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Select a news article dated within the previous two months, and analyze the issue using the economic concepts and theory. Five to six-page, double-spaced paper that advocates a position on this issue. Beginning with a concise summary paragraph that (1) states the problem and (2) summarizes your position. The remainder of the paper should support and explain your position. The paper should include at least one graph developed and define all economic concepts used to build your argument. Possible graphs/concepts/theories to use in your paper include:Taxes, consumer or producer surplus, and welfareDemand, supply, and equilibrium price of a particular product or productsTotal benefit and cost curvesProduction function and isocost curvesLong-run and short-run costsIndifference curves, indifference curves and budget linePrice elasticities of supply and demand, or income elasticity, on a particular product or productsPerfect competition and imperfect competition, such as monopolies
From the scenario, determine to the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Provide a rationale for your response. Examine the common price setting strategies of airlines ..
What would be the impact of raising the federal minimum wage? What are the benefits of government regulation of air pollution from automobiles? What are the costs of this regulation?
Discuss how organizational architecture and corporate culture are related. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture.
When there are economies of scope in two products which are separately produced by two companies, merging into a single firm can
1. the abner corporation a retail seller of television sets wants to determine how many television sets it must sell in
1.Why will the short run consumption function be different from the long run consumption function?
Mid-Atlantic Cinema, runs a chain of movie theaters in east central states and has enjoyed great success with a Tuesday Night at the Movies promotion.
How would your answer to question 3 change if you were told that the data represent 10 different plants during a particular month of the year?
Draw the individual cost curves on one graph: marginal cost, average total cost, average ?xed cost, and average variable cost. Place costs ($) on the y-axis and quantity (Q) on the x-axis.
From the scenario, examine the major implications for firms entering into a merger. Develop key guidelines to follow when creating the terms of the merger in order to benefit all parties concerned. Examine two (2) organizational forms of business (e...
Explain how the vision that you have developed can be used to guide and motivate product development teams. How will it inspire others team leaders and team members?
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought.
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