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In 300 -350 words, discuss one current event article and explain how economic theory can be applied to analyze the information presented. Make sure to provide an APA reference to your article. Use the popular news websites listed in the Current Events required readings section for this week.
Economics in the Current News
Websites
When a merger is in the works or potentially in the works, the SEC makes it mandatory NOT to disclose any information. If information is leaked out, especially to the investors, the purchase of stock prices will be altered and as a result, there will..
Supply and demand in a hypothetical market are given by the following equations: Use these equations to find numeric answers for the six items below: Equilibrium price. Equilibrium quantity. The minimum price that would have to prevail in order for a..
If Anne is planning to invest her loan in an asset which she hopes to turn a profit on, Illustrate what is the minimum rate of return she needs to earn.
A market is made up of two consumers. The first has a demand P1 = 1200 – 3q1 and the other has demand P2 = 1200 – 6q2. There is one firm in the market acting like a monopolist with costs = Q2 + 90,000. Suppose the firm implemented at 2 part tariff wh..
Suppose there is a $200 billion recessionary gap. If there are no taxes or imports to restore the economy back to potential GDP how much should government expenditure be changed if the marginal propensity to consume is 0.75? Does government expenditu..
When the government imposes an excise tax on foreign imports:
Fan duel and draft king (daily fantasy sports leagues) have engaged in extensive advertising over the last few months. Construct two payoff matrices showing the payoffs to the firms for two different (medium and high) levels of advertising. use one p..
Under perfect competition, at the profit maximizing level of output:
suppose a monopolist can separate its customers into two groups. If the monopolist practices price discrimination, it will charge the lower price to the group with: The XYZ Company is a profit-maximizing firm with a monopoly in the production of UIC ..
Below are equations representing hypothetical supply and demand curves for apples Supply: P = 0.5 + 0.25 Q Demand P = 14.5 – 0.75 Q. Calculate the quantities produced and consumed of apples in market equilibrium, as well as the price of apples in mar..
Suppose that there is a renewed interest in eating caviar at the same time that the supply of Russian caviar shrinks. What would be the most likely effect of these events on the price and quantity of caviar sold?
People with disabilities face discrimination and barriers that restrict them from participating in society on an equal basis with others every day. Some of the barriers are that people in wheelchairs can't go anywhere by themselves, someone needs to ..
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