Discuss sharing economy from a supply and demand standpoint

Assignment Help Microeconomics
Reference no: EM13924714

Discuss the sharing economy from a supply and demand standpoint. How do companies like Uber and Airbnb affect supply and demand in the markets for shared rides (taxis, limos, etc.) and rented rooms, respectively?

- Why do you think these two companies continue to grow and remain successful?

- Some cities have fought to prevent companies like Uber and Airbnb for being able to conduct business. Explain why cities would do this, and discuss whether you agree or disagree with these cities. (Look up the city of Dallas and its ongoing entanglement with Uber.) - Explain who benefits and who loses when sharing-economy companies like Uber and Airbnb are allowed to operate.

Reference no: EM13924714

Questions Cloud

Developments in the marketing environment : 1) A ________ is a set of procedures and sources managers use to obtain everyday information about developments in the marketing environment.
Annual return mean and standard deviation : Tyler Trucks stock has an annual return mean and standard deviation of 8 percent and 27 percent, respectively. Michael Moped Manufacturing stock has an annual return mean and standard deviation of 19.0 percent and 63 percent, respectively.
What is the stock expected capital gains yield : If D1 = $2.50, g (which is constant) = 7%, and P0 = $45, what is the stock's expected capital gains yield for the coming year?
Actual results of previous accounting periods : Review the Standard costs: wake up and smell the coffee.article. When evaluating performance, many organizations compare current results with the actual results of previous accounting periods. Is an organization that follows this approach likely t..
Discuss sharing economy from a supply and demand standpoint : Discuss the sharing economy from a supply and demand standpoint. How do companies like Uber and Airbnb affect supply and demand in the markets for shared rides (taxis, limos, etc.) and rented rooms, respectively?
Earnings before interest and taxes and net income increase : You have developed the following pro forma income statement for your corporation.(Sales 45764000) (variable costs 2285400) a. If sales should increase by 30 percent. by what percent would earnings before interest and taxes and net income increase?
Structure and function of the main organs : Identify the structure and function of the main organs in at least two organisms, and indicate why they are suited for that environment.
Rate of return on an investment with the cash flows : What is the internal rate of return on an investment with the following cash flows? Year Cash Flow
Developments in the marketing environment : A ________ is a set of procedures and sources managers use to obtain everyday information about developments in the marketing environment.

Reviews

Write a Review

Microeconomics Questions & Answers

  Scenarios demonstrates the concept of free-riding

A school fundraiser raffles off a free trip to Hawaii. Many people purchase raffle tickets, but there is only one winner.

  Legal regulations of conducting business overseas

Identifying the issues surrounding the motivation behind unethical or illegal business operations when the consequences are properly documented

  Calculate an equilibrium income (is) schedule/curve

Calculate an equilibrium income (IS) schedule/curve.  For your answer simply indicate the equilibrium income associated with each different rate of interest.

  Question 1 suppose the expected market demand for tickets

question 1 suppose the expected market demand for tickets to the australian open golf tournament to be held in

  Effect of increase in demand-supply on equilibrium

Show the impact on the equilibrium price and quantity that results from; (1) an increase in demand and (2) an increase in supply.

  Demand for energy in the united states

The demand for energy in the United States is often described as persistently non-cyclical and not sensitive to prices effects. Describe the effect of each of the following on the demand or supply for gasoline.

  What are the different types of unemployment

How do you measure Economic Activity? What are the two ways of measuring GDP and what are the different types of Unemployment?

  Describe the impact the differences have on excess quantity

Craft Unions Both industrial and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.

  What happens to the production possibilities frontier

Where would you plot unemployment on a production possibilities frontier? Where would you plot full employment on a production possibilities frontier? Now presume that is a time of crisis everyone pitches in and works much harder than usual. What hap..

  Determine the interest rate and aggregate demand

Suppose a computer virus disables the nation's automatic tellter machines, making withdrawals from bank accounts less convenient. As a result, people want to keep more money on hand, increasing the deman for money.

  Because of the economic sanctions cast away islands cannot

because of the economic sanctions cast away islands cannot import hollywood movies or dvds. eunyoung is a super genius

  In a competitive industry the market-determined price

In a competitive industry the market-determined price is $12. A firm is currently producing 50 units of output; marginal cost is $15, average total cost is $10 and average variable cost is $7. In order to maximize profit, the firm should:

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