Questions
Explain why the Herfindehl-Hirschman Index (HHI) is superior to the concentration ratio?

Explain why the Herfindehl-Hirschman Index (HHI) is superior to the concentration ratio?

In: Economics

On her 25th birthday, a young woman engineer decides to start saving toward building up a...

On her 25th birthday, a young woman engineer decides to start saving toward building up a retirement fund that pays 6% interest compounded monthly (the market interest rate). She feels that $1,000,000 worth of purchasing power in today's dollars will be adequate to see her through her sunset years after her 65th birthday. Assume a general inflation rate of 4% per year.

a) If she plans to save by making 480 equal monthly deposits, what should be the amount of her monthly deposit in actual dollars? Assume the first deposit is made at the end of the month.

b) If she plans to save by making end-of-the-year deposits, increasing her payment by 4% annually, how much would her first deposit be in actual dollars?

In: Economics

HOW WILL EFFECTIVE WRITING SKILLS IMPACT YOUR COLLEGE AND CAREER GOALS ?

HOW WILL EFFECTIVE WRITING SKILLS IMPACT YOUR COLLEGE AND CAREER GOALS ?

In: Economics

Part A What are some examples that you have experienced in relation to one or more...

Part A

What are some examples that you have experienced in relation to one or more of the pricing models/tactics?

Part B

Why might penetration pricing potentially negatively impact brand image and product positioning in the long run? Given this risk, why would a marketing manager use penetration pricing? Identify a brand (other than the examples in the chapter) that you believe is engaged in penetration pricing.

In: Economics

In 2001 American Airlines entered into a 30-year contract worth $195 million for the naming rights...

In 2001 American Airlines entered into a 30-year contract worth $195 million for the naming rights to the home of the Dallas Mavericks, Dallas Stars, and Dallas Desperados. The contract calls for annual payments of $6.5 million. Explain carefully how you would calculate the economic value of the contract.

In: Economics

1. Consider the annual government budget constraint of a government: Gt + (1 + rt)Bt =...

1. Consider the annual government budget constraint of a government:
Gt + (1 + rt)Bt = Tt + Bt+1

for t=2019,2020,... Denote GDP by Yt.
(a) Express the budget constraint in terms of variables measured as a fraction of GDP.
(b) Suppose GDP grows at 4%, the interest rate is 2% and the primary deficit is 3% of GDP. If debt to GDP is 1
(100%) in 2019, write down the evolution of debt to GDP ratio for 2020, 2021 and 2022. Is it increasing or decreasing?
(c) Suppose now that initial debt to GDP is 2 in 2019, write down the evolution of debt to GDP ratio for 2020, 2021
and 2022. Is it increasing or decreasing?
(d) Write down the condition that needs to be satisfied for all variables to be constant as a fraction of GDP.
(e) What do you think happens if GDP growth is only 1% instead?

Please give as detailed as an explanation and show as much work as possible for each part of the problem, especially part d. This is from a study guide to an upcoming test I have and I do not understand how to do it. Thanks

In: Economics

Earlier, we discussed the concept of performing an ‘Environmental Analysis” on a firm, and an industry,...

Earlier, we discussed the concept of performing an ‘Environmental Analysis” on a firm, and an industry, and in doing so, we ASK, and try to ANSWER, “Questions A through F”---and G --- as they apply to that firm and that industry. So…… …………………… please apply Questions A through F --- ask Question A, then B, then C, then D, then E (the big one---barriers to entry!), then F…. to ONE OF THE FOLLOWING MARKETS:   1. Automobile retailing – that is, car dealerships   OR    2. The “smart phone” industry   OR 3. ANY PRODUCT (or service) THAT YOU CHOOSE! YOUR CHOICE! I DO NOT EXPECT PERFECT ANSWERS HERE!!!

A: What is the product (or service)? Please DEFINE the product (or service) by its traits and characteristics: what is it? What is it not? (cola does not equal milk). WHAT OTHER PRODUCTS (or services) COMPETE WITH OUR PRODUCT (or service)?

B. What is the PRICE of this product (or service)?

C. What is the RELEVANT MARKET for this product (or service)? Is it local? Regional? National? Global?

D. WHO ARE THE MAJOR SELLERS IN THIS MARKET? How large are they? Who competes with whom?

E. IF YOU WANTED TO START A BUSINESS IN THIS MARKET, WHAT BARRIERS TO ENTRY AND SUCCESS MUST YOU OVERCOME? Which barriers would be difficult to overcome? Which would be relatively easy to overcome, in theory? Please try to discuss between five and ten barriers, if possible.

F. Could you start a business in this market on a small scale, and succeed? Why or why not? Exactly what would you be ‘up against’? After answering questions A,B,C,D,E,and F… then and only then please answer question

G: which ‘market structure’ do firms in this industry find themselves in: Perfect competition? Monopolistic competition? Oligopoly? Or Monopoly? Why?

In: Economics

ESSAY: Will raising the minimum wage be practical?Why/why not? Somethings to touch on. Will increasing the...

ESSAY: Will raising the minimum wage be practical?Why/why not?

Somethings to touch on.

Will increasing the minimum wage help or hurt employees?

Will increasing the minimum wage help or hurt businesses?

What problems might be caused by raising base pay?

What are the benefits of an increased base pay?

*** NEED 1-2 SOURCES ****

In: Economics

Why does slavery preserve the time-honored principles of mutual dependency and hierarchy?

Why does slavery preserve the time-honored principles of mutual dependency and hierarchy?

In: Economics

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE In the market...

.

NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE

In the market for medications, there is a difference in demand for medications that are under patent, medications that have a strong name brand, and medications that are generics. Discuss the differences in demand for these three different types of medications. Be sure to discuss these differences using the concepts of price elasticity of demand, cross price elasticity of demand and income elasticity of demand.

ANSWER THROUGHLY PLEASE 1-2 pages

COPY AND PASTE Answer in paragraphs, and no picture attachment please.

NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

I APPRECIATE THE HELP

In: Economics

Identify some of the indicators that describe the labor market and discuss the impact of fluctuations...

Identify some of the indicators that describe the labor market and discuss the impact of fluctuations in the indicators to the labor market.

In: Economics

1) What are the links between industry structure and profitability? 2) How is industry structure utilized...

1) What are the links between industry structure and profitability?
2) How is industry structure utilized for understanding the dynamics of competition?
3) How do you assess (determine) the power of suppliers and buyers?
4) What are the measures of competitive success?
5) How are competitive advantages and the activities in a company’s value chain related?
6) What are the activity choices that reflect the distinct customer segment chosen by each company?
7) What is strategy in terms of activities and value?
8) What is switching costs and how does it relate to substitution?

In: Economics

How did Prohibition act as a catalyst for the development of organized crime in the United...

How did Prohibition act as a catalyst for the development of organized crime in the United States? Do you think that the decriminalization/legalization of drugs, prostitution, pornography and the like would reduce the impact of OC in our country today? Explain your answer.

How does the criminality of organized crime differ from that of conventional criminals and terrorists? Give examples in your answers.

In: Economics

Commonly used measures of globalisation of markets and production are the following ratios: World Exports/world GDP...

Commonly used measures of globalisation of markets and production are the following ratios: World Exports/world GDP and World Inward FDI/World Gross Capital Formulation. There are also other measures to consider such as university students, patents, venture capital, internet traffic, equity investments, news media, bank deposits and many more which are expressed as a percentage of world totals. Identify six different countries: two from the Southern African Development Community (SADC), two from the East African Community (EAC), and two from the Common Market for Eastern and Southern Africa (COMESA), and use globalisation measures to analyse the most globalised of the six countries in the three economic trade regions. Use the analysis to write an expository essay that illustrates the extent to which the six countries are globalised

In: Economics

1) If a company wants to implement an enterprise application, it had better do its homework....

1) If a company wants to implement an enterprise application, it had better do its homework. Discuss 3 implications of this statement with examples.

2) Many colleges and universities use Banner, a higher education software ERP system. Describe the ERP system at your university. How does your school's ERP compare to others, give 2 comparisons to other systems from Web searches? What are the challenges of implementing the ERP system?

In: Economics