Discuss a us government policy on goods or services

Assignment Help Microeconomics
Reference no: EM1374369

Choose an article in a newspaper or magazine that discusses a United States government policy on goods or services. Analyze the conditions:

Summarize the article using at least three economic terms and theories covered in class.
Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s).
Make a supply and demand graph to describe this change. Be sure to label your graph and clearly indicate the change of the curve.

 

Reference no: EM1374369

Questions Cloud

Find profit maximizing order quantity : A television station is planning the sale of promotional dvds. It can have dvds manufactured by one of two suppliers. Supplier A will charge the station a set up fees of $1200 plus $2 for each dvds;
Supply and demand analysis : Use supply and demand analysis to describe why equilibrium price of apples will increase and the equilibrium quantity will fall if an excise tax is levied on apples.
Multiple choice questions - supply and demand : Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses?
Conduct a bivariate nonlinear conintegration tests : Conduct a bivariate nonlinear conintegration tests using threshold Vector Error Correction (TVEC) methodology. Need to develop Matlab code.
Discuss a us government policy on goods or services : Choose an article in a newspaper or magazine that discusses a United States government policy on goods or services.
Find the total supply in domestic market : The domestic demand and supply for sugar are Qd = 40,000 - 200 P. The foreign supply is QSF = 20,000 + 100 P. Determine the total supply of sugar in the domestic market?
Describe the linear programming problem : Interpret the components of mathematical equations that explain the linear programming problem for each of the following:
Explain the effect on dollar : Suppose that the euro zone is the home "country" and the US is the foreign country, which means that exchange rate, which has the dimensions of local currency per unit of foreign currency, is in units of euros per dollar.
Describe the cutthroat competitors reasons : Describe the cutthroat competitors reasons for not increasing or decreasing his price, thereby accounting for the kink in his demand curve.

Reviews

Write a Review

Microeconomics Questions & Answers

  Proposals of new production process

Your manager comes in with three sets of proposals for a new production process. Each process employs three inputs: land, labor, and capital.

  Computing marginal costs with excel

Using the given table, find out the quantity where MC = ATC. Find out the quantity where ATC is at its minimum. Find out the quantity that is the most efficient operating point for the firm.

  Monopolistically competitive markets

Based upon marginal revenue or marginal cost analysis, explain how output and price are determined in monopolistically competitive markets.

  Examining returns to scale of production function

Consider the production function Q=100L^.5K^.4. Suppose L=1 and K=1 so that Q=100. Explain the nature of returns to scale for this production function.

  How market structure affects market performance

Describe how market structure affects market performance and conduct. Recognize three types of government regulation that aid to enhance market performance

  Simple keynesian model

Using an aggregate supply diagram and aggregate demand or model of the economy, graphically explain and discuss the short-run and long-run effects.

  Demand-quantity demanded-supply

Explain what happens to price and quantity of milk when the following events take place: For each and every event, specify how it effects either demand, quantity demanded, supply, or quantity demanded. It is also important to demonstrate how the ch..

  Question about pricing and promotion

A television station is planning the sale of promotional DVDs. It can have DVDs manufactured by one of two suppliers. Supplier A will charge the station a set-up fees of $1,200 plus $2 for each DVD.

  Repricing the employees stock options to shareholders

The WSJ recently reported that Juniper Networks plans to offer its more than 1000 employees opportunity to reprice their stock options.

  Concepts of scarcity and opportunity costs

Could you identify and describe the concepts of scarcity and opportunity costs. Also, explain the laws of supply and demand and how they are related to the concepts of scarcity and opportunity costs in decision-making.

  Evaluate price elasticity of demand

Evaluate price elasticity of demand

  Waiting and production lines

Give some examples of waiting lines in everyday life. What decisions should managers of such systems consider? Try to consider the production line as well as waiting in the queue.

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