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MACROECONOMICS ASSIGNMENT
300 words.
One of the more confusing topics in economics is the difference between consumer demand and the quantity demanded. Consumer demand is the entire schedule for the demand of a good for all consumers at every price, typically represented by a downwards sloping line. Changes in consumer demand are represented by shifts in the demand curve to the right (more demand) or to the left (less demand). Most of our focus in economics is on what causes shifts in consumer demand. In contrast, the quantity demanded is how much of a good is demanded given the market price; when the price changes, the quantity demanded changes. Changes in the quantity demanded are just reflective of changes in price and represent moving along a give demand curve.
I would like you to pick something that you are familiar with (e.g., motorcycles) and describe what changes in the general economy, technology, or public perception would cause a shift in consumer demand for that good. Do not talk about changes in prices for that good because that would simply change the quantity demanded. Please use one reference in APA format.
Explain how would you evaluate this forecast for your firm.
Sandle Corporation, an accrual-basis, calendar-year taxpayer, sold $15,000 of its products on account to Jim in November, year 1. In year 2, Jim declares bankruptcy and Sandle writes off the account as a bad debt.
What is the difference between a movement along and shift of the demand curve? Show the affect on the equilibrium price and quantity that result from:(1) an increase in demand,(2) an increase in supply, and(3) an increase in both supply and demand..
Compute the price-cost margin for every firm and indicate which has more pricing power and why.
Is price discrimination always wrong? Are there situations where price discrimination is best for society? Support your answer.
A leather shop makes custom-designed hand tooled briefcases and luggage. The shop Make $400 profit from each briefcase and $200 profit for each luggage. The shop has a contract to provide up to a total of 30 products to a store per month.
If the government increases the money supply by 50 percent, and velocity of money and real GDP remain constant
The risk free rate on a 30 year US Treasury Bond is 2.625% and the expected rate of return on the overall stock market is 7%. The BOW lake company has a beta of 1.4. What is the cost of equity?
Suppose policymakers want to return inflation to its 2019 level as quickly as possible and then keep inflation constant. What path should policymakers choose for the real interest rate? What are the resulting paths of output and inflation?
Write a JavaTM GUI application using NetBeansTM Integrated Development Environment (IDE) that calculates the total annual compensation of a salesperson.
The setup activity price driver rate, using the best cost driver for this situation.
Each demand curve must eventually hit the quantity axis because with limited incomes there is always a price so high that there is no demand for the good.
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