Platinum is a rare metal. Its 2 biggest uses are in jewelry and in the automotive industry, where it is used in the manufacture of automobile engines.

From August 2016 to June 2019, global platinum prices decreased by 30%.

From July 2019 to October 2019, global platinum prices increased by 22%.

Assuming that the market for platinum is highly competitive, use supply and demand concepts to explain whether the following supports an increase in the price of platinum or a decrease in the price of platinum. Explain why.

1. Millennials (individuals born between 1980 -2000) prefer platinum because they like its finish and ability to hold intricate jewelry designs.
2. The price of gold increased by 50%
3. Platinum mines in South Africa, which supplies 70% of the world’s platinum, were affected by a long strike by miners.
4. Lower demand for diesel engines which use platinum
5. South Africa places a special tax of 10% per pound of platinum which is paid by sellers of platinum.

• If the US economy is at the natural rate of unemployment with the level of real GDP at potential output, what would expansionary fiscal or monetary policy do to the economy?   How would the economy be effected in the short run and long run? Does the Phillips Curve theory explain what happens?

1. Explain the importance of slavery in the American South in the period from 1815 to1860. Your answer should take into account topics such as

• The class structure of the South, including different social groups and their relationship to slavery
• Variations in slavery depending on local conditions and economic activities
• Differing status among slaves on plantations
• Ways slaves resisted their oppression
• Slave culture, including slave families, songs & stories, and religion
• The defense of slavery as a positive good that southerners constructed from the 1820s, and especially 1830s onward.

Discuss the Solow growth model and its implications on convergence between countries. It is a 1500 word essay. If you want to do it in parts I have 19 credits remaining at my account.

Defend or challenge the following statement: “Chapter 11 is broken as it doesn’t provide meaningful opportunities to rescue a business.”

Malaysia Airlines, AirAsia, Malindo need different action by govt amid Covid-19 pandemic — Mustapa Mohamed

KUALA LUMPUR (March 30): Airline companies including some of the most well-known in the industry are facing their biggest challenge due to Covid-19 pandemic, Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said.

According to him, this is a global phenomenon with giant airlines such as Emirates and Singapore Airlines have also been affected, not to mention Malaysia Airlines, which has faced various challenges before the outbreak.

Although there was no announcement in terms of assistance for airlines in the Prihatin Rakyat Economic Stimulus Package (PRIHATIN) announced by Prime Minister Tan Sri Muhyiddin Yassin last Friday, the sector would need action, he said.

“Companies like Malaysia Airlines, AirAsia and even Malindo Air are big employers. Certainly (it) requires a different action,” Mustapa said on Bernama TV's "Ruang Bicara Khas" last night.

However, he did not elaborate on the timing and actions the government would take to help Malaysian airline companies.

Leading low-cost carrier, AirAsia has temporarily suspended all international flights for operations in Malaysia, Thailand and the Philippines due to the Covid-19 outbreak.

AirAsia Malaysia has also temporarily suspended all its international and domestic flights from March 28 to April 21, 2020.

The national carrier, Malaysia Airlines has also significantly reduced its overall network, due to the nationwide MCO from March 18 to 31.

(a) Discuss factors that have affected AirAsia Group Bhd. in their business over time. How have these factors affected pricing decisions among airline operators?

(b) What general pricing approaches have AirAsia pursued?

(c) Do you think that AirAsia will be able to overcome this amid Covid-19 pandemic? What recommendations would you give to its management?

7. Show analytically that the necessary condition for the profit maximization of a monopolist that
supplies his output in two separate markets with two different demand functions is
MR1 = MR2 = MC.

I please for the clear explanation :)

Derive the condition for the optimal rotation when a forest also provides species habitat services.

Question #1

Investment Advisors must understand the investment valuation risks associated with a security before making recommendations to their client.

Answer the following questions regarding investment risks.

1. List and describe, in your own words, the three (3) methods used by analysts to measure the volatility of an investment.
2. Explain how a “bell curve” diagram helps investors to measure a stock’s price volatility.
3. Explain, in your own words, how “duration” is used to measure volatility in fixed income securities.

Welfare economics provides a framework for evaluating the impact of normative statement or government policies. Explain the framework of welfare economics. What are consumer and producer surplus? Explain why there are differences in willingness to pay along the demand market curve. Explain why there are difference in costs along the market supply curve.

Milton Friedman: States that there is only one social responsibility that organizations have and that is to use its resources and engage in activities designed to increase profits. therefore, there is no need for corporate social responsibility as the organizations main goal is profit-making.

with the above, organizations have four responsiblilities.

1. Discuss at least four responsibilities.

2. Discuss at least four major factors that influence consumer buying behaviour.

NB: insert reference

How is monetary policy used during a recession? During a boom? What is the current monetary policy being used by Federal Reserve? Explain why they are on this policy course.

Consider the following situation: The world price of oranges is $15 per bushel. The domestic supply of oranges is 100 + 2(P) and the domestic demand for oranges is 500 – 5(P). Assume for now that this is a small nation that is not able to affect the world market. Show specific results (75 points)

1. How would a tariff of $10 per bushel affect this nation? (Consider gains and losses)
2. How would a quota of 100 bushels affect the nation?
3. What if there is a social benefit (not captured in the price) of $5 per bushel to people eating oranges? How does this affect your answer to (a) above?
4. How would your answer to (c) change if the nation were importing something to which there was an associated negative externality?
5. Assume now that the nation is large and that it CAN affect the world market. Explain what happens to the world market for oranges when the tariff is passed. Be sure to discuss terms of trade, gains and losses, impact on the factor markets.