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Using scholarly research, develop a 3-5 page paper discussing your understanding of the following terms:
a. Economicsb. Microeconomicsc. The difference between macro and micro economicsd. Managerial economics
From a managerial perspective discuss the importance of understanding how these variables affect the delivery of services in the not-for-profit sector. In studying an organization you are familiar with, discuss how the firm was managed in terms of adjusting to the extant economic climate. If you were the CEO of said firm, how would you have done things differently and why?
How will dollar devaluation affect businesses and consumers in the twin cities of El Paso, United States, and Juarez, Mexico? Make sure you explain the impact on the twin cities, not just 1 city.
what is economics? please respond to the followingbullidentify a recent purchase that you made and determine how
What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar?
Presume that there is one manufacturer and one retailer. Final inverse demand is P(q) = 100-2q. Marginal cost of the manufacture is 10 and the retailer has a marginal retailing cost of 5 in addition to the wholesale price charged by the manufacturer...
discuss the differences between the microeconomic definitions of supply and demand and the macroeconomic differences of aggregate supply and demand. Discuss what determines supply and demand and aggregate supply and aggregate demand.
Propose a regression model including the important explanatory variables that a business manager should use in estimating the demand for its product.
in your quest to understand how your employees would be affected by any of the decisions you are going to make you also
1. in addition to the chairman of the board of governors the fomc consists of .nbspa. six rotating members of the board
Use the demand-and- supply diagram for labor in commercial fishing to identify the equilibrium wage rate and quantity of labor. Use the diagram to illustrate the economic rent earned by workers who would fish at wage rates below the market equilib..
Consider the utility function \(U(x,y) = y\sqrt{x}\) a)Does the consumer believe that more is better for each good? b)Do the consumer's preferences exhibit a diminishing marginal utility of x? Is the marginal utility of y diminishing?
For a firm in a perfectly competitive market, the total revenue curve, TR, is unusually easy to draw. What will it look like? Draw TR in your figure. Remember that if you sell nothing, your revenue is zero. The price of the good is 2.20.
You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your ..
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