Marketing research committee

Assignment Help Business Management
Reference no: EM131174152

As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper about current microeconomic thought and theory.

Use Principles of Microeconomics, Chs. 1, 2, 3, 4, 5, and 6, as the source for all your information.

Identify the fundamental lessons the Ten Principles of Economics teach about:

  • How people make decisions
  • How people interact
  • How the economy as a whole works

Explain the following to help the committee members understand how markets work:

  • How society manages its scarce resources and benefits from economic interdependence
  • Why the demand curve slopes downward and the supply curve slopes upward
  • Where is the point of equilibrium and what does it determine?
  • The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices

Format consistent with APA guidelines.

Reference no: EM131174152

Questions Cloud

Which theoretical perspective do you find most persuasive : Which theoretical perspective(s) do you find the most persuasive and why when it comes to analyzing EU policymaking? Which is the least persuasive and why? Please incorporate specific examples to support your arguments.
Necessary change in taxes and government spending : Please explain the actions the federal government would take while engaging in expansionary fiscal policy in terms of the following:
What is thought to cause acne : How do you side on the debate on state ownership versus private ownership? - What is thought to cause acne?- What causes some individuals to have mild acne, while others exhibit severe acne?
Explains purpose of simulation and importance of the topic : An introduction that explains the purpose of the simulation and the importance of the topic. A discussion of the relevant readings that address this specific topic.
Marketing research committee : As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper about current microeconomic thought and theory.
Compute the drag caused by the windshield : The windshield on an antique Stutz Bearcat automobile is a flat circular disk approximately 28 in. in diameter. Compute the drag caused by the windshield when the car travels at 60 mph in still air at 40°F.
Unwanted economic policies unwillingly : Being that the government could impose unwanted economic policies unwillingly, what do you think will be domino effect of such actions?
What force is required to hold the plate steady : A flat rectangular plate 8.50 X 11.00 in. in size is inserted into lake water at 60°F from a boat moving at 30 mph. What force is required to hold the plate steady relative to the boat with the flat face toward the water?
What infrastructure required for effective volunteer program : Consider an emerging nonprofit organization with little or no prior volunteer experience. What infrastructure is required to develop an effective volunteer program?

Reviews

Write a Review

Business Management Questions & Answers

  Explain and discuss what is included in calculating gdp

Explain and Discuss what is and what is not included in calculating GDP and Why do total leakages and total injections have to be equal?

  Describe six patterns of working

Describe six patterns of working that have been studied in different countries. Use examples and describe fully.

  Leading and managing differences

Organizations rely on mangers and leaders alike to assist in the process of change implementation and competitive strategies to adequately function as a competitor.

  Explain emphasized global standardization

What do you reason that Robert Goizueta switched from a strategy that emphasized localization towards one that emphasized global standardization?

  Benchmark the codes of conduct used by similar companies

1. Briefly describe your company and then benchmark the codes of conduct used by similar companies in the industry. Critique the codes of conduct of at least three (3) similar companies in order to write codes for your company.

  Economic growth is anincrease in real gdp

Economic growth is anincrease in real GDP, resulting in improved standards of living. Economicgrowth occurs when society either acquires more resources or discovers more efficient ways to use existing resources. What options (nationally andglobally) ..

  Explaining decision-making model

Briefly describe your experience in using the three decision-making models as applied to this scenario.

  Illustrate what is the maturity risk premium for the year

The real risk free rate is 3% pand inflation is expected to be 3% for the next 2 years. A 2 year Treasury security yields 6.2 %. Illustrate what is the Maturity risk premium for the 2 year security?

  Concerns in choosing small firm as supplier for mneyou are

concerns in choosing small firm as supplier for mneyou are a large multi national enterprise mne. what are your major

  Describe five artifacts of cutler and give an example

Describe five artifacts of cutler and give an example of each

  How do firms derive the financing needsthere is a great

how do firms derive the financing needsthere is a great confusion when people talk about financial forecasting.

  When as well as how much will wheeler recognize income

Wheeler purchased two parcels of real property for $10,000 each in Year 1 and held the property for investment. When as well as how much will Wheeler recognize income from the property transactions?

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