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Question: Review and reflect on the major topics in this course that address the various aspects of the industry:
1. Demand and elasticity
2. Supply and market equilibrium
3. Economic efficiency
4. Pricing
5. Types of competition
Write a research paper based upon a current event. It can be from the list above or can be from a different aspect of managerial economics in actual current events that was discussed or researched in this course. Thoroughly research your topic or issue to identify trends, examine managerial economic principles and standards, make judgments, and prepare recommendations or solutions. Be sure to explore issues of diversity and ethics as related to your topic or issue.
Assess why this particular topic is of interest to you and why organizations should also share this same concern. Your submission should also incorporate interaction with the economic profession. This could involve contacting the local chapter in your area or engaging the professional organizations via social media.
Support your assignment with at least five scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Suppose the average puppy weighs 10 pounds. A sample of 10 puppies yields a sample mean of 13.2 pounds and a sample standard deviation of 2.78 pounds. Assume the population standard deviation is known to be 5.25.
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If the debt-to-GDP ratio rose to 100% and the interest rate on the debt were 5% per year, what fraction of GDP would go toward paying interest on the debt? b.
Free-Market capitalism, government intervention, or a combination of both? Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again. Remember, banks a..
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Jane quit her job at IBM where she earned $50,000 a year. She cashed in $50,000 in corporate bonds that earned 10% interest annually to buy a mini-bus. Jane has decided to buy the mini-bus and set up a commuter service between Lincoln and Omaha.
What are thoughts on the developments in the globalized world economy and its effect on Canada's position in the international environment
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
Describe three problems of using fiscal policy to achieve a precise level of GDP and why is frictional unemployment inevitable in an economy characterised by imperfect job information and non-zero job-search time?
In a speech in late 2011, President Obama argued that: "Probably the single greatest cause of the financial crisis and this brutal recession has been the housing bubble that burst four years ago". What did President Obama mean by the "housing bub..
What do these numbers tell you about the phase of the business cycle in the United States, Euro area, and Japan in 2008? What do these numbers tell us about the relative size of the natural unemployment rates in the United States, the Euro Area, an..
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