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What are the Big Data user experience ramifications with NETFLIX? Please provide in length.
In your explanation please interpret the components of the change in consumer surplus, producer surplus and total welfare. In other words what do these parts represent?
How can they be important to an argument? What are some of the problems one faces when they are trying to determine authorial intent? Is the author always right about what they intended? Might an argument have a meaning that the author did not intend..
Country: Japan Broaden your statistical profile to include at least five recent (post 2010) statistics to give someone who doesn't know anything about your country a fair understanding of your country’s situation. What are some major demographic tren..
New York Food Vendors Food trucks have become increasingly popular in New York City. However, the Department of Health limits the number of permits that they issue at one time. As a result, the estimated value of a permit is $15,000 for two years, wh..
Speculate about why people in higher income groups vote for reasons that are borne out of a sense of duty rather than from economic interests.
Let's use an oligopoly model to understand why it may be better for competing firms if one of them assumes the role of a price leader (ABI in this story), while others follow (MillerCoors'), relative to a situation where they choose price simultaneou..
Explain the relationship between the price elasticity of demand and total revenue. What are the impacts of various forms of elasticities (elastic, inelastic, unit elastic, etc.) on business decisions and strategies to maximize profit? Is the price el..
Consider the market for aluminum. The Aluminum Company of America (Alcoa) used to control all U.S. sources of bauxite, a key ingredient in the production of aluminum. Given that Alcoa did not sell bauxite to any other companies, Alcoa was a monopolis..
For utility maximization, consumers will purchase different consumption bundles until their marginal utility per dollar are equal.
A small consulting firm is only interested in hiring College graduates (denoted by S), but it does not know how many it should hire in order to be profit maximizing. Assume there is a competitive wage of $20 per hour and the production function is F(..
The following data describe the current conditions in the Money Market. Amount of Money Supplied $100 billion $200 billion $300 billion $400 billion $500 billion $600 billion $700 billion. What happens in this economy if the Amount of Money Supplied ..
Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand affected your purchase. Give specific examples of how the determinants of dema..
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