Explain the difference between price-taking and price-setting firms. Give an example of your experience with each. What are characteristics of the four market structures. How a business, thinks of the margin or uses marginal analysis to operate daily, provide gexamples of what it means to optimize and how optimization problems are prevalent in people's life).
What tools or resources I can used to develop confidence and comfort-ability with estimation, simple linear regression, and/or multiple regression?
In: Economics
The following is a list of national income figures for a given year. All figures are in billions. The ensuing question will ask you to determine the major national income measures by both the expenditures and income approaches. The answers derived by each approach should be the same.
Consumption expenditure on durable goods……………………………………………………………..50
Transfer payments………………………………………………………………………………………..12
Rents……………………………………………………………………………………………………..14
Capital consumption allowance (depreciation)…………………………………………………………..27
Social security contribution………………………………………………………………………………20
Interest……………………………………………………………………………………………………21
Proprietors’ income……………………………………………………………………………………….45
Dividends…………………………………………………………………………………………………16
Compensation of employees…………………………………………………………………………….248
Indirect business taxes (taxes on production and imports).………………………………………………18
Undistributed corporate profits…………………………………………………………………………...22
Personal taxes…………………………………………………………………………………………….26
Corporate income taxes…………………………………………………………………………………..19
Consumption expenditure on non-durable goods………………………………………………………..95
Gross private domestic investment………………………………………………………………………62
Exports.……………………………………………………………………………………………………7
Imports….…………………………………………………………………………………………………9
Personal savings………………………………………………………………………………………….16
Corporate profits…………………………………………………………………………………………57
Consumption expenditure on services…………………………………………………………………..143
Federal government purchase of goods and services…………………………………………………….35
State and local government purchases of goods and services…………………………………………....47
***SHOW ALL OF YOUR WORK/CALCULATIONS!
In: Economics
How will increasing the horizontal scope of Walmart through acquisitions strengthen its competitive position and profitability?
In: Economics
Is context anything to do with Management Style?
When a Japanese manager and an American manager meet first time for official work, what type of challenges they could face, and why .
In: Economics
Everybody gains from free trade
Articulate an argument for and against five of the following statements. Answers must be typed with 1.5 spacing.
please make as per Canadian Standards. 10 marks.
In: Economics
Increases in GDP reflect increases in the well-being of a country. Articulate an argument for and against five of the following statements. Answers must be typed with 1.5 spacing. make as per Canadian education. 10 marks.
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Illustrate and explain what will be effect of an expansionary monetary policy on output and price in short run and long run, under fixed vs floating ecchange rate regime and perfect capital mobility? Use IS-LM and AD-SRAS-LRAS diagrams to answer this question.
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1. What are the three categories into which the Bureau of Labor Statistics divides everyone? How does the BLS compute the labor force, the unemployment rate, and the labor-force participation rate?
2. Why is frictional unemployment inevitable? How might the government reduce the amount of frictional unemployment?
3. Are minimum-wage laws a better explanation for structural unemployment among teenagers or among college graduates? Why?
4. How do unions affect the natural rate of unemployment?
5. What claims do advocates of unions make to argue that unions are good for the economy?
6. Explain four ways in which a firm might increase its profits by raising the wages it pays.
In: Economics
In: Economics
Write your response in the text box. If graph is required, attach image or scan of your graph using the "v" like icon in the text response box, or use the embed image icon to attach your photo/scan of your graph. Answer each prompt in one paragraph/bullet format (where asked to "list")
QUESTION: Prescription drug prices in the United States are often substantially higher than in Canada, the United Kingdom and in India. Today, pharmacies in these countries fill millions of low-cost prescriptions through the mail to U.S. citizens. Given that the pharmaceutical industry cannot prevent the resale of these drugs,
A) are the industry’s effort to price-discriminate useless? Explain your answer
B) GRAPH the condition(s) of price-discrimination in this market structure. Remember to label curves and attach your graph to this response box or use the prompts below to attach your graph - submit graph
In: Economics
Consider an economy that has a small number of large supermarkets and high barriers to entry to the supermarket industry. What type of market structure best describes this situation? Explain why.
What type of market structure would occur if the supermarkets combined into just one very large supermarket? What affect do you think this would have on prices and supermarket profits?
The following table reports key macroeconomic data for a particular economy.
Macroeconomic Data: 2019 |
|
Item |
Amount (millions of US dollars) |
Household Consumption |
896.2 |
Investment |
416.7 |
Government Consumption |
273.6 |
Government Investment |
13.6 |
Exports |
301.2 |
Imports |
265.9 |
Using the data in the table, calculate the value of GDP for 2019. (3 marks)
If the population of this country is 30 million, what is GDP per capita for this economy?
Explain what this measures.
In: Economics
In: Economics
In: Economics
please discuss the role of technology in efficient utilization of these exhaustible resources which you might have come across in your own work experience. You could also discuss instances of firms taking steps to adopt renewable natural resources to cut down their reliance on exhaustible resources.
In: Economics
In: Economics