Analyze the issue using the economic concepts and theory

Assignment Help Microeconomics
Reference no: EM131130863

Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course. Possible concepts include:

• taxes and consumer or producer surplus.
• demand, supply, and equilibrium price of a particular product.
• elasticity on a particular product.
• perfect competition and imperfect competition, such as monopolies.
• labor market, wages, and income inequality.
• poverty and public policy.

Reference no: EM131130863

Questions Cloud

What strategies lawmakers opposed to smoking restrictions : What non-health related arguments did the tobacco industry use to oppose the smoking restrictions?- What strategies did lawmakers opposed to the smoking restrictions use?
Describe your area of expertise : Whatever your expertise, you must have become an expert through first-hand experience, not just by reading about it or doing research online. Describe your area of expertise and teach your readers some of the things you've learned about it
Provide proposal to solve a problem in your local community : Imagine that you own a company that has been asked to provide a proposal to solve a problem in your local community.
Why do financial managers have some difficulty applying capm : Why do financial managers have some difficulty applying CAPM in financial decision making? Generally, what benefit does CAPM provide them?
Analyze the issue using the economic concepts and theory : Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course.
Working in telemarketing makes telephone calls : A woman working in telemarketing makes telephone calls to private homes according to a Poisson process with rate λ = 100 per (working) day. We estimate that the probability that she succeeds in selling her product, on a given call, is equal to 5%,..
Determine the total number of units produced during the year : Badlands, Inc. reports the following information for the year ended December 31: Units sold 640 units Sales price $120 per unit Direct materials $28 per unit Direct labor $9 per unit Variable manufacturing overhead $15 per unit Fixed manufacturing ov..
What are some of the debates concerning the aca : Does Blue Ridge Paper Products' (BRPP) policy differ from a traditional employee stock ownership plan (ESOP)? What are the implications? Are there any ethical concerns in the case? Why? Why not?
How would you describe the author style and tone : The Passage "Turning Off, Dining In" what was the author main point? How would you describe the author's style and tone

Reviews

Write a Review

 

Microeconomics Questions & Answers

  What economic factors might account for industry differences

Coke and Pepsi have sustained their market dominance for more than a century. General Motors and Ford have been hard hit by competition. In one paragraph, explain what economic factors might account for these industry differences.

  How labor market conditions affect worker bargaining power

Compare the job of a delivery person and a computer network administrator. In which of these jobs does a worker have more bargaining power? Why?

  Explain price discriminate

Explain why Monopolistically Competitive firms charge different prices for their products and Oligopolies tend to all charge the same price. Explain why all businesses do not Price Discriminate.

  In two-player one-shot simultaneous-move game each player

in a two-player one-shot simultaneous-move game each player can choose strategy a or strategy b. if both players choose

  Neoclassical economics was a crucial stage in the creation

neoclassical economics was a crucial stage in the creation of a genuinely scientific unified theory of economic

  How would t- balance sheet look like for bank

How the Balance Sheet for Bank Z would look like after it loans out its Money to Mr. Chansa and suppose Mr. Chansa Deposit his Money into Bank-B, How would the T- Balance sheet look like for Bank- B

  Market including marginal production

Market including marginal production, total production, and wage determination. These terms are important in determining how many workers will be hired by a firm.

  A real tension of interests between content owners and users

A real tension of interests between content owners and users

  Explain how you would apply either behavioral theories of

describe how you would apply either behavioral theories of learning or cognitive theories of learning to solve a

  Counted as part of the money supply

Explain which of the following are counted as part of the money supply (M1): a. Checking account deposits b. Stocks

  Based on many years of experience a lecturer in econ241 has

based on many years of experience a lecturer in econ241 has determined that the probability distribution function of x

  What did the article mean by another lehman moment

An article in the Economist referred to the "prospect of another Lehman moment." The article noted that: "Governments are once again having to step in to support their banks." What did the article mean by another "Lehman moment"? Why might Europea..

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