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.

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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?

A pharmaceutical firm faces the following monthly demands in the U.S. and Mexican markets for its only patented drug:

Q(U.S.) = 300,000 - 5,000 P(U.S.)

Q(Mex) = 240,000 - 8,000 P(fMex)

where quantities Q represent the number of prescriptions per month and the prices P are denominated in U.S. dollars (i.e., the Mexican demand has already been adjusted for the dollar/peso exchange rate). The marginal cost of the drug is constant at $2 per prescription in both markets. The firms monthly overhead costs for this drug are $1 million in the U.S. and $500,000 in Mexico.

a) Suppose that arbitrage between the markets is impossible, so the firm is able to charge different prices in each market. If the firm practices third degree (i.e., verifiable characteristics) price discrimination, what price will it charge in the U.S.? What price will it charge in Mexico? How much will it produce and sell in the U.S.? How much will it produce and sell in Mexico? What are the firm's total profits from the sale of the drug in this case?

b) Now suppose the firm cannot prevent arbitrage between the countries, so it is forced to charge the same price in the U.S. and Mexico. What price will it charge for the drug? How much will it produce and sell overall? What are the firm's total profits from the sale of the drug in this case?

c) Now suppose Congress is considering a law that would make arbitrage legal between the U.S. and Mexico (i.e., the law would allow for the importation and sale of drugs from Mexico to the U.S.). How much would the pharmaceutical firm spend per month on lobbying efforts to defeat this law, given your answers to parts (a) and (b).

Explain how the following events may affect the profit rate for a U.S. firm and industry (be sure to define your measure(s) of the profit rate) :Consider both the immediate impact and the possible long run implications: (1) across firms within an industry; (2) across industries and (3) across nations

please long and mindful answers that covers all three categories.