Both markets and governments are inefficient. Explain why economists are concerned with the inefficiency and offer a compelling economic argument as to how to minimize inefficiency
In: Economics
Describe local and global conditions that give rise to acts of terrorism. What conditions give rise to terrorism? How do transnational crimes and funding overlap and flow?
In: Economics
how does the UN aid in international peacekeeping
In: Economics
Should the corporation have legal and ethical obligations to society beyond promoting the private interests—maximizing profits—of shareholders? Compare Friedman’s critique of the doctrine of social responsibility with Glasbeek’s. Use Garrett and Steinbeck to illustrate these arguments.
In: Economics
define the social and detailed division of labor in reference to Braverman. provide examples as well for each of them
thank you
In: Economics
Stating that inflation is purely a monetary phenomenon can generate controversy. Inflation arises when the money supply is increased relative to the demand for money.
Could the real interest rate be negative in practice? How about the nominal interest rate?
In: Economics
Research of the intra-industry trade contents the trade volume, value, industries, trends, comparison with inter-industry trade of exact two countries and some other related issues about Myanmar and China
In: Economics
Do you think No Child Left Behind was an effective test-based accountability program? Why or why not?
Do you think the United States should pursue more test-based accountability programs? Why or why not?
In: Economics
Explain the most recent monetary policy move by the Fed. Is this expansionary or contractionary policy? Why did the Fed choose to pursue this policy? What impacts of this policy do you observe? For best results, look up recent FOMC announcements.
This must be a real-life response regarding the United States.
In: Economics
With an aid of a fully labeled diagram, explain the difference between the long-run profits of a perfectly competitive firm and a monopolistic firm
In: Economics
In: Economics
a) Explain how supply management is implemented in Canada.
b) Using basic supply and demand, explain how this policy affects producers and
consumers.
c) How does supply management differ from the use of a subsidy provided to
producers?
In: Economics
Q2. (a) WHAT IS BREAK - EVEN POINT? (b) EXPLAIN THE IMPORTANT MANAGERIAL USES OF BREAK-EVEN ANALYSIS.
In: Economics
The market for wheat is supplied by a large number of small price taking firms.
a) Suppose there is only one large buyer (a Monopsony). How will the price, quantity,
PS, and CS differ from the case of a perfectly competitive market?
b) Suppose that the majority of wheat is used by firms that produce bread. How will the
wheat market be affected if the local bread market is supplied by a Monopoly.
c) How would the market for wheat be affected if the government placed a price ceiling
in the market for bread.
In: Economics
One source of growth is external growth from a merger or acquisition. Often mergers or acquisitions are justified on the basis of the expected benefits from "synergies" created by the merger or acquisition. Economists know these as economies of scale and economies of scope.
The focus of this discussion will be on defining economies of scale and economies of scope, as well as the key differences between the two within the context of a hypothetical scenario of your choice.
Instructions
Select one of the mergers and acquisitions below:
For your chosen scenario, address the following in your discussion post:
In: Economics