How the economic idea plays a prominent role in the story

Assignment Help Microeconomics
Reference no: EM133195558

Assignment:

In this forum, you must read one of the articles above or listen to one of the podcasts and provide a summary of the article or podcast, you must explain an economic idea contained in this story. This should relate to something from the text book reading. Specifically, note how the economic idea plays a prominent role in the story. In the third paragraph, you must explain what you think about the events in the story. You do not have to agree with what is going on, but you do need to provide your reaction to it. This is your chance to express yourself: what are your opinions? Be sure to defend your position. Finally, what do you think is a Christian response to this situation? Provide details to support your view (in other words, do not just say "Christians wouldn't act the same way as economists").

Topics:

  • Why cut tuition if students keep coming?: University of San Diego says they will try to slow tuition increases
  • Getting back on your feet gets harder with minimum wage hike: Felony Franks Restaurant Closes
  • Tax that wicked sugar: Mexico's Sugar Tax Leads to Fall in Consumption for Second Year Running
  • PODCAST: What should the government do? Lighthouses, autopsies and the federal budget
  • Another rate hike in the future? Netflix mulls raising prices again

Reference no: EM133195558

Questions Cloud

Connection between asymmetric information-adverse selection : This video is great at explaining the connection between asymmetric information and adverse selection. Strayer Univeristy. ECO 550.
What is the issue before the court : New York University - good issue statement includes the party names, the name of the rule of law the brief is analyzing, and a key fact.
What can you do to save water and prevent pollution : University of North Texas - what can you do to save water and prevent pollution? Go around your house, pay attention to your habits, look at your landscape,
Explain the main goals of a TB infection control program : Explain the main goals of a TB infection control program; Describe the factors that determine the infectiousness of a tuberculosis (TB) patient
How the economic idea plays a prominent role in the story : Specifically, note how the economic idea plays a prominent role in the story. Liberty University.
Important metrics for operations managers : Southern New Hampshire University - How does each metric support the overall financial performance of the organization? What data would be used to support
Features of a good measurement or policy tool : university of arizona global campus - How public health and urban planning professionals need to measure aspects of the built environment?
Evaluate impact effective teams have on quality outcomes : Description - The purpose of this assignment is to evaluate the impact effective teams can have on quality outcomes.
Explain to your boss all the issues you see that might help : Explain to your boss all the issues you see that might help AA get paid, and might prevent AA from getting paid, for those notes

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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