Questions
what is elasticity of dwmand and what do you understand by that .explain on your own...

what is elasticity of dwmand and what do you understand by that .explain on your own words

In: Economics

What do you think are the contributions of small/medium businesses in the Canadian economy? Is there...

What do you think are the contributions of small/medium businesses in the Canadian economy? Is there any other profession or field where similar benefits/contributions that might be offered?

In: Economics

The Covid-19 pandemic has disrupted labour markets in ways not seen since the Great Depression. Businesses...

  1. The Covid-19 pandemic has disrupted labour markets in ways not seen since the Great Depression. Businesses have had to come up with measures to mitigate against the adverse effects of the pandemic. These include rearranging work arrangements (work-from-home), forced leave, rotational work schedules, etc. Naturally, one would argue that level of unemployment has increased, at least in the short-term. You are the senior labour economist at the Ministry of Labour in Zambia. Write a one-page policy brief outlining a set of practical policy prescriptions to arrest the rising unemployment levels.

[Hint: Use a standard policy brief template]

In: Economics

A monopoly sells good Q in two markets. The demands in these two markets are depicted...

A monopoly sells good Q in two markets. The demands in these two markets are depicted by the equations, ? = 10 − ? and ? = 18 − 3? . The goods for both markets are supplied from ##$$ the same factory with the marginal cost, $2.

a. (5 points) What is the profit-maximizing price-quantity combination in each market? What is the total profit? Assume a consumer in one market does not have access to the other market, i.e., (s)he can buy the good only in the market (s)he is in.

b. (8 points) Suppose now that the monopoly cannot price discriminate. What is the profit- maximizing price-quantity combination? What is the total profit? Show your answer on a diagram with proper labels. How many units of the good does the monopoly sell in each market?

c. (7 points) Suppose now, for the combined markets in part (b), the monopoly can perfectly price discriminate. What is the profit-maximizing price-quantity combination? What is the total profit?

In: Economics

Describe the key monetary and fiscal tools used by the government and RBA to control the...

Describe the key monetary and fiscal tools used by the government and RBA to control the demand of residential and commercial property. Illustrate with relevant examples and comment on the effectiveness of these tools.

In: Economics

What are some different methods through which terrorists can utilize technology to perpetrate a mass attack?...

What are some different methods through which terrorists can utilize technology to perpetrate a mass attack? Is there a way to prevent this issue, or is technology ever evolving to the point that

In: Economics

What is the “present value” of future returns and how does it relate to the “discount...

What is the “present value” of future returns and how does it relate to the “discount rate”?

How does the discount rate and present value calculation help to explain why young people are more likely to go to college than are older people?

In: Economics

Nowadays, Marketing became a dynamic and strategic domain that all organizations, from different sectors, apply to...

Nowadays, Marketing became a dynamic and strategic domain that all organizations, from different sectors, apply to their businesses. One of the characteristics of modern Marketing is the changing nature of customers and the shifts of their behaviour.

How the previous statement affects the Marketing activities considering the concept “Exchange”.

In: Economics

The concept of economic “goods” is used to explain how different societal needs are met. Explain...

The concept of economic “goods” is used to explain how different societal needs are met. Explain the concept and give examples that relate to infrastructure.

In: Economics

Find a current event article about some topic from chapter 14. This current event must be...

Find a current event article about some topic from chapter 14. This current event must be no older than 2 months. Here's what to do:

1) find your article

2) under the discussion for chapter 14 post a short summary of your article and explain how it fits in chapter 14 (Chapter 14 is all about global marketing. This chapter goes over some of the strategies used to market your company on a global scale).

Be sure to include your link or article Title so students can go read the article.

In: Economics

Why is it important that national statistics authorities regularly monitor and change the basket of goods...

Why is it important that national statistics authorities regularly monitor and change the basket of goods used to measure the CPI?

In: Economics

Draw a price setting and demand curve for a situation where the buyer sets the price....

  1. Draw a price setting and demand curve for a situation where the buyer sets the price. Explain what it shows.

  1. Draw a price ceiling and explain what it does. Be sure to include its effects on price and quantity.

  1. List at least 5 reasons why an industry or company would want to vertically integrate.

In: Economics

As an international observer, how convincing do you  think is China's peaceful rise? 500 words please

As an international observer, how convincing do you  think is China's peaceful rise?

500 words please

In: Economics

Suppose that the market demand for expensive steak dinners is given​ by: Q = 1,000−10P​, so...

Suppose that the market demand for expensive steak dinners is given​ by:

Q = 1,000−10P​,

so that the marginal revenue​ is:

MR = 100−0.2Q​,

where Q is the number of steak dinners per day and P is the price of a dinner. The marginal cost and average total cost are both constant and equal to ​$40 per dinner.

Suppose that there is only one firm in the market.

Suppose that a second firm that produces identical steaks and has identical costs enters the market and acts according to the Cournot oligopoly model.

The equilibrium price is?

The total equilibrium quantity is how many dinners?

Each​ firm's economic profit is?

In: Economics

How would the stock exchange co-operate with other associations/stockbrokers/ market makers and Stock Exchanges in other...

How would the stock exchange co-operate with other associations/stockbrokers/ market makers and Stock Exchanges in other countries, such that information is available to facilities for which it might likely be useful, to them or their clients

How would the exchange serve as a barometer of economic activity?

In: Economics