Demand and supply of a product of your choice and factors

Assignment Help Business Economics
Reference no: EM131164877 , Length: word count:1000

Choose any One of the topics from the following list:

- Scarce resources- which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem!

- Micro economics - Choose any industry and discuss the reforms done or needed in that industry.

- Demand and supply of a product of your choice and factors that affect the demand and supply sides of the market.

- Market structures like Monopoly, Oligopoly and Monopolistic competition in Australia.

Structure of the Essay

- Introduction - which topic 200 words

- Body- Discuss the topic in the article and with some theory -700 words

- Conclusion 100 words

Note

- More marks for research - choosing a good article on something specific topic from the above list

- There is no need to explain the theory/concepts in the essay on its own

Reference no: EM131164877

Questions Cloud

Develop innovative technologies that support sustainability : Pollution Prevention - which focuses on minimizing or eliminating waste before it is created. Product Stewardship - focuses on all environmental impacts associated with the full life cycle of a product
Can we solve world hunger if so how and if not why : Can we solve world hunger? If so How? If not Why? Can we control population growth? If so How? If not Why? Can we eliminate poverty? If so How? If not Why?
What is the level of sales in units required to achieve : New Visions, Inc. is looking to achieve a net income of 15 percent of sales. Here's the firm's profile: Unit sales price is $10; variable cost per unit is $6; total fixed costs are $40,000. What is the level of sales in units required to achieve a..
Define a coordinate system : For a coordinate system such that the y-axis is going through the points O1 and O2 upwards, outline the solution procedure using solutions in the book for a slider-crank mechanism.
Demand and supply of a product of your choice and factors : HI5003 - Economics for Business Choose any industry and discuss the reforms done or needed in that industry and demand and supply of a product of your choice and factors that affect the demand and supply sides of the market.
Identify what major objectives are for the closeout phase : Research system integration implementation closeout processes and challenges. Identify what the major objectives are for the closeout phase and why this is important to successful completion. Discuss 5 major challenges involved with planning the clos..
Explain how your changes will impact those middle income : What assistance in receiving [purchasing] health care insurance would you propose for these families? Explain how your changes will impact those middle income families who want and can afford premium coverage
Develop a detailed implementation plan : Develop a detailed implementation plan that captures the following: - Testing activities, Final migration activities, Training activities and Project closeout activities.
What information about pricing services would you share : As the manager, what information about pricing services would you share with the physicians? How would you help them make an informed decision about the pricing of this new procedure?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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