What factors does a cosmetics company need to consider when designing its marketing channel for a new low-priced line of cosmetics?
* I also need a reference for this answer.
In: Economics
Consider the following production possibilities schedule for two goods- Tshirts and running shoes:
|
Running shoes (per month) |
Tshirts (per month) |
|
0 |
10000 |
|
500 |
9000 |
|
1000 |
7000 |
|
1500 |
4000 |
|
2000 |
0 |
A) Suppose that this economy is currently producing 1000 running shoes per month (on its ppf). At this allocation what is the opportunity cost of producing 2000 more tshirts. Show the calculaitons
B) What are some differences between a PPF that is curved outward and one that is a straight line? Explain.
In: Economics
Describe the three types of appeals used in marketing communications messages and develop three different advertisements for the same brand of a product of your choice, each using a different appeal.
*I also need a reference for this answer.
In: Economics
What is dealignment? Has this occurred in American politics, and if so, when?
In: Economics
Which forms of mass media traditionally have been the most relied on? Which forms have grown in importance? Define policy formulation and provide two examples of instances where this takes place. What is the role public opinion plays in a representative democracy?
In: Economics
What product flow metrics should retail markets analyze when assessing the impact of COVID-19 on grocery product categories such as grab-and-go/convenience items?
In: Economics
Amidst the current pandemic, how can supermarkets adjust their supply chain/logistics strategies on grocery product categories such as grab-and-go/convenience items?
In: Economics
Amidst the current pandemic, how can supermarkets adjust how they go to market on grocery product categories such as grab-and-go/convenience items?
In: Economics
1. Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. What is the equilibrium price of rutabagas?
2. Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. What is the equilibrium quantity of rutabagas?
3. Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. Suppose the government assesses a rutabaga tax of $5 per box on the sellers of rutabagas. What is the after-tax equilibrium quantity of rutabagas?
4. Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. Suppose the government assesses a rutabaga tax of $5 per box on the sellers of rutabagas. What is the after-tax price paid by the consumers of rutabagas
5. Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. Suppose the government assesses a rutabaga tax of $5 per box on the sellers of rutabagas. What is the after-tax price received by the sellers of rutabagas?
6.
Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. Suppose the government assesses a rutabaga tax of $5 per box on the sellers of rutabagas. What is the relative burden of this rutabaga tax between buyers and sellers?
| A. |
consumers pay 62.5% of the tax and sellers pay 37.5% |
|
| B. |
consumers pay 50% of the tax and sellers pay 50% |
|
| C. |
consumers pay 37.5% of the tax and sellers pay 62.5% |
|
| D. |
sellers pay 100% of this tax because the government accessed the tax on sellers. |
7.
Suppose the market demand for rutabagas is QD = 10 - 0.25P and the QS = 0.15P, where P is the price per box of rutabagas and Q measures the quantity of boxes. Suppose the government assesses a rutabaga tax of $5 per box on the buyers (rather than the sellers) of rutabagas. which of your previous answers would change? Mark any (between 0 and 4) correct answers.
| A. |
the equilibrium after tax quantity of rutabagas |
|
| B. |
the after tax price paid by the consumers of rutabagas |
|
| C. |
the after tax price received by sellers of rutabagas |
|
| D. |
the relative burden of the rutabaga tax between buyers and sellers |
In: Economics
Question 1 [40 pts] – Free Rider Problem –Game Theoretic Modeling
Consider two individuals who are deciding to pay for a public good or not. The value of the public good is 10 for each individual and the cost of the public good is 12 TL.
Given the valuation for the public good, cost and the cost sharing mechanism above and our knowledge about public goods this decision process is depicted as a simultaneous form game below. [Note on notation: the first payoff in each cell corresponds to the payoff of the row player, Individual 1. The second payoff in each cell corresponds to the payoff of the column player, Individual 2.]
|
Ind 2 |
|||||
|
Vote Y |
Vote N |
||||
|
Ind 1 |
Vote Y |
4 , 4 |
-2 , 10 |
||
|
Vote N |
10 , -2 |
0 , 0 |
|||
Modeling: – Using Game Theory
One-Shot Game: Impossibility of reaching the cooperative outcome.
In: Economics
a) Explain what is meant by exchange rate overshooting/undershooting.
b) There are two (2) ways that authorities may try to finance increased government expenditure (G):
i. By printing extra money and using the money directly to finance its expenditure
ii. By borrowing — that is by selling bonds to economic agents
c) In the Dornbusch model the uncovered interest rate parity (UIP) condition is assumed to be hold continuously, that is, if the domestic interest rate is lower than the foreign interest rate then there need to be an equivalent expected rate of appreciation of the domestic currency to compensate for the lower domestic interest rate." Explain this statement.
In: Economics
Pertain to entities receiving federal funds?
In: Economics
Explain the different types of trade restrictions and how they affect consumer and producer surplus overall.
Explain protectionism in your own words.
What are the three main forms and briefly explain each.
List some pros and cons of protectionism (0.5 points) explain each one with your own words.
In: Economics
In: Economics