Write an essay about why online education shouldn't
replace traditional education.
your essay should be at least 650 words.
Try to bring sources ( references ) in your essay.
write at least 5 paragraphs in your essay.
if you cannot do this, you can transfer it to the
English language section.
Thank you.
In: Economics
Can you think of any incentives that you face the encourage you to behave in ways consistemt with sustainability?? Can you think of any that have the opposite effecfs?? How could the latter be changed??
In: Economics
In: Economics
1. Imperfect competition is characterized by firms competing on price.
True
False
2.
The shape of the demand curve facing the perfectly competitive firm is downward sloping.
True
False
3.
An employer operating under conditions of a perfectly competitive labour market will hire labour up to the point where the marginal product of labour equals the wage rate.
True
False
4.
If the price of a product rises, which of the following statements regarding the perfectly competitive firm is correct.
a. Its total revenue curve will be steeper.
b. Its total revenue curve will be flatter.
c. Its average revenue curve will be flatter.
5.
Suppose that a country has a comparative advantage in the production of wheat. Which of the following statements is true?
a. The purchasing power parity theory must also be in its favour.
b. Specialization is wise only if exchange rates are fixed.
c. It must also have an absolute advantage in the production of wheat.
d. Specialization is wise only up to a point because of the law of increasing costs.
d. Its average revenue curve will be steeper.
6.
Suppose, BC's current import of wine is 8000 litres. Government introduces a tariff of $5 per litre of wine, as a result, the volume of wine imports cuts down to half. What is the value of tariff revenue collected by the government?
Select one:
a. $2000
b. Cannot be determined
c. $40000
d. $20000
e. $1600
In: Economics
Compare and contrast customer needs, wants, and demands. Describe the need versus the want for the following products: Gatorade, Nike shoes, and iPod.
In: Economics
How would you describe a “market niche?” Describe four product/services that you own or consume that you would consider to be “niche” products. Why do you believe this to be true?
In: Economics
Note: Expected length of response to this assignment: 350-500 words.
How and why brands entice consumers to buy?
In: Economics
In: Economics
PROBLEM 2: AD and AS ANALYSIS
Below are ten different scenarios that will affect the AD or/and the SAS and LAS. For each event, indicate what type of shifts will be created. There are six choices for shifting; for each event, place the number of the shift on the space provided. Provide only one shift for each event.
Event 1: wage rates in general rise_______________
Event 2: an increase in the money supply________________
Event 3. future profits are expected to increase_________________
Event 4: due to immigration, the labour force increases______________
Event 5: interest rates increase_________________
Event 6: level of government spending increases__________________
Event 7: improvements in technology take place__________________
Event 8: the price of oil rises____________________
Event 9: net exports decrease____________________
Event 10: reduction in income taxes________________
In: Economics
In: Economics
Explain how the following statements affect the supply of orange juice. Indicate whether the event causes an increase/decrease in supply or an increase/decrease in the quantity supplied. Show graphically.
a) Florida, “The Sunshine State”, experiences a devastatingly cold winter.
b) Thepriceofplasticdecreases.
c) The government mandates that all orange juice producers must provide child care for their employees
In: Economics
In: Economics
The adoption of social media by the government confronts a series of barriers. Some of these barriers relate to records management, privacy and security issues, accuracy, and administration-specific requirements (Bertotet al., 2012;Bryerand Zavattaro, 2011; Landsbergen, 2010andSherman, 2011). As social media includes two-way communications, the risk of inserting malware into governments' websites exists (Bertotet al., 2012), so the IT people should be prepared to protect government's information technology infrastructure. Governments that would like to implement social media need to verify if people in charge of updating the media will have the time to update the new communication channel; they also need to answer other questions such as what to post, how and when often they will update (Bryerand Zavattaro, 2011andLandsbergen, 2010). The lack of resources and procedures could undermine the accuracy of the information posted on social media. Although the use of social media in Ghanaian state government portals is recent, the development of relationships between government and citizens is growing fast (Sandoval-Almazánet et al., 2011). However, in contrast with other countries, to our knowledge, there is still no guideline for the use of social media in Ghana. The study of perceived risks, benefits, and strategies will be very helpful in the development of those guidelines.
Use the above information to answer questions 29 to 34
29.Suggest a hypothesis for the above study
………………………………………………………………………………………………………
30.Suggest a general objective for the above study
……………………………………………………………………………………………………...
31.Identify one specific objective for the above research
………………………………………………………………………………………………………
32.Identify three key challenges that the government could face when IT is to be adopted
………………………………………………………………………………………………
In: Economics
Question 1. (Excel exercise) The Federal Reserve Bank of St.
Louis offers a wide range of economic data at its Web site, called
FRED (fred.stlouisfed.org/). Use these data to examine real GDP for
Canada from 1960 to 2011.
a. Download annual data (CANRGDPR) on real GDP
from 1960 to 2011. Calculate the annual growth rates, starting with
1960. Are there years in which real GDP decreased? With what events
are these years associated?
b. Calculate the average rate of real GDP growth
for the period from 1960 to the most recent year available.
Calculate the average annual growth rate from 2008 to 2010. How
does the growth rate during this three-year period compare to the
average growth rate from 1960 to 2011?
In: Economics
2. All steak houses have the same cost curves. Long-run average cost curve: AC = -250 + 4q + 4,900/q Long-run total cost curve: TC= 4,900 – 250q + 4q2 Long-run marginal cost curve: MC = -250 + 8q Market demand for steaks: QD = 24,375 – 200P q = number of steaks sold by firm per hour P = price per steak
2a. Calculate the long-run equilibrium price and how many steaks each individual owner will sell per hour.
2b. Calculate how many firms there are?
2c. If fixed costs increase by 640, calculate how many steaks each firm will now produce per hour.
2d. Explain if the industry has increasing, decreasing or constant costs. Calculate the new LR equilibrium price.
In: Economics