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Find a current article related to week 6 topic, Project Communications, summarize the article in your own words, and then describe how the article relates to the course concepts.Each article summary will be a minimum of two pages. Additionally, you must cite as per APA 6th Edition rules for references, the article used as the basis for the summary.Academic writing normally includes more than 1 citation with the related reference. Try to find at least 1 other supporting or opposing source.Submission Instructions:
You have been employed as the six sigma champion to introduce the six sigma methodology into a company. The board has asked you to produce a plan of how you would do this. (You can choose any industry and any size of company.)
"When the British government tripled university fees for foreign students in Great Britain, about one-half of them left to study in other countries." What is the implied price elasticity of demand by foreigners for a British education is (in absolute..
Elucidate tools used to pursue expansionary and contractionary fiscal policy.
Consider a market where demand is: P = 6 - Q and supply is S: P = Q. 1. Equilibrium quantity Qe is Total surplus TS is (do not forget to account for the subsidy expenditure SE) Construct a budget neutral subsidy in the above market.
Exclude the appealing logic of the Coase theorem, private actors often fail to resolve on their own the problems caused by externalities.
Explain how much should the store charge for an yearly membership in order to extract the entire consumer surplus via an optimal two-part pricing strategy.
Describe the process/approach a perfectly competitive firm uses in determining it profit-maximizing level of output AND be sure to explain why the firm doesn’t have to establish a profit maximizing selling price for its product. Be specific in your a..
The aggregate supply (AS) and aggregate demand (AD) model describe the condition of the overall economy; this model is used to predict changes in the price level and output from external shocks to the economy and various government policies.
Comprehensively distinguish between expansionary and restrictive fiscal policy. Is the current fiscal policy stance in SA expansionary or restrictive? Motivate your answer comprehensively. (half a page with references)
Calculate the price elasticity of demand for the following products and state whether demand is price elastic, inelastic, or unit elastic, a. Raw sugar prices rose by 3% and raw sugar consumption declined by 2%.
An increase in input prices for rice production; and an improvement in rice production technology. Use diagrams to analyze the effects of these changes on equilibrium price and quantity.
If hotel management decides to price-discriminate in a manner that maximizes profit, what will be the marginal revenue in each of the market segments, A and B?
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