Consider the property tax model. Assume that housing supply
curve is upward sloping. Draw the following two diagrams.
1) a diagram showing equilibrium before the property tax on
housing. Indicate equilibrium price, quantity, consumer surplus,
and producer surplus on the diagram.
2) a diagram showing how equilibrium changes due to the property
tax on housing. Specifically, mark the original equilibrium before
tax, the new equilibrium after tax, tax burdens borne by developer
and households, consumer surplus, producer surplus, government tax
revenue, and deadweight loss due to the tax.
In: Economics
A 7800 kg rocket blasts off vertically from the launch pad with a constant upward acceleration of 2.15 m/s2 and feels no appreciable air resistance. When it has reached a height of 575 m , its engines suddenly fail so that the only force acting on it is now gravity. A) What is the maximum height this rocket will reach above the launch pad? b)How much time after engine failure will elapse before the rocket comes crashing down to the launch pad? c)How fast will it be moving just before it crashes?
In: Physics
A 7450 kg rocket blasts off vertically from the launch pad with a constant upward acceleration of 2.25 m/s2 and feels no appreciable air resistance. When it has reached a height of 500 m , its engines suddenly fail so that the only force acting on it is now gravity.
A. What is the maximum height this rocket will reach above the launch pad?
B. How much time after engine failure will elapse before the rocket comes crashing down to the launch pad?
C. How fast will it be moving just before it crashes?
In: Physics
What does Carr mean when he discusses a vanishing advantage?
What does the commoditization of IT mean? What is a commodity? How do you make a product into something that is not a commodity? How does this apply to IT?
The examples of railroads and electricity seem to be similar to IT; are these analogies valid? What is different about IT? How is IT similar to these examples?
What does Carr feel are the new rules for IT? Do you think Carr’s recommendations are strategies that firms should follow? Is there are role for IT in innovation and striving for excellence?
In: Operations Management
Overview Diffusion of innovations (DOI) is a framework which has its root in rural health, where more emphasis on marketing is required in introducing new health behaviors or technologies. It is based on five processes: Innovation Development, Dissemination, Adoption, Implementation, and Maintenance. use of DOI in developing physical activity interventions in children and adolescents. plan your own intervention by using lessons learned from these methods. how students view physical education. Make a 5-point list of what you will do
In: Psychology
The social media industry is highly monopolistic with Facebook, users provide Facebook (and 3rd-party companies) with huge amounts of data in exchange for access to the platform. provides Facebook’s algorithms with a clear picture of your preferences or demand for certain goods/services. Technological underperformance is a welfare cost associated with monopolies. For companies such as Facebook, innovation would be minimal due to lack of competition. a) From Industry perspective, please give some ideas to argue that the market doesn't work badly and the government should not interfere
In: Economics
Regarding the hotel/hospitality industry
Who are the competitors? Is it easy to start a business in this industry? Are there significant entry barriers? What are the dominant characteristics and current trends in your industry?
Discuss industry size in terms of the number of companies, total employment, capital investment, major customers, and annual revenues. What are the driving forces of change in the industry, (e.g., innovation, technology, and buyer preferences and lifestyles)? State how organizations compete within the industry and identify the critical success factors in this industry.
In: Economics
The Product Life Cycle:
The 1st Assignment: Select 4 products in the market today, (1 that fits into each of the 4 product life cycle stages) Introduction, Growth, Maturity and Decline and do the following:
The 2nd Assignment: Look at the Diffusion of Innovation and for either, yourself or a member of your family or both pick a product that you or they purchased that places you or them into each of the 5 categories.
In: Accounting
Keynesian economists focus on the short run business cycle-are we going into another recession or not? If unemploymnet increases then federal unemployment benefits are paid out.
Classical economists focus on what the economic growth rate will be for the next 10 or 20 years. Are there enough incentives built into the economy to promote technological innovation and new business?
Environmentalists worry that the focus on growth-whether short term or long term increases environmental damage and climate change.
Which group would you most identify with and why?
In: Economics
1. Describe the major areas of organizational change that have
impacted Holden. How are managers at Holden managing the types of
changes?
2. A focus and goal of Holden is to be at the forefront of
fashionable outerwear. Explain the role of innovation and how this
has impacted Holden as an organization.
3. Pretend you are working as a manager for Holden and identify a main area of change Holden is managing on a regular basis. Using the seven steps in the change process, outline a proposed plan that describes what change is needed and why it must be implemented.
In: Operations Management