instructions: Briefly answer the question below using economic concepts learned in class. (The answer must be...

instructions: Briefly answer the question below using economic concepts learned in class. (The answer must be grounded in economics in order to receive full credit.)

The Affordable Care Act, or Obama Care as it is sometimes called, had a difficult start partly because it requires everyone to be covered by insurance or they must pay a fine. Why are all required to join? If most people consider health insurance a good thing, why do so many resist buying a plan even when they can afford it? (Assume there are no technical problems involved and the resistance is a rational response.)

Expert Solution

Rahul Sunny answered 2 years ago

Using economic concepts learned in class, economically evaluate a maximum price policy being implemented in Christchurch...

Using economic concepts learned in class, economically evaluate a maximum price policy being implemented in Christchurch on the market for residential rental properties. As part of your answer, explain who wins and who loses from the maximum price policy AND WHY. Also explain whether you think the policy should be implemented or not and why/why not.?

Trade Use economic concepts that you acquired in this class to answer the following question. You...

Trade Use economic concepts that you acquired in this class to answer the following question. You must also supplement your text with researched information that will support your arguments: Describe the positive or negative impact(s) of international trade or of globalization on a developing country or region of your choice. You should include all of the following in your text, but can choose to incorporate more information so as to provide a more complete response: o Briefly describe the country or...

Briefly discuss the following concepts that you have learned in class: a) The Nature of Mathematical...

Briefly discuss the following concepts that you have learned in class: a) The Nature of Mathematical Economics b) Economics Model c) Equilibrium Analysis in Economics d, Linear Models and Matrix Algebra

You should use economic concepts learned throughout the course to support your answer. Given the laws...

You should use economic concepts learned throughout the course to support your answer. Given the laws of supply and demand (to start with) you can expand on the concepts based on your answer. What do you expect the market to look like for higher education as a result of COVID-19? You can generalize your answer and look at the total market for higher education, focus on a specific school, location, rank, etc., Explain what you expect to happen to the...

Instructions: 1- The answer to this question must not exceed 2 standard pages in Ariel font...

Instructions: 1- The answer to this question must not exceed 2 standard pages in Ariel font 12pt 2- Marks will be awarded for format of answers with a logical flow of arguments and points, one mark for each valid point or argument correctly articulated will be awarded 3- Resources used should always be referenced but your ideas and communication of those ideas in line with previous and current course material is most essential Question : In the context of growth...

1. You must explain the issue using appropriate economic theory and concepts and highlight the key...

1. You must explain the issue using appropriate economic theory and concepts and highlight the key points to present your comments. 2. Include relevant argument on social interest, externalities (positive or negative) and public good provision in your discussion. 3. You are encouraged to cite related sources in your writing. Follow the usual citation protocols. (Five paragraphs at least) With some variation among different societies, almost everywhere in the world, gender inequality in the job market is present. This inequality...

Instructions: Read the case Below and answer the question that follow: In the garment industry, quality...

Instructions: Read the case Below and answer the question that follow: In the garment industry, quality control is mainly practiced right from the initial stage of sourcing raw materials to the stage of final finished garment. For textile and apparel industry, product quality is calculated in terms of quality and standard of fibers, yarns, fabric construction, color fastness, surface designs and the final finished garment products. David, the quality manager of an international garment company, states that "quality is ultimately...

Answer the following question ensuring that you apply economic principles or theory related to the concepts...

Answer the following question ensuring that you apply economic principles or theory related to the concepts of benefits, costs and market structure in which a firm operates to inform your analysis and support your decisions. Communicate your ideas with correct grammar, spelling and writing style and support your answer with diagrams and illustrative examples as necessary. Question-- Identify, from media reports on Australian industry, an example of a firm that has significant monopoly power. Identify the inefficiencies in outcomes that...

Analyze a real government policy in the context of the macroeconomic concepts we learned in class....

Analyze a real government policy in the context of the macroeconomic concepts we learned in class. Describe the economic problem this policy attempted to tackle and the intended macroeconomic goals.Explain who were the agents pushing this policy forward. Who opposed the policy? What was the incentive framework of the main agents involved before the policy was implemented? And what was the incentive framework implied by the policy? You must be able to identify groups of people with similar background or...

QUESTION 9 Instructions: Please read the passage below, then answer the questions that follow. ------------------------------------------------------------------------------------------------ Zoey...

QUESTION 9 Instructions: Please read the passage below, then answer the questions that follow. ------------------------------------------------------------------------------------------------ Zoey wanted to buy a new car but was having difficulty deciding what kind of car to buy. She was feeling anxious and wanted to make a decision soon. It was a very cold day in January, and she was preparing for a long day; so Zoey decided to wear her glasses, a long pea coat, and her work satchel. Zoey had conducted some research...

Question