What are the main barriers to trade, and what are some of the modern trends in reducing/expanding trade barriers? What is a regional market, and why are these developing? Why is understanding these issues important for developing an appropriate international strategy?

• What makes someone a successful entrepreneur? What characteristics are needed? In recent years who have been some of the most influential and profitable entrepreneurs?

With this being the overarching backdrop for our discussion in this module, you should also be looking to touch on the following:

• Do you think people take the time to consider implicit and explicit costs when starting a business?
• Do you believe produces take the time to actually calculate AVC, AFC and ATC? Or are these concepts just for textbooks and college professors?
• Do successful entrepreneurs look to enter markets that lean towards perfect competition? Why or why not?

What are the key issues discussed by Hernando de Soto, particularly related to why capitalism and free markets tend to work in the United States, but not in many other parts of the world. What would Hernando de Soto say should be done to improve the economic progress of less developed countries.

Common impacts of Covid 19 in Egypt, Niger,Lesotho, Mauritius, Tanzania

According to your book, the vast numbers of new immigrants, and the way many of them created distinctive communities, provoked fear and resentment among some native-born Americans. Because of this Old stock Americans encouraged or demand assimilation in countless ways. Can you expand and explain how was assimilation forced on the new immigrants?

The producer of a downloadable antivirus software program spends exactly ​$2 comma 650 comma 000 producing the first copy and incurring various costs required to make the software​ "user-friendly." The firm can produce and distribute additional copies at a​ per-unit cost of ​$1.00. If the company sold as many copies as consumers wished to purchase at a price of ​$1.00 per​ copy, it would sell 425 comma 000 copies. If the company maximizes its economic profits in the​ short-run, it sells 225 comma 000 copies at a price of ​$40. ​Finally, the company earns zero economic profits when it sells 275 comma 000 copies.

What are the​ firm's economic profits​ (or losses) if it sells 425 comma 000 copies of the antivirus software program at a ​$1.00 price per​ copy? ​$ -2,650,000 .

What are the maximum economic profits that the firm can earn in the short​ run? ​$ 6,125,000 . What is marginal revenue when the firm maximizes its​ short-run economic​ profits? ​$ 1.00 .

In the long​ run, after entry of competing​ firms, to the nearest​ dollar, and including the correct​ sign, what amount of economic profits will this firm​ earn? ​$ 0 0.

Discuss the effects of globalisation on markets and governments over the 20th century.

PRIVATE HOME OWNERSHIP IN CHINA

Private home ownership is increasing in China. For years the urban Chinese relied on overcrowded housing rented from the state and often waited a long time to have their own apartment. Now, with the increase in the market economy, the government is encouraging city-dwellers to buy their own homes by giving cheap loans and tax-relief. Home buying will help China’s economy. New home-owners need to spend money on furniture, appliances and decorating. GDP grew by 8% in 1999, of which the housing industry contributed about a fifth.

The housing changes will affect social and political issues as well as the economy. In the old system people had to live close to their work, and it was difficult to change jobs because no other housing was available. Single people had no hope of being allocated an apartment. Now anyone with money can buy a home and choose where they wish to live.

a) Explain what is meant by the market economy.

b) Explain the meaning of complements and substitutes, giving an example of each from the passage.                                                                                             

c) Identify four factors that might influence a worker’s choice of occupation.

d) How far do you think the change in the provision of housing is likely to affect a worker’s choice of occupation?                                                                       

e) Discuss whether the change in the provision of housing is likely to benefit everybody.     

Discuss the short term and long term effect of a devaluation on balance of payments in a monetary model with fixed exchange rates.

suppose that a food processing plant and a chemical factory are located close to each other on the banks of a river. The chemical factory uses the river to discharge its emissions. The food processing plant (located somewhere downstream) suffers damages from the emissions as it requires clean water for its operations. Assuming MAC = 240-2E and MD = 3E, answer the following questions. Draw this diagram before answering the questions below. You will be asked to upload the diagram at the end of this assignment.

(i) If the chemical factory has the right to use the river ( or has the property right), what amount of emissions is it likely to choose when there is no bargaining yet? _____________

(ii) If the chemical factory has the right to use the river ( or has the property right), what amount of emissions is it likely to choose when they reach a bargaining equilibrium? _______________

(iii) If the chemical factory has the right to use the river ( or has the property right), what is the net gain to the chemical factory in the bargaining equilibrium ( i.e from bargaining compared to the situation where they do not bargain)? Remember net gain/benefit means total benefits - total costs.

(iv) If the chemical factory has the right to use the river ( or has the property right), what is the net gain to the food processing plant in the bargaining equilibrium ( i.e from bargaining compared to the situation where they do not bargain)? Remember net gain/benefit means total benefits - total costs.

#make a diagram as well

Discuss the effectiveness of monetary and fiscal policy in a Mundell-Flaming model with floating exchange rates and perfect capital mobility.

1.Define and draw the firm’s production function.
1a. What determinants allow a firm to expand.
1b. Explain why a profit maximizing competitive firm would produce up to the point where price equals marginal costs.

Use a hypothetical balance sheet to explain why a single commercial bank is able to safely lend an amount equal to its holdings of excess reserves. Further, explain why the banking system can in effect create ‘new reserves’ in an amount that is some multiple of the initial level of excess reserves. What makes this possible and what role does the so-called ‘money multiplier’ play in this analysis? Lastly, if the reserve requirement regulation was abolished, what impact would this have on individual and collective bank money creation?

Review the following scenario and respond to the follow-up questions in an APA formatted report of 2400-2600 words. Students will also submit a PowerPoint presentation of no more than 8 slides summarizing the case and your response, to be posted and discussed by peers in Unit 11. Case Tom, Dick, and Harry have been best friends since kindergarten. Tom is the business brain of the group. Dick is the mechanical one and Harry is the creative one. All grown-up, the boys decided that they should start making some serious money to provide for their expanding families. The boys decided that they salvage small scrap metal pieces, nuts, and bolts from junkyards and salvage yards which Harry would design and Dick would cast and weld into decorative art pieces. Tom will raise money from friends and family and look for distribution channels. Dick has a step-daughter, Dorothy, who is 16 and mechanically inclined as well. Dorothy could be Dick’s apprentice. Harry’s wife, Helen, is a recent BBA graduate from Yorkville University specializing in marketing and she could be recruited to help with sales and marketing. Helen’s good friend, Fern, is an award-winning designer with a national home decor chain who the group might be able to induce to join them. Tom’s twin brother, Tim, recently won the lottery and is pursuing his dream to be a photographer. Dick’s wife, Janine, is a real estate agent; she believes she has found an old warehouse in the industrial part of town that could be turned into their headquarters. The owner of the warehouse, Jordan, is retiring and open to the idea of selling or renting the space. How might the business be structured? What might be some of the legal issues that could arise in operating the business and selling the product? What are some of the agreements that might be needed?