User Account

All Pages

What is the product and service that is being sold

Assignment Help Microeconomics
Reference no: EM131512786

Assignment

Answer all parts of it - must be at least 500 words minimum.

Give an example of market that you buy or work in. How does the market work? who is the buyer? Who is the seller in this market? How many buyers are there? How many sellers?

What is the product and/or service that is being sold? How are the prices set in the market?

How is the quality/service set? Are there innovations here, how do they happen? In your market, is there a surplus, shortage or Equilibrium, most of the time? When (if ever) does the market come to Equilibrium? How do you know when there is Equilibrium?

Pick ONLY one Market - either a product and/or service market or a specific Labor Market that you can talk about. Be specific on the above questions about your market.

Reference no: EM131512786

Questions Cloud

Organization about which you have knowledge : Write a brief statement describing an IT acquisition by an organization about which you have knowledge.
Design a program that prompts the user : Draw the hierarchy chart and design the logic (flowchart and pseudocode) for a program for Arnie's Appliances.
What strategy would be most useful to companies interested : In your opinion, is there still political uncertainty in Brazil? What strategy would be the most useful to companies interested in Brazilian investment?
What are the total costs of the production departments : What are the total costs of the production departments (clothing and shoes) after the support department costs of information technology
What is the product and service that is being sold : Give an example of market that you buy or work in. What is the product and/or service that is being sold? How are the prices set in the market?
How models used for valuing stock options can be adapted : Evaluate how models used for valuing stock options can be adapted to other underlying assets such as stock indexes.
Which of the points do you think is most important and why : First, which of the points do you think is most important and why? Secondly, do you believe that this methodology would be effective? Why or why not?
Which target or targets did you consider : which target or targets did you consider? why - why was this your selection - what factors were used? how will the transaction be structured.
In what ways is the trade between countries increasing : In what ways is the trade between countries increasing? Is trade good or bad for US? What is alternative to trade? What kind of lifestyle will the US have then?

Reviews

Write a Review

Microeconomics Questions & Answers

  Youre biomeds resident economic expert harry the ceo is

youre biomeds resident economic expert. harry the ceo is asking you to complete a time-sensitive project that another

  Calculating the unemployment rate

What is the formula for calculating the unemployment rate?

  What are the prospects for an out-of-court settlement

Suppose the damages are $200,000 and each side sees its winning chance at 60 percent. What are the prospects for an out-of-court settlement?

  Analyze the formulation of the capital asset pricing model

Analyze the formulation of the Capital Asset Pricing Model, including the definition of the model with identification of each component. Explain how the CAPM development effectively makes use of the diversification as a foundation for the developm..

  Compared between monopoly and perfect competitive market

Compared between monopoly and perfect competitive market, there is no deadweight loss in the latter one, so the market is claimed to be the most (static) efficient. What is deadweight loss? Why the standard theory says it is bad to society? Now, DWL ..

  Computing marginal cost of production

Construct a table showing the marginal cost of production. What is the minimum price necessary for the company to supply ten thousand copies? How many copies would the company supply at industry prices of $5,500 and $7,000 per ten thousand?

  Legitimate and necessary role of the federal government

It it the legitimate and necessary role of the federal government or the Federal Reserve System to provide "fiscal stimulus"? Under what Constitutional authority? If so, when should stimulus be provided, and how should we determine the size of the st..

  Suppose the own price elasticity of demand for good

Suppose the own price elasticity of demand for good X is -4, its income elasticity is 3, its advertising elasticity is 4, and the cross-price elasticity of demand between it and good Y is 4. Determine how much the consumption of this good will change..

  What are the main kinds of omm costs companies have

What are the main kinds of OMM costs companies have? How does this affect their OMM operations and how do companies design their operating systems to give them a competitive advantage?

  You are responsible for economic policymaking in your

you are responsible for economic policymaking in your country. your desire is to eliminate inflation keeping prices

  Pros and cons of each from a government perspective

Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective

  Compare and contrast the micro and macro-environmental

what products and services will interest these new youth markets?bull compare and contrast the micro and

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