Why some people obtain extra education while others do not

Assignment Help Microeconomics
Reference no: EM13221184

Conduct a cost-benefit analysis of obtaining a graduate degree. Assess both the short-term and the long-term costs and benefits to determine why some people obtain the extra education while others do not.

Reference no: EM13221184

Questions Cloud

Identify a regional cluster in nsw : Identify a regional cluster in NSW or elsewhere in Australia that currently exists or where such development would enhance the local and national economy.
Discuss netflix sources of competitive advantage : Discuss Netflix's sources of competitive advantage (discuss the concepts of brand, scale economies, data and switching cots, and distribution channels).
Compute the mole fraction of benzene in a solution : Calculate the mole fraction of benzene in a solution of benzene and toluene that has a total vapor pressure of 266mmHg at 60 degrees C. Note that both components contribute to the vapor pressure over the solution.
How the nature of competition has changed in the industry : Discuss the company's business strategy and how it has evolved. What firms are Netflix's most significant competitors, and how the nature of competition has changed in the industry?
Why some people obtain extra education while others do not : Conduct a cost-benefit analysis of obtaining a graduate degree. Assess both the short-term and the long-term costs and benefits to determine why some people obtain the extra education while others do not.
Identify the key industry forces related to profitability : Assess the video industry as of today in terms of industry profitability (use Porter's Five Forces framework and clearly identify the key industry forces related to profitability).
Explain what is the theoretical yield for the reaction : What is the theoretical yield for this reaction under the given conditions:1.49 g H2 is allowed to react with 10.3 g N2
How managers would use the cost-benefit analysis : Provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers to meet production schedules. Determine how managers would use your cost-benefit analysis to make this decision.
What is the impact to future cash-flows that may emerge : With the current U.S. economy in a weakened state, many companies are reluctant to implement any capital improvements or capital expenditures in fear of the economic uncertainty that exists that may negatively impact the cash-flow of the organizat..

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain price elasticity of demand for automobiles measures

The demand curve for a good is very unlikely to be perfectly vertical because A) scarcity and limited income restrict the ability of consumers to afford goods as they become very expensive. B) as the price of a good rises to high enough levels, the ..

  Illustrate the demand and supply graph

The market price of a basic digital cell phone fell due to increased production.Demand for office space in major US cities dropped significantly between 2009 and 2010.

  Laws of supply and demand

Determine what do the laws of supply and demand forecast would be the result of an immediate removal of rent control in terms of price of rental housing and quantity available?

  What change in government purchases and taxes

Suppose instead that the goverment wished to raise GDP to 7,100, but it was unwilling to run a surplus or deficit. Therefore the change in government purchases would have to be matched by and equal change in taxes. What change in government purcha..

  Difference between shutting down and going out of business

You are the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs. What would you do--shut down or continue to operate.

  Describe the impact the differences have on excess quantity

Craft Unions Both industrial and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.

  Solve the partial derivative

Solve the partial derivative

  Estimating optimal output and profit level

Assume that the technology of producing widgets is that every company entering the market has the same total cost curve, as follows; TC=1000+5Q+0.1Q^2

  Calculate the values of change in consumer surplus

Draw a graph to analyse the effects of 40 per cent tariff rate in Korea on the price, domestic supply of and demand for beef, and compare the situation with no tariff case.

  What was a problem caused by using cigarette as currency

Explain how the prices determined in competitive market in theory describe who the price were determined in P.O.W Camp. Discuss weather mechanism of price determination in P.O.W Camp is consistent with the theory

  What can the federal reserve bank do to keep output

Suppose that consumers become pessimistic about the future health of the economy. What will happen to aggregate demand, output, and employment in the short run. Use the AD/AS figure to illustrate.iii) Considering the macroeconomic effects of pessi..

  Run a regression of the percent change in gdp

Explain what the Durbin-Watson statistic from regression indicates and Plot the residuals against time and comment on whether there is a seasonal pattern.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd