Questions
What are the benefits of Business Intelligence by Amazon and, the challenges they faced in implementing...

What are the benefits of Business Intelligence by Amazon and, the challenges they faced in implementing and using BI?

In: Economics

Two firms compete in a market to sell a homogeneous product with inverse demand function P...

Two firms compete in a market to sell a homogeneous product with inverse demand function P = 400 – 2Q. Each firm produces at a constant marginal cost of $50 and has no fixed costs -- both firms have a cost function C(Q) = 50Q.

If the market is defined as a Bertrand Oligopoly, what is the market price?

Refer to the information above.

What is the total amount of Q produced in this market?

How much does firm 1 produce? (Round to one decimal place)

In: Economics

Consider a perfectly competitive market. Every firm has the same short-run cost function: STC=2,000+2q3-20q2+150q. (8) Derive...

  1. Consider a perfectly competitive market. Every firm has the same short-run cost function: STC=2,000+2q3-20q2+150q.
    1. (8) Derive and draw the short-run supply curve of the individual firm.
    2. (7) Find the range of price for which the individual firm makes a positive profit in the short-run.

In: Economics

1. Depict Two currency markets graphs: the Japanese Yen and the U.S. Dollar, setting up the...

1. Depict Two currency markets graphs: the Japanese Yen and the U.S. Dollar, setting up the two markets in initial equilibrium. Next to the supply curve and the demand curve state who is on the supply curve in each market and who is on the demand curve in each market.

2. Assume there is an increased preference among U.S. consumers for Japanese electronic goods because of a perceived superior quality. Copy number 1 graphs and reflecting this change. MAKE THEM SEPARATE FROM NUMBER 1.

In: Economics

Consider a monopolistic market with the following inverse demand curve: P=z(32-Q) where z is the quality...

Consider a monopolistic market with the following inverse demand curve: P=z(32-Q) where z is the quality level. Suppose that the marginal production cost of output is independent of quality and equal to 0. The cost of quality is C(z)=8z2.

a) (6 pts.) Calculate the production level that would maximize profits.

b) (7 pts.) Calculate the quality level that would maximize profits.

In: Economics

The reserve requirement rate is 5%. A bank’s deposits are $200 and it is holding $25...

The reserve requirement rate is 5%. A bank’s deposits are $200 and it is holding $25 in reserves. Then,

The required reserves are $10

The excess reserves are $15

The money multiplier is 20

(a), (b) and (c) are correct

(a) and (b) are correct

(a) and (c) are correct

(b) and (c) are correct

In: Economics

describe and critique the budget processes that are used for that organization. budgeting , forecasting, and...

describe and critique the budget processes that are used for that organization. budgeting , forecasting, and compare

In: Economics

The total cost function of a perfectly competitive firm is TC= 12+2q^2+4q. What is the firm's...

The total cost function of a perfectly competitive firm is TC= 12+2q^2+4q. What is the firm's optimal quantity at a market price of $12? If over time, the firm could exit and not pay its fixed cost, what would the optimal quantity be?

In: Economics

consider world war 1 what were the effects of the war on economy and culture of...

consider world war 1 what were the effects of the war on economy and culture of the United States? consider the effect on woman and minority populations. give three specific examples

In: Economics

I have to write a Tourism Site Analysis research paper. There are very strict guidelines. Can...

I have to write a Tourism Site Analysis research paper. There are very strict guidelines. Can someone share a sample of what's a tourism analysis looks like? I can't find anything on google. I already picked my site.

In: Economics

List the items that Governor Abbott identified as emergency items in his 2019 State of the...

List the items that Governor Abbott identified as emergency items in his 2019 State of the State Address and explain why they were thus identified.

In: Economics

In the absence of international trade, assume that the equilibrium price and quantity of motorcycles in...

In the absence of international trade, assume that the equilibrium price and quantity of motorcycles in Canada is $14,000 and 10 units respectively. Assuming that Canada is a small country that is unable to affect the world price of motorcycles, suppose its market is opened to international trade. As a result, the price of motorcycles falls to $12,000 and the total quantity demanded rises to 14 units; out of this total, 6 units are produced in Canada while 8 units are imported. Now assume that the Canadian government levies an import tariff of $1,000 on motorcycles. With the tariff, 8 units are produced in Canada and the quantity demanded is 12 units. Refer to the above information and answer the following: (i) What is the price of imported motorcycles as a result of the tariff. (ii) Calculate the tariff redistribution and revenue effect. ​(iii) What is the deadweight welfare loss for Canada?

In: Economics

Come on now, get a job. In this activity, you will select a country and explore...

Come on now, get a job. In this activity, you will select a country and explore the concepts of unemployment and the phases of the business cycle as it relates to the economic well being of your selected country.

Locate a recent article (published within the last year) that addresses the unemployment theory and unemployment rate of your selected country.

You can use the Hunt Library, newspapers, new stations, or other credible sources to locate an article. Analyze your selected country's unemployment rate and how the key economic indicators align with the current phase of the business cycle. Include the following in your discussion.

  • Identify how unemployment is calculated.
  • Describe the different types of unemployment and state which type of unemployment you believe impacts your chosen country the greatest.
  • State your selected country's unemployment rate.
  • Discuss the four phases of the business cycle.
  • Align the current phase of the business cycle with your selected country.

Summarize your findings using at least 250 words and provide a minimum of one reference. Use current APA formatting to document your sources.

In: Economics

What does CompStat measures ?

What does CompStat measures ?

In: Economics

You are the manager of a firm that manufactures front and rear windshields for the automobile...

You are the manager of a firm that manufactures front and rear windshields for the automobile industry. Due to economies of scale in the industry, entry by new firms is not profitable. Toyota has asked your company and your only rival to simultaneously submit a price quote for supplying 100,000 front and rear windshields for its newest version of the Highlander. If both you and your rival submit a low price, each firm supplies 50,000 front and rear windshields and earns a zero profit. If one firm quotes a low price and the other a high price, the low-price firm supplies 100,000 front and rear windshields and earns a profit of $11 million and the high-price firm supplies no windshields and loses $2 million. If both firms quote a high price, each firm supplies 50,000 front and rear windshields and earns a $6 million profit.

a) Determine your optimal pricing strategy if you and your rival believe that the new Highlander is a “special edition” that will be sold only for one year. Show completed game table with all elements in it.

b) Is this an example of a prisoner's dilemma? Explain.

c) If you and your rival were required to resubmit price quotes year after year and if, in any given year, there was a 58 percent chance that Toyota would discontinue the Highlander, what would be equilibrium strategy? Is Collusion occur? Explain your decision by showing a profit of cooperation and profit of cheating.

In: Economics