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Understanding how market equilibrium is maintained is essential for business managers. As a manager, it is important to understand how economic principles, and specifically supply and demand, are a part of your everyday business decisions.
Explain the market equilibrating process and compare the demand for food with the demand for Starbuck's coffee. Include academic research to support your ideas.
Consider the following components in your explanation:
- Law of demand and the determinants of demand
- Law of supply and the determinants of supply
- Efficient markets theory
- Surplus and shortage
Create graphs illustrating the equilibrating process in price relation to the shift in supply and demand.
Evaluate the money multiplier? The central bank decides to increase the money supply (M1) by $200 million through an open market operation. How much should it buy in bonds?
Economics of Markets and Organizations
The details about three identical firms operating in Cournot competition are given. The demand curve with marginal revenue, profit maximization, optimum quantity, total demand and market price related questions are answered.
Compare the path of economic growth using GDP, GDP growth, and GDP per capita. Compare the evolution of Agriculture and Manufacture as components of GDP.
Choose any one topic out of the following , • Water , • Energy , • Agriculture , • Forest
Dsecribe a complete business cycle (trough, peak, expansion, recession), focusing on what happens to output, investment, employment in each phase.
Describe the revenue, costs, and profit that Starbucks expected when it entered this market.
Constrained optimisation model
What are the profit-maximizing price and quantity? What will be the profits at these price and output levels?
Future economic glowth
n a competitive market place (pure competition) is it possible to continually sell your product at a price above the average cost of production.
What is your expected rate of return over the one-month holding period?
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