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What is the fast fashion business model?
What might be reasons drive consumers into fast fashion? Explain. (Use the concepts/theories we learn in class, such as conspicuous consumption, taste, sociology of fashion, commodity signs, and brands)
With all the human, social, and environmental costs of fast fashion model, who should be blamed most and who should take the most responsibility to change the model?
How can we make some changes? (actors: manufactures in the developing countries, multinational corporations, consumers in the developed countries, the government in the developing countries, and the government in advance economies)
Suppose a customer is able to consume the following bundles of rice and beans when the initial price of rice(x) is $5 and the initial price of beans(y) is $10. This consumer's initial income is $100 dollar. Draw the budget contraint of the consumer.
An individual's lazy work will result in $200 in sales and $30 in cost. Mike and Kate split the revenue, but they will NOT share their individual cost.
Explain Quantity Theory of Money (QTM) pertaining to money supply and GDP
it’s that season again! You have engaged in a market study to categorize your patients’ willingness to pay for their flu shot into 8 equal sized groups: $40, $35, $30, $25, $20, $15, $10, $5). All of your costs are fixed except labor and materials, w..
Assume that an investor is risk-neutral (i.e. assume that the investor always chooses the investment with the higher expected rate of return even.
Economist A and Economist B get together to discuss the implications of a new government policy that will move a military base from State X to State Y to reduce its operating costs. What are your thoughts about such a policy?
In a sample of 100 days where the machine is working properly all day on how many the days is it expected the machine will be re-calibrated. Show Work.
What are some ways to assist hesitant to demonstrate the potential value of more holistic treatment?
Suppose that in response to a foreign crisis, the government increases defense spending by $50 billion. How would the increase in defense affect the economy? How would the effects differ depending on the size and sign of the output gap when the cr..
Illustrate by use of (several) relative demand curves the set of possible outcomes for the trading equilibrium among Canada, Japan
Compare the elasticity of a monopolistic competitor’s demand with that of a pure competitor and a pure monopolist. Contrast the two market models in terms of productive and allocative efficiency.
If the treasury bill has 35 days remaining to maturity and using a trading year of 360 days calculate the coupon yield.
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