Reference no: EM132774299
As part of a marketing research committee for your organization, you have been assigned the task of preparing a research paper about current microeconomic thought and theory.
Use Principles of Microeconomics, Chs. 1, 2, 3, 4, 5, and 6, as the source for all your information.
Identify the fundamental lessons the Ten Principles of Economics teach about:
How people make decisions
How people interact
How the economy as a whole works
Explain the following to help the committee members understand how markets work:
How society manages its scarce resources and benefits from economic interdependence
Why the demand curve slopes downward and the supply curve slopes upward
Where is the point of equilibrium and what does it determine?
The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices.
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Find how much would depletion expense for the first year
: The company expected to extract 5 million tons of mine from this land over the next 20 years, How much would be the depletion expense for the first year?
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Define how attribution-based perspective enhances innovation
: Find another article that adds to the overall findings of the case and note how attribution-based perspective enhances successful innovation implementations.
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Determination of retailer policy on inventory levels
: Consider a local retailer and analyze its inventory policy (as best you can). Make some determination of the retailer's policy on inventory levels, stock-outs,
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What influences have pressured you to compromise standards
: What sources have helped shape your personal code of ethics and morality? What influences, if any, have ever pressured you to compromise those standards?
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Elasticity on changes in supply and demand
: The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices.
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List and briefly define three classes of intruders
: In no less than 250 words, explain what is meant by an IDS and an IPS. How are they different? How are they connected to a network? List a few examples of IDS.
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Version of effective risk assessment
: Determine if your version of an effective risk assessment tool can adequately assess risk throughout this project.
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What acts have to be considered when recruiting individuals
: You have been tasked with recruiting a new HR Director for your corporation. Discuss in detail the process you would use to gather a pool of highly qualified.
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What are some advantages to your methods
: According to Kirk (2016), The essence of "Formulating Your Brief" is to "identify the context in which your work will be undertaken and then define its aims.
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