Questions
Describe in detail the similarities and the differences between IS-LM and AD-AS model. Write in your...

Describe in detail the similarities and the differences between IS-LM and AD-AS model. Write in your own words. There is no page limit.

In: Economics

how to answer E-commerce has affected customer service, elaborate how? In the context of this chapter....

how to answer E-commerce has affected customer service, elaborate how? In the context of this chapter. in 300 words Customer Service, 6th Edition ISBN: 9780133112061 By: Paul R. Timm

In: Economics

Who Pays Higher Gasoline Taxes? Gasoline taxes are paid by sellers from the revenues they earn...

Who Pays Higher Gasoline Taxes?

Gasoline taxes are paid by sellers from the revenues they earn from their total sales. Thus to receive the same effective price for selling a given quantity of gasoline, a gasoline producer must charge an actual price that is higher by exactly the amount of the tax. Sellers supply a given quantity of gasoline, but at a price that is higher by the amount of the tax that they have to pay to the government.

Who truly pays the tax depends on the price elasticity of demand. The more inelastic is demand, the greater is the portion of the tax paid by consumers. Thus if the demand for gasoline was perfectly inelastic, the entire burden of the tax would fall on buyers. If demand was perfectly elastic, the entire burden would fall on sellers. Estimates of the price elasticity of demand for gasoline indicate values between 0.2 and 0.5. Based on the information in this example, if excise taxes increased by 10 percent, by what percentages may desired gasoline purchases decrease?

In: Economics

Explain the generalized business merger period in the United States. What happened to the structure of...

Explain the generalized business merger period in the United States. What happened to the structure of the American industry during the first merger period?

In: Economics

Explain the differences among the frictional, structural and cyclical forms of unemployment. Word Limit: Maximum 250...

Explain the differences among the frictional, structural and cyclical forms of unemployment.

Word Limit: Maximum 250 words

In: Economics

The utility possibility frontier for two individuals is given by UA + 2UB = 200. (2...

The utility possibility frontier for two individuals is given by UA + 2UB = 200.

  1. On the graph paper provided, plot the utility possibility frontier.
  1. Based on the function W (UA, UB) =max{UA, UB} on the utility possibility frontier in part (a), in order to maximize a Nietzschean social welfare function, what should be the values of UA and UB?
  1. If we use a Rawlsian criterion, W (UA, UB) =min{UA, UB}, in order to maximize the social welfare function, what should be the values of UA and UB?
    1. If the social welfare is given by W (UA, UB) = UA1/2, UA1/2, in this case, with the utility possibility frontier in part (a) what should be the values of UA and UB if social welfare is to be maximized?
    1. On the same graph plotted in part (a), show the three social maxima by drawing a Nietzschean isowelfare line through the Nietzschean maximum, a Rawlsian isowelfare line through the Rawlsian maximum and a Cobb-Douglas isowelfare line through the Cobb-Douglas maximum.

In: Economics

Suppose now that market demand for skiing increases to Qᴅ = 9000 − 60p because of...

Suppose now that market demand for skiing increases to Qᴅ = 9000 − 60p because of environmental regulations neither Pepall Ridge nor Snow Richards can increase their capacities and serve more skiers beyond their current level of 1,800.
What is the Nash equilibrium price outcome for this case? The constant marginal cost is 10.

In: Economics

The shift to the information economy has changed the role of the manager in today’s organization.  ...

The shift to the information economy has changed the role of the manager in today’s organization.   Research has demonstrated that a majority of workers in this new knowledge economy are knowledge workers or workers whose work output is the result of thinking versus a physical process. Discuss what skills today’s managers need in the knowledge economy that weren’t required a decade ago?

In: Economics

a) Derive the short-term cost function from the production function. b) What is the relationship between...

a) Derive the short-term cost function from the production function.
b) What is the relationship between cost and supply function?
c) Show that when profit is maximized, a company chooses the production quantity, where marginal revenue and marginal cost are the same.
d) Show the market result in the case of a monopoly with deadweight loss that goes with it.

In: Economics

what is human security ? and R2P ,and Humanitarian intervention in 21st century ? Need to...

what is human security ?

and R2P ,and Humanitarian intervention in 21st century ?

Need to write a report of 1000 words ASAP

In: Economics

The achievements of full employment is a sufficient condition for the achievement of economic growth. Evaluate....

The achievements of full employment is a sufficient condition for the achievement of economic growth. Evaluate.

Word Limit: Maximum 250 words.

In: Economics

What was the fundamental moral mistake made by Ford? Is it related to utilitarianism? Considering that...

What was the fundamental moral mistake made by Ford? Is it related to utilitarianism? Considering that this story wound being very expensive for Ford (due to not just bad publicity but also the fact that it has paid out millions to settle damage suits out of court), might Ford have done a different long-term cost-benefit analysis? Insurers place dollar values on human lives all the time—otherwise they would go out of business. When is it permissible to assign a cash value to a human life and when not? What differentiates between cases?

In: Economics

We want to be local and global, small and big, radically decentralized with central reporting and...

We want to be local and global, small and big, radically decentralized with central reporting and control. If we can solve those contradictions, we can create real organizational advantage'. - The former CEO of ABB

Questions:
1- Based on the international corporate strategy, how can a company be local or global?
2- Does the corporate strategy (local or global) depend on the sector, customers or industry?
3- How can companies solve the contradictions of being local and global?

In: Economics

introduction to business Why do some businesses intentionally have higher prices for the same product than...

introduction to business

Why do some businesses intentionally have higher prices for the same product than other businesses?

In: Economics

Ericsson as a CRM System. Explain the following. • What is their Social media integration? •...

Ericsson as a CRM System. Explain the following.

• What is their Social media integration?

• What Modules do they use?

• Is there any Integration with existing / Legacy applications

• What is unique with their price and Why buy it?

• Who are their Clients?

In: Economics