User Account

All Pages

Read florida lawsuits allege price gouging

Assignment Help Microeconomics
Reference no: EM133435978

Assignment:

  1. Read "Florida Lawsuits Allege Price Gouging," and "They Clapped: Can Price-Gouging Laws Prohibit Scarcity?"
  2. Read the article from Chapter 4 in your textbook: "In the News: Price Increases after Disasters" (pages 80-81).
  3. Also read the article - The Problem with Price Gouging Laws The Problem with Price Gouging Laws - Alternative Formats .
  4. Watch the Price Gouging videos above.
  5. Summarize the main points of each article and decide which graph (A, B, C, or D) can be used to explain each event and why - be specific. More than one graph may apply. ( SupplyAndDemandGraphs2.doc Supply and Demand Guide - Alternative Formats and Supply and Demand Graphs.pptx Supply and Demand Powerpoints - Alternative Formats )
  6. What is your conclusion? Is price gouging a good thing or not? Or is it just necessary? Explain why.
  7. Post your views to the discussion board and refer to at least two different concepts from this week's Chapters. Your illustration of concepts MUST include an explanation why you think they are are relevant to the week's topic using specific information from the articles, videos and other research that you have done.

Reference no: EM133435978

Questions Cloud

What is the payback period of this investment : What is the payback period of this investment? Suppose the Internal Rate of Return (IRR) of this investment opportunity is 15%. Based on this information
Methods of training in the traineees post-training : Which statistic would you use to determine whether there was a difference between the three methods of training in the traineees' post-training scores
Why would still be in business despite making zero profit : One of the issues that comes up in this chapter is that firms in a competitive market will have zero profit in the long run.
What risks are present if you take too long to pay : What risks are present if you take too long to pay our accounts payable? What are some analyses you could perform that would provide insight into
Read florida lawsuits allege price gouging : Read "Florida Lawsuits Allege Price Gouging," and "They Clapped: Can Price-Gouging Laws Prohibit Scarcity?"
Different products and services meet those different needs : What are Maslows different needs and how different products and services meet those different needs
How to contact the relevant personnel : How to contact the relevant personnel How long since the identification of the issue must the relevant personnel be contacted for the referral)
How much should you pay every month : Payments are made monthly. If you pay for the house accord-{Ego the loan agreement, how much should you pay every month?
Relationship between the faculty labor union and yurag : they were effectively terminated without the requisite due process. Yurag denied the allegation of Mr. Domingo insisting that there is no employer-employee

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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