Questions
“Reaching full employment, where everyone who is available for work should be able to find a...

“Reaching full employment, where everyone who is available for work should be able to find a job, is one of the main economic policy targets for the government.” Please discuss.

In: Economics

What are the factors that affect the demand ,supply and elasticity of Australia fresh food industry?

What are the factors that affect the demand ,supply and elasticity of Australia fresh food industry?

In: Economics

Why EI (Employment Isurance) increase a frictional unemployment? Why not cyclical unemployment, the number of discouraged...

Why EI (Employment Isurance) increase a frictional unemployment?

Why not cyclical unemployment, the number of discouraged workers and structural unemployment?

In: Economics

Happy Brewing company has a quality improvement strategy. The company has 200 employess, including packers, brewers,...

Happy Brewing company has a quality improvement strategy. The company has 200 employess, including packers, brewers, technicians, bottlers who work in teams within the brewery. Discuss how Happy Brewing Company design reward package for it's workers to align with this strategy of quality improvement.

In: Economics

3. What stage of integration is NAFTA and where do you think it will be by...

3. What stage of integration is NAFTA and where do you think it will be by 2025?

4. How is USMCA different from NAFTA?

In: Economics

A friend tells you that he plans to open a business in which he will entertain...

A friend tells you that he plans to open a business in which he will entertain children at birthday parties. He says he will offer a new entertainment in which he dresses up like a dinosaur, something many children love.

What do you advise him about the possible future of his business? In your answer use the concepts of economies of scale, barriers to entry, and monopolistic competition.

In: Economics

in the war for talent, attracting the best staff is a competition between organisations. Discuss the...

in the war for talent, attracting the best staff is a competition between organisations. Discuss the ways that employer can attract the best people both internally and externally. In your answer. you should provide specific examples.

In: Economics

What is your position on dumping (exporting dangerous or banned items to other countries), and what...

What is your position on dumping (exporting dangerous or banned items to other countries), and what principles and values do you base it on? Should we have laws prohibiting more types of dumping? what are the objections ? ( at least 200 words)

In: Economics

A friend tells you that he plans to open a business in which he will entertain...

A friend tells you that he plans to open a business in which he will entertain children at birthday parties. He says he will offer a new entertainment in which he dresses up like a dinosaur, something many children love.

What do you advise him about the possible future of his business? In your answer use the concepts of economies of scale, barriers to entry, and monopolistic competition.

In: Economics

Job analysis is a key HR activity that is necessary for the success of many other...

Job analysis is a key HR activity that is necessary for the success of many other HR practices. Discuss the linkages between job analysis and other key HR practices, such as recruitment. Ensure you prefer to atleast three HR practices in your answer

In: Economics

1.) You would expect to find product differentiation in which market structures? a. Natural monopoly and...

1.) You would expect to find product differentiation in which market structures?

a. Natural monopoly and oligopoly

b. Oligopoly and monopolistic competition

c. Monopolistic competition and monopoly

d. Very competitive markets only

2.)A firm should not shut down if

a. It can cover variable costs

b. All of these

c. Variable costs are greater than fixed costs

d. Fixed costs are very low

3.)If marginal cost is greater than marginal revenue the firm should

a. Exit the market

b. Shutdown

c. Reduce output

d. Increase output

In: Economics

1.) The HHI in this market is Market share Firm A 50% Firm B 30% Firm...

1.) The HHI in this market is

Market share

Firm A
50%
Firm B 30%
Firm C 20%

a. 3800

b. 1800

c. 100%

d. 6800

2.) A good example of a vertical merger is a

a. Fast food franchise buying another franchise

b. Wire manufacturer buying a copper mine

c. Cigarette company buying a cookie company

d. Airline buying a car manufacturer

3. You would most often find economies of scale in a (n)

a. Natural monopoly

b. Very competitive firm

c. Oligopoly

d. Monopolistically competitive firm

In: Economics

Reflect on global business and trade, in the context of oil and gas industry. Consider these...

Reflect on global business and trade, in the context of oil and gas industry. Consider these questions:

1.) How much does oil and gas  industry rely on global markets for its success?

2.) What are the advantages and disadvantages for oil and gas industry to be a part the global business environment?

You have a 600 word limit. Please include your rationale. Also APA citation.

In: Economics

IncorrectQuestion 8 0 / 1 pts In the market for restaurant dining, if wages for restaurant...

IncorrectQuestion 8

0 / 1 pts

In the market for restaurant dining, if wages for restaurant workers increases and the preference for restaurant dining declines, then the most likely affect in the market for restaurant dining is:

price will increase, and quantity exchanged will increase.

price will increase, and quantity exchanged will decrease.  

price will decrease, and quantity exchanged will increase.  

price will decrease, and quantity exchanged will decrease.

price will increase, and quantity exchanged will remain the same.

price will decrease, and quantity exchanged will remain the same.

price will remain the same, and quantity exchanged will increase.

price will remain the same, and quantity exchanged will decrease.

IncorrectQuestion 9

0 / 1 pts

In the market for bananas, if consumer preference for bananas increases and costs to ship bananas decreases, then the most likely affect in the market for bananas is:

price will increase, and quantity exchanged will increase.

price will increase, and quantity exchanged will decrease.

price will decrease, and quantity exchanged will increase.

price will decrease, and quantity exchanged will decrease.

price will increase, and quantity exchanged will remain the same

price will decrease, and quantity exchanged will remain the same.

price will remain the same, and quantity exchanged will increase

price will remain the same, and quantity exchanged will decrease.

IncorrectQuestion 10

0 / 1 pts

In recent years, in the market for computers it has been observed that prices have decreased and the quantity exchanged has increased. The most likely economic reason for this is:

an increase in demand for computers.

an increase in technology in the production of computers.

an increase in demand for computers and an increase in technology in the production of computers.  

a decrease in demand for computers and an increase in technology in the production of computers.

In: Economics

A malaria-infected village decides to establish a mosquito eradication program. The program costs $5 million in...

A malaria-infected village decides to establish a mosquito eradication program. The program costs $5 million in order to be effective, and each village inhabitant is asked to voluntarily contribute to the fund. The mosquito eradication program is never implemented, and the village continues to have a malaria problem.

Which economic concept best explains this outcome?

(A) Deadweight Loss.
(B) Government Failure.

(C) Public Goods Game.

(D) Negative Externalities.

20. You go to the library to study for your exams. A cringe boomer sits beside you, and starts blasting his 1980s boombox radio, making it difficult for you to concentrate. Which economic concept best explains this situation?

(A) Deadweight Loss.
(B) Government Failure.

(C) Public Goods Game.

(D) Negative Externalities.

In: Economics