You have three questions to answer for this assignment. Read over the questions and make sure...

You have three questions to answer for this assignment. Read over the questions and make sure to answer all parts. Each answer needs to be a minimum of 250 words.

Use supply and demand analysis to explain why the quantity of word processing software exchanged increases from one year to the next.

Some people will pay a higher price for brand name goods. For example, some people buy Rolls Royces and Rolex watches to impress others. Does knowingly paying higher prices for certain items just to be a “snob” violate the law of demand?

Using market supply and demand analysis, explain why labor union leaders are strong advocates of raising the minimum wage above the equilibrium wage.

Solutions

Expert Solution

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Macroeconomics Econ 231 Banking assignment . Answer the following questions and attach for submission. Make sure...

Macroeconomics Econ 231 Banking assignment . Answer the following questions and attach for submission. Make sure to give full and complete answers with support. Explanations should be a minimum of 5 - 6 sentences each. Why is consumer confidence in banks important to the growth of an economy? What are the short - term and long - term consequences of society not maintain banking accounts?

Read each question carefully, make sure to answer all questions are answered and show your work:...

Read each question carefully, make sure to answer all questions are answered and show your work: 5. Nast stores has derived the following consumer credit-scoring model after years of data collect Y=(0.20 x Employment) + (0.4 x Homeowner) + (0.3 x Cards) Employment = 1 if employed part-time, and 0 if unemployed Cards= 1 if presently has 1-5 credit cards, 0 otherwise Nast determines that a score of at least 0.70 indicates a very good credit risk, and it extends...

Please answer the following questions and show all work and make sure I can read your...

Please answer the following questions and show all work and make sure I can read your writing please. 1) Ethan went on a 10 day fishing trip. The number of small mouth bass caught and released by Ethan each day was as follows. Day 1 2 3 4 5 6 7 8 9 10 # of Fish 9 24 8 9 5 8 9 10 8 10 A. Find the mean, median, and mode B. Find the range, variance, and...

Will rate highly Please make sure to answer all 5 questions! Suppose you have landed successfully...

*****Will rate highly***** Please make sure to answer all 5 questions! Suppose you have landed successfully on a good career path full time position as a "Financial Analyst" with a multinational high tech corporation in our Silicon Valley hub. On your first day on your job, your first project given is ratio/trend analysis of your new employer. Fortunately, you still remember financial analysis techniques discussed in your accounting 1B course final chapter 17, because your instructor required a lot of...

Make a discussion of 1-2 paragraphs about atherosclerosis. Make sure to you answer the follow questions...

Make a discussion of 1-2 paragraphs about atherosclerosis. Make sure to you answer the follow questions in your discussion: What is atherosclerosis and its etiology? In atherosclerosis, blood levels of which bad protein are high? Which protein in the blood causes atherosclerosis? What kind of blood protein reduces the risk of atherosclerosis? What factors can increase and decrease the risk of atherosclerosis?

After reading the article below, make sure to answer the following questions 1. List three ways...

After reading the article below, make sure to answer the following questions 1. List three ways in which the U.S. economy has shown strength in 2019. 2. How many years has it now been since the United States last experienced a recession? 3. What are two signs that the U.S. economy may be slowing down in the second quarter? Please give a 3 sentence explanation of each sign.Do these appear to be one-time issues or do they potentially mark the...

Please make sure that you respond to both passages and follow closely to the three questions...

Please make sure that you respond to both passages and follow closely to the three questions in the prompts (bullets). Do NOT do additional research on the topic. The purpose of the exercise is to analyze the existing passages; not to demonstrate additional research skills. You do not need to provide a Works Cited or Reference page. Note: there is no page limit, however, you need to sufficiently answer the prompts in essay format. Holistic Assessment of Critical Thinking Essay...

Assignment: Operations Make sure you have completed the Learning Activity in this unit before you start...

Assignment: Operations Make sure you have completed the Learning Activity in this unit before you start this Assignment. Using the graphic below, please discuss the inputs, processes, and outputs that pertain to your operations of the business you chose, whether it is a service or a product oriented business. Using these three steps as a reference, how will you satisfy your customers? What core competencies will you have that will set you apart from your competitors? Pick at least two...

There are two stories to read and answer questions on in this week's discussion assignment. Case...

There are two stories to read and answer questions on in this week's discussion assignment. Case #1: Use the following story to complete the questions below: Jessica is a 50-year-old married woman with a genetic autoimmune deficiency; she has had recurrent infective endocarditis. The most recent episodes were a Staphylococcus aureus infection of the mitral valve 16 months ago and a Streptococcus viridans infection of the aortic valve 1 month ago. During the recent hospitalization, an echocardiogram showed moderate aortic...

Read the assignment and answer the questions. You must also upload your Excel file, Word document...

Read the assignment and answer the questions. You must also upload your Excel file, Word document or pdf showing your work. Bodacious Building Co. is considering four different acquisition methods for obtaining pickup trucks. If the contractor’s MARR is 6%, which alternative do you recommend? The alternatives are: Immediate cash purchase of the trucks for $22,500 each, and after five years sell each truck for an estimated $4,900. Lease the trucks for five years for $4,000 per year paid at...

Subjects