Consumers-producers and the government of countries

Assignment Help Business Economics
Reference no: EM131244852

How would you make a convincing case that open trade in goods and services as well as free flow of foreign direct investment will enhance the well-being of (a) consumers, (b) producers, and (c) the government of countries? Give specific examples to prove your position.

Reference no: EM131244852

Questions Cloud

Identify and explain any undesirable consequences : Identify and explain any undesirable consequences that could develop from putting this plan into action. Discuss how this will impact the plan. Identify and describe the positive aspects of this plan for law enforcement. Discuss how it could impa..
Compute the optimal profits for the firms : Consider a market with inverse demand P(Q) = 100 - Q and two firms with cost function C(q) = 20q. Find the Stackelberg equilibrium outputs, price and profits (with firm 1 as the leader). Compute the optimal profits for the firms.
Is the idea that we should never kill an innocent human : Does the principle in question above, that we should never kill an innocent human being, apply in all situations or are there exceptions? If there are exceptions, what are they and why? What makes these exceptions acceptable?
Construct a payoff table using the expected-value model : Defective items must be removed and replaced at a cost of $145/defective unit. However, 100 percent of units purchased from vendors are defect-free.
Consumers-producers and the government of countries : How would you make a convincing case that open trade in goods and services as well as free flow of foreign direct investment will enhance the well-being of (a) consumers, (b) producers, and (c) the government of countries? Give specific examples to p..
Explain a specific challenge related to quality and safety : Identify a specific challenge related to quality and safety. Explain how health information technology could be used to address this challenge. Evaluate possible outcomes of the implementation of this technology.
Should these freedoms be limited by law : Can you think of other "personal freedoms" or choices that have significant consequences for other people and society as a whole? Name at least one of them. Should these freedoms be limited by law? Why or why not?
What is four firms concentration ration for this industry : Consider data on U.S. refrigerator sales from 2009. the market shares of the top 4 firms was 12% for Sears, 9% for lowes. 5% for walmart and 3.5% for home depot. firms 5 through 25 combined summed to 20.5 % and all other independents outside the top ..
The insurance industry plays huge role : The insurance industry plays a huge role in the American health care system and absorbs a significant portion of the health care dollar. A single payer system, whether it is a private company or the US government, would eliminate the complex insuranc..

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd