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Scenario: Imagine you have been assigned the responsibility of preparing a paper for the governor's next economic conference.
Prepare a 1,050-word paper addressing the following:
Explain why equilibrium of supply and demand is desirable.
Explain the following concepts using the concept of consumer and producer surplus:
Efficiency of markets
Costs of taxation
Benefits of international trade
Discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.
Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles.
Cite a minimum of three peer-reviewed sources, not including your textbook.
Format consistent with APA guidelines.
Describe a time when something you said was misinterpreted by the receiver in a way that had some very negative effects. In retrospect, was there something that you could or should have been done differently?
Provide at least two personal examples or events in your life that illustrate the development of global citizenship based on the outcomes. Analyze how your general education courses influenced you to become a global citizen. Demonstrate critical th..
Walter' has an asset beta of .57, the risk-free rate is 4.3 percent, and the market risk premium is 7.0 percent. What is the equity beta if the firm has a debt-equity ratio of .56? Please show formula and calculations and steps.
What is management? Why is management necessary? How do you think management has evolved? How do the four functions of the management impact organizational success?
Prepare a project plan outline for the Wand project using the 9 knowledge areas of the PMI PMBOK
Analyze the case facts against the laws you have identified, and then give a conclusion as to what the result should be and which party should win the case.
Identify the intellectual property implications in this scenario. Discuss how alternative dispute resolution applies. Identify the ethical dilemma faced by Acme, and the dilemma faced by Beta.
The midpoints formula is an approximation, which is also called the arc elasticity. When the function of the demand curve is known, instead of the arc elasticity, we can calculate the point elasticity. The formula of point elasticity is E = (1/slo..
Your firm produces two products, Q1 and Q2. An economic consulting firm has estimated your cost function to be.
Explain the role of a firm's weighted average cost of capital (WACC) when determining a specific project's cost of capital.
1. Would the answer change if more insurance plans covered the expensive treatment options? 2. What are the economic implications if the facility absorbed the cost of treatment?
Describe the major products that organization provides. Describe the organization's data sources. Describe the organization's primary customers.
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