Questions
Fisher Era: Fisher arrives from Motorola in 1993 and stays until 1997. How would you assess...

Fisher Era: Fisher arrives from Motorola in 1993 and stays until 1997. How would you assess Fisher’s attempt to transform Kodak? What did he do? Why did it fail?

In: Economics

Pre-Fisher Era: Kodak’s investment in digital imaging R&D produced an array of products including the best...

Pre-Fisher Era: Kodak’s investment in digital imaging R&D produced an array of products including the best digital sensor technology in the world. Yet the company decided to market only the Photo CD. Was this the right decision?  

In: Economics

Policy Perspective Suppose the monthly market demand schedule for Frisbees is Price $8 $7 $6 $5...

Policy Perspective Suppose the monthly market demand schedule for Frisbees is

Price $8 $7 $6 $5 $4 $3 $2 $1

Quantity demand 1,000 2,000 4,000 8,000 16,000 32,000 64,000 150,000

Suppose further that marginal and average costs of Frisbee production for every competitive firm are

Rate of output 100 200 300 400 500 600

Marginal cost $2.00 3.00 4.00 5.00 6.00 7.00

Average Cost $2.00 2.00 3.00 3.50 4.00 4.50

Finally, assume the equilibrium market price is $6 per frisbee

a. Draw the cost curve of the typical firm

b. Draw the market demand curve and identify market equilibrium

c. How many frisbees are being sold in equilibrium

d. How many identical firms are initially producing frisbees

e. How much profit is the typical firm making

f. In view of the profits being made, more firms will want to get into frisbee production. In the long run, these new firms will shift the market supply curve to the right and push the price down to the minimum average total cost, thereby eliminating profits. At what equilibrium price are all profits eliminated?

g. How many firms will be producing Frisbees at this price?

  

In: Economics

Can you please analyze this article and express your opinion Stop Saying This Is a Nation...

Can you please analyze this article and express your opinion

Stop Saying This Is a Nation of Immigrants!

by Roxanne Dunbar-Ortiz

A nation of immigrants: This is a convenient myth developed as a response to the 1960s movements against colonialism, neocolonialism, and white supremacy. The ruling class and its brain trust offered multiculturalism, diversity, and affirmative action in response to demands for decolonization, justice, reparations, social equality, an end of imperialism, and the rewriting of history — not to be “inclusive” — but to be accurate. What emerged to replace the liberal melting pot idea and the nationalist triumphal interpretation of the “greatest country on earth and in history,” was the “nation of immigrants” story.

By the 1980s, the “waves of immigrants” story even included the indigenous peoples who were so brutally displaced and murdered by settlers and armies, accepting the flawed “Bering Straits” theory of indigenous immigration some 12,000 years ago. Even at that time, the date was known to be wrong, there was evidence of indigenous presence in the Americas as far back as 50,000 years ago, and probably much longer, and entrance by any means across the Pacific and the Atlantic — perhaps, as Vine Deloria Jr. put it, footsteps by indigenous Americans to other continents will one day be acknowledged. But, the new official history texts claimed, the indigenous peoples were the “first immigrants.” They were followed, it was said, by immigrants from England and Africans, then by Irish, and then by Chinese, Eastern and Southern Europeans, Russians, Japanese, and Mexicans. There were some objections from African Americans to referring to enslaved Africans hauled across the ocean in chains as “immigrants,” but that has not deterred the “nation of immigrants” chorus.

Misrepresenting the process of European colonization of North America, making everyone an immigrant, serves to preserve the “official story” of a mostly benign and the benevolent USA, and to mask the fact that the pre-US independence settlers, were, well, settlers, colonial setters, just as they were in Africa and India, or the Spanish in Central and South America. The United States was founded as a settler state, and an imperialistic one from its inception (“manifest destiny,” of course). The settlers were English, Welsh, Scots, Scots-Irish, and German, not including the huge number of Africans who were not settlers. Another group of Europeans who arrived in the colonies also were not settlers or immigrants: the poor, indentured, convicted, criminalized, kidnapped from the working class (vagabonds and unemployed artificers), as Peter Linebaugh puts it, many of who opted to join indigenous communities.

Only beginning in the 1840s, with the influx of millions of Irish Catholics pushed out of Ireland by British policies, did what might be called “immigration” begin. The Irish were discriminated against cheap labor, not settlers. They were followed by the influx of other workers from Scandinavia, Eastern, and Southern Europe, always more Irish, plus Chinese and Japanese, although Asian immigration was soon barred.   Immigration laws were not even enacted until 1875 when the US Supreme Court declared the regulation of immigration a federal responsibility. The Immigration Service was established in 1891.

Buried beneath the tons of propaganda — from the landing of the English “pilgrims” (fanatic Protestant Christian evangelicals) to James Fennimore Cooper’s phenomenally popular “Last of the Mohicans” claiming “natural rights” to not only the indigenous peoples territories but also to the territories claimed by other European powers — is the fact that the founding of the United States was a division of the Anglo empire, with the US becoming a parallel empire to Great Britain. From day one, as was specified in the Northwest Ordinance that preceded the US Constitution, the new republic for empire (as Jefferson called the US) envisioned the future shape of what is now the lower 48 states of the US. They drew up rough maps, specifying the first territory to conquer as the “Northwest Territory,” ergo the title of the ordinance. That territory was the Ohio Valley and the Great Lakes region, which was filled with indigenous farming communities.

Once the conquest of the “Northwest Territory” was accomplished through a combination of genocidal military campaigns and bringing in European settlers from the east, and the indigenous peoples moved south and north for protection into other indigenous territories, the republic for empire annexed Spanish Florida where runaway enslaved Africans and remnants of the indigenous communities that had escaped the Ohio carnage fought back during three major wars (Seminole wars) over two decades. In 1828, President Andrew Jackson (who had been a general leading the Seminole wars) pushed through the Indian Removal Act to force all the agricultural indigenous nations of the Southeast, from Georgia to the Mississippi River, to transfer to Oklahoma territory that had been gained through the “Louisiana Purchase” from France. Anglo settlers with enslaved Africans seized the indigenous agricultural lands for plantation agriculture in the Southern region. Many moved on into the Mexican province of Texas — then came the US military invasion of Mexico in 1846, seizing Mexico City and forcing Mexico to give up its northern half through the 1848 Treaty of Guadalupe Hidalgo. California, Arizona, New Mexico, Colorado, Utah, Texas were then opened to “legal” Anglo settlement, also legalizing those who had already settled illegally, and in Texas by force. The indigenous and the poor Mexican communities in the seized territory, such as the Apache, Navajo, and Comanche, resisted colonization, as they had resisted the Spanish empire, often by force of arms, for the next 40 years. The small class of Hispanic elites welcomed and collaborated with US occupation.

Are “immigrants” the appropriate designation for the indigenous peoples of North America? No.

Are “immigrants” the appropriate designation for enslaved Africans? No.

Are “immigrants” the appropriate designation for the original European settlers? No.

Are “immigrants” the appropriate designation for Mexicans who migrate for work to the United States? No.

They are migrant workers crossing a border created by US military force. Many crossing that borders now are also from Central America, from the small countries that were ravaged by US military intervention in the 1980s and who also have the right to make demands on the United States.

So, let’s stop saying “this is a nation of immigrants.”

In: Economics

Using general equilibrium analysis, and taking into account feedback effects, analyze the following The likely effects...

  1. Using general equilibrium analysis, and taking into account feedback effects, analyze the following
  • The likely effects of increase in insurance price on the market for cheap cars which is the car for low-income people.
  • The effects of increased taxes on petrol on using air tickets for travelling to holiday destinations.

In: Economics

Prove that that contract curve will be a straight line if the utility function for both...

  1. Prove that that contract curve will be a straight line if the utility function for both consumers is U=3x2iyi

In: Economics

Define the velocity of money. What does it mean if the percent change in velocity is...

  1. Define the velocity of money.
  2. What does it mean if the percent change in velocity is negative?
  3. Give a real-life example of how this could be possible?
  4. What central banking nightmare can occur if we see the percent change in velocity of money turn negative and the Fed does not react?

In: Economics

how can immigration reform improve on holding employers accountable for breaking laws

how can immigration reform improve on holding employers accountable for breaking laws

In: Economics

Should the abortion issue decision be solely reserved to the national government or should the abortion...

Should the abortion issue decision be solely reserved to the national government or should the abortion issue decision be reserved to the states as per the 10th amendment?

What are the constitutional issues related to this topic?

In: Economics

How does a lack of social responsibility and ignoring ethical behavior hurt a business? Please explain...

How does a lack of social responsibility and ignoring ethical behavior hurt a business?

Please explain in detail.

In: Economics

As we know, optimal tax theory uses the tools of welfare economics to provide another view...

As we know, optimal tax theory uses the tools of welfare economics to provide another view of the efficiency and equity considerations of tax design. Yet, in general how do we know that taxes: have horizontal and vertical equity, neutral concerning economic incentive, should be administratively easy, and should have low compliance costs. Please explain. please show reference

In: Economics

Directions: Watch and read the following materials before you write your response: The Costs of Inequality...

Directions:

Watch and read the following materials before you write your response:

  • The Costs of Inequality - Joseph Stiglitz

I pick this:

  • Liberalism: is a view that income should be redistributed in such as way so that the poorest in society always receive an adequate level of income as a form of social insurance. In other words, government policies should aim to raise the welfare of the worst person in society.

Write a Respond to the following prompts in a post with a minimum of 250 words,

  • Imagine you are a policymaker, pick one of the three political philosophies (mentioned above) that you agree with? Give your reasons. What are the arguments against the philosophy you have chosen?
  • Give examples of antipoverty government policies which align with your chosen philosophy.
  • How important is it to study poverty and income inequality in economics? Explain you answer.

In: Economics

Is it the responsibility of coffee consumers to ensure that the small producers receive a fair...

Is it the responsibility of coffee consumers to ensure that the small producers receive a fair price for their product? Why or why not? Keybord answer please

In: Economics

Suppose you manage a local grocery store, and you learn that a very popular national grocery...

Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why do profits change? How can that be seen on the graph?

What could you do to defend your market share against the new store?

In: Economics

What is ETHICS AND SOCIAL RESPONSIBILITIES in your opinion !!

What is ETHICS AND SOCIAL RESPONSIBILITIES in your opinion !!

In: Economics