Describe the microeconomic principles being used

Reference no: EM13682781

Based on the content presented in the article, describe the microeconomic principles being used, in other words what is the impact for demand? List the different types of market structures that big data benefits the least and benefits the most. While data collection may benefit the business community, discuss the potential concerns for consumers that arise with the proliferation of big data.

Reference no: EM13682781

Questions Cloud

Find the minimum emf the battery charger must supply : A 11.45 Volt battery with internal resistance R1 = 0.1373 is said to be charged by a battery charger that is capable of delivering a current i= 9.7959 Amp. Find the minimum emf the battery charger must be able to supply in order to charger the bat..

What is the ac minimizing quantity for a single firm : Suppose an industry has potential firms with identical technologies with TC = 200 + 2*(Q^2). The demand curve in this industry is D(p) = 18 - ¼ p.

Determine what will be the terminal speed : A bobsled has a frontal area of 0.87 m2 and a coefficient of drag of 0.23. The air density is 1.047 kg/m3. Determine what will be the terminal speed

Compute the speed of the ball after it is struck : A baseball of mass 0.15 kilogram, moving horizontally with a momentum of 6 kg•m/s, is struck head-on by a baseball bat with an impulse of 10 Ns. Compute the speed of the ball after it is struck

Describe the microeconomic principles being used : Describe the microeconomic principles being used

Paralegals working in southeastern wisconsin : Last year there were 5,000 paralegals working in Southeastern Wisconsin, and they earned an average wage of $15.50/hour. This year, there are 4,800 paralegals in the area with an average wage of $13.95/hour.

Evaluate what is the liquid index of refraction : A laser beam in air is incident on a liquid at an angle of 53 degree with respect to the normal. The laser beams angle in the liquid is 35 degree. Evaluate what is the liquid index of refraction

Obtain the maximum angle a light ray can make : The glass core of an optical fiber has an index of refraction of 1.60. The index of refraction of the cladding surrounding the fiber is 1.48. Obtain the maximum angle a light ray can make

What will happen to the economy : If the housing bubble busting causes the share of output of investment to fall 6% of potential GDP, what will happen to the economy?

User Account

All Pages