capitalism? What are the primary ways to increase surplus value in the capitalist system?

I'm trying to find info on Samsung, and have already been on there website for sustainability reports and such, but am not finding into to finish this question;

Fill in the following table using SMART Goals as they related to the balanced score card for Samsung’s IM Division (use their 2019 Business Plan and Sustainability Plan to determine their SMART goals)

Discuss how the equilibrium price and quantity change when a change in demand occurs and the supply stays constant, and when a change in supply occurs and the demand stays constant.

Explain how Social Media has affected the economy, in your opinion.

Draw a picture that shows a government policy that is inefficient. Feel free to explain why what is happening and why it is inefficient. Upload the file that you have drawn as a pdf, jpeg, or doc

Inflation is frequently described as “too much money chasing too few goods.” Explain the cause of inflation using the quantity theory of money.

Our fourth MobLab Experiment allows us to experience how a well functioning market operates in the "real world" (well, kinda real) with the added wrinkle of government intervention (taxes!)

I would like you to reflect on your MobLab experience back to the concepts covered in Chapter 8 "Application: The Costs of Taxation".

The purpose of this reflection is to demonstrate your ability to link the concepts of supply and demand to a "real world" application in light of government intervention.

Is orthodox neoclassical economics founded in methodological individualism? Does this incline to any particular politics?