User Account

All Pages

Explain the challenges in measuring consumer surplus

Assignment Help Microeconomics
Reference no: EM131395029

Assignment

Read the articles:

1) Measuring consumer surplus online.

https://www.economist.com/blogs/freeexchange/2013/03/technology-2

2) Net benefits.

https://www.economist.com/news/finance-and-economics/21573091-how-quantify-gains-internet-has-brought-consumers-net-benefits

3) Worstall, Tim. "We're Still Measuring The Digital Economy All Wrong: No Way Is Facebook Worth $10 Per User." Forbes. Forbes, November 5th, 2015.

https://www.forbes.com/sites/timworstall/2015/11/05/were-still-measuring-the-digital-economy-all-wrong-no-way-is-facebook-worth-10-per-user/#7b5edd123671

1) Explain the challenges in measuring consumer surplus of a free product like major online applications, such as Facebook and Google Search.

Reference no: EM131395029

Questions Cloud

How do we fight the human nature : How do we fight the "Human Nature" instinct to rush into water to save a drowning victim or burst into a burning house to reach our loved ones
Description of the target audience the program is intended : In your paper, include: the website name and URL; the program name and developer's name; a description of the target audience the program is intended for, the program objectives and a summary of the program content
You will select an ethical theory utilitarianism : For Assessment 1, you will select an ethical theory Utilitarianism and analyze it as it relates to value dilemmas faced by health care providers.
How would you confront the addiction : Write a 700- to 1,050-word paper in which you answer the following: What were the long-term health problems associated with the addiction, if any? How would you confront the addiction to bring attention to the problem? Explain
Explain the challenges in measuring consumer surplus : Explain the challenges in measuring consumer surplus of a free product like major online applications, such as Facebook and Google Search.
Form of argumentation - animals that live on plant foods : Animals that live on plant foods must eat large quantities of vegetation, and this consumes much of their time. Meat eaters, by contrast, have no need to eat so much or so often.
Discuss your data findings and proposed solutions generated : Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data.
Form of argumentation - equip cars with air bags : Determine whether the following arguments are best interpreted as being inductive or deductive.- We tell people not to speed, but equip cars with air bags in case they do.
How do genetics and the environment work together : How do genetics and the environment work together to create individual differences in personality and abilities? How is intelligence determined?

Reviews

Write a Review

Microeconomics Questions & Answers

  The effectthis omission have on the estimated sales

Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia.Cypress River’s sales vary seasonally.

  Explain the consequences of the drop in rate to the economy

Explain the consequences of the drop in rate to the economy. Mortgage rates dropped again this week, with the 15-year fixed-rate loan hitting a record low, according to a report from mortgage financier Freddie Mac.

  If money is worth 5 percent what is the equivalent present

A $90,000 investment is made. Over a 5 year period, a return of $30,000 occures at the end of the first year. Each successive year yields a return that is 10 percent less than the previous year's return. If money is worth 5 percent, what is the equiv..

  Asymmetry of information between patients and physicians

Physicians may abuse their role as medical advisors to advance their own economic self-interests due to an asymmetry of information between patients and physicians.

  The utility function isu u x yif the 2nd derivative for

the utility function isu u x yif the 2nd derivative for both x and y is greater then 0 does that mean the indifference

  Determine market structure of low-calorie food company

Determine the market structure in which the low-calorie food company operates and analyze short-run and long-run production and cost functions.

  Determining producers surplus

Find out the price p0 = S(q0) at which q0 units will be supplied and compute the corresponding producers' surplus PS. Sketch the supply curve y = S(q) and shade the region whose area represents the producers' surplus.

  The price of good x is px and price of good yis py deduce

a given the following monotonically transformed utility function faced by the consumerlnux y 0.5lnx0.5 lnythe price of

  What after tax rate of return can he expect

Alfred chan decided to buy an old duplex as an investment. After looking for several months, he found a desirable duplex that could be bought for $300,000 cash. He decided that he would rent bought sides of the duplex, and determined that the tota..

  The bertrand and the cournot models

Dear CedWriter, please provide me with a two page essay regarding the Bertrand and the Cournot models of oligopoly. The precise question to be redacted is below.This short Essay shouldn't take more than one or one and a half hours to be written.  The..

  Calculate the arc price elasticity of demand

For each of the following cases, calculate the arc price elasticity of demand, and state whether demand is elastic, inelastic, or unit elastic.

  What is the relation between these two goods

Suppose the market demand function is Qd = 5I + 10P1 - 0.4P2 , where I is income in $1,000 and P1 is price of a related good- What is the relation between these two goods?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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