The United States has a variety of regulations to address the economic harm resulting from monopoly power in an industry. This includes the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts were aimed at restricting the formation of cartels and monopolies to protect consumers and ensure competition. The article The Oligopoly Problem argued that oligopolies fall through the cracks of these regulations and leave consumers unprotected from harmful business practices where industries are highly concentrated.
Please help me with my microeconomics discussion :(
In: Economics
Does affirmative action still have a future in the united states? On the other hand, increasing numbers of African Americans have joined the middle class by acquiring college degrees, professional jobs, and new homes. On the other hand, blacks are still far more likely than whites to live in poverty, attend poor schools, and lack economic opportunity. Given these differences do we still need affirmative action?
In: Psychology
In: Economics
During the past major recession, upscale hotels in the United States recently cut their prices by 25 percent in an effort to bolster dwindling occupancy rates among business travelers. A survey performed by a major research organization indicated that businesses were becoming wary of bad economic conditions and began resorting to electronic media, such as the Internet and the telephone, to transact business. Assume a company’s budget permits it to spend $6,000 per month on either business travel or electronic media to transact business. In the graph below, illustrate this company's budget set if the price of business travel is $1,200 per trip and the price of electronic media is $600 per hour. In the same graph, illustrate this company's budget set after the price of business travel is reduced by 25 percent. Instruction: Graph both budget sets from where the Quantity of Electronic Media = 0 to where the budget set crosses the X-axis
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In: Economics
The United States has entered into trade agreements with other countries in order to set rules and expectations to increase trade and commerce. Research either NAFTA or the TPP. How the deal you chose impact or will impact foreign trade. What were the benefits and any negative consequences from entering these types of trade agreements?
Identify the problem that is causing the desire for market intervention (please provide the citations used)
In: Economics
The United States has entered into trade agreements with other countries in order to set rules and expectations to increase trade and commerce. Research either NAFTA or the TPP. How the deal you chose impact or will impact foreign trade. What were the benefits and any negative consequences from entering these types of trade agreements?
Identify groups that are impacted both positively and negatively from this policy (please provide citation used)
In: Economics
The United States’ health-related views and laws are shaped by social, political, and historical factors that are often part of the larger debate over individual rights versus the collective good. Based on this idea please discuss your thoughts on the 3 following public health topics.
In: Nursing
In September 2015, the United States Environmental Protection Agency (EPA) disclosed a notice of violation of the Clean Air Act to German automaker Volkswagen Group. The agency reported that Volkswagen had intentionally programmed turbocharged direct injection (TDI) diesel engines to activate their emissions controls only during laboratory emissions testing which caused the vehicles' nitrogen oxide (NOx) output to meet US standards during regulatory testing, but emit up to 40 times more NOx in real-world driving. Volkswagen deployed this programming software in about eleven million cars worldwide, including 500,000 in the United States, in model years 2009 through 2015.
On 4 January 2016, the Justice Department, on behalf of the EPA, filed a lawsuit against VW in a federal court in Detroit. The complaint, seeking up to $46 billion in penalties for Clean Air Act violations
ANALYSE (30 – 50 words)
Identify the issue and why it matters. Determine what you need to find out.
RESEARCH & EVALUATE (200-250 words)
Presentrelevant facts and evidence, or issues.
ANSWER (200-250 words)
Provide your opinion based on your discussion of relevant facts, evidence, or issues.
In: Accounting
In: Biology
Satisfied?A poll taken by the General Social Survey in 2010 asked people in the United States whether they were satisfied with their financial situation. A total of 478 out of 2038 people said they were satisfied. The same question was asked in 2014, and 698 out of 2532 people said they were satisfied.
a. Construct a 95% confidence interval for the difference between the proportion of adults who said they were satisfied in 2014 and the proportion in 2010.
b. A sociologist claims that the proportion of people who are satisfied increased from 2010 to 2014 by more than 0.05. Does the confidence interval contradict this claim?
In: Statistics and Probability