Reference no: EM131753016
Assignment
Purpose of Assignment
Exposes students to subjects that are intended to whet their appetites for further study in economics. Students will use the theory of consumer choice and the impact of the concepts of asymmetric information, political economy, and behavior economics, to describe how consumers make economic decisions.
Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions.
Write a 1,050-word analysis including the following:
• The impact the theory of consumer choice has on:
o Demand curves
o Higher wages
o Higher interest rates
• The role asymmetric information has in many economic transactions.
• The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.
• People are not rational in behavior economics.
Cite a minimum of three peer-reviewed sources not including your textbook.
Format your paper consistent with APA guidelines.
|
At the beginning of the month
: At the beginning of the month, you owned $7,000 of News Corp, $4,000 of First Data, and $9,000 of Whirlpool. The monthly returns for News Corp
|
|
Prepare a table of future taxable and deductible amounts
: Estimated expenses deductible for taxes when paid 1,200,000. Prepare a table of future taxable and deductible amounts
|
|
Mean amount of protein in shelf safe milk is less
: Is there any evidence to suggest that the population mean amount of protein in Shelf Safe Milk is less than the population mean amount of protein in regular.
|
|
What is portfolio return
: The monthly returns for General Dynamics, Starbucks, and Nike were 6.10 percent, -1.38 percent, and -0.55 percent. What is your portfolio return?
|
|
Analyze how consumers make economic decisions
: Analyze how consumers make economic decisions. The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.
|
|
Provide a hybrid manufacturing cost statement
: Provide a hybrid manufacturing cost statement, containing combined activity based costing and process costing.
|
|
How much revenue should be reported
: Dalton Construction Co. contracted to build a bridge for $5,000,000. How much revenue should be reported for 2010? Show your computation
|
|
Concerning the difference between two population means
: You are going to test a hypothesis concerning the difference between two population means.
|
|
Population mean sagittal diameter of women biceps tendons
: Is there any evidence to suggest that the population mean sagittal diameter of women's biceps tendons is different from that of men's biceps tendons?
|