Pick a recently released good or service

Assignment Help Microeconomics
Reference no: EM13243564

"Fundamental Economic Concepts" Please respond to the following:

  • Pick a recently released good or service. Then, determine the factors that must be evaluated regarding the product's supply and demand. Analyze how these factors impact the decision to supply the product indicating the significance of each in the decision-making process.
  • Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.

Reference no: EM13243564

Questions Cloud

The state of glottamora has $100 million remaining in its : The state of Glottamora has $100 million remaining in its budget for the current year. One alternative is to give Glottamorans a one-time tax rebate. Alternatively, two proposals have been made for state expenditures of these funds.
Find out the half-life of benzoyl peroxide in benzene : Determine the half-life of benzoyl peroxide in benzene at 60°C. By how much will the initiator concentration change after 90 minutes of polymerization? Assume kd=2.0x10^-6 L/mol-s
Explain mg-edta is added to a sample to compensate : When Mg-EDTA is added to a sample to compensate for a lack of Mg^+2, why is no blank correction necessary
Find the net cost to obtain the equipment assume : use the following cost index data for each piece of equipmentto update the price that would be paid today original equipment cost indexwhen originallpurchased cost index today varnishbath ..
Pick a recently released good or service : Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.
What environmental law currently up for debate before : What environmental law, currently up for debate before a state or federal government, do you support and why?In your own words, please post a response to the Discussion Board and comment on at least 2 other postings. You will be graded on the quality..
Price level in the goods and services market differ from : Submit a 2-3 page paper using APA formatting responding to the following questions. How will (a) an unexpected 3 percent fall in the price level in the goods and services market differ from.
Elizabeths opportunity cost of selling a widget : Elizabeth's opportunity cost of selling a widget is $18, while Jess values it at $27. Identify the correct statement from the following.
Using excel or other calculation software input the data : Using Excel or other calculation software, input the data you collected in criterion one to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination, indicating how it will influence your deci..

Reviews

Write a Review

Microeconomics Questions & Answers

  Foundations of microeconomics

We make selections as customers every day. Opportunity cost is defined as a person's next best alternative or cost of what you give up when you make a choice.

  Differences between fixed and variable taxes

Assume that the government decreases spending by one hundred billion dollar. What happens to aggregate demand and discuss the differences between fixed and variable taxes.

  What are implications when the government gets involved

What are some of the cost implications of industrialization of family farms What are implications when the government gets involved What are implications for future firm size in the market as a result of the recent drought

  Where the average total cost function is a minimum

For a short-run cost function, which of the following statements is NOT true The average fixed cost function decreases with output. The marginal cost function intersects the average fixed cost function where the average variable cost function is a..

  What does characteristics of a good brand name include

Emil Flores won't buy any coffee except "Blue Mountain"--a relatively expensive type that few stores sell. He used to have to drive about 10 miles out of his way to buy it at a small shop--but now he has persuaded his local supermarket manager to ..

  Which were the main causes of the great depression

Which were the main causes of the Great Depression and why did the Great Depression last so long?

  What are the firms best response functions

What are the two firms' best response functions? Show you calculations and what will be the market price, the market output, the output of each firm and the firms' profits?

  Policy and principles of microeconomic

Suppose that the economy is already in recession, and both President and Congress have declared to do something to restore the economy.

  Efficiency and equity discussion

A competitive market is intended to result in improved efficiency, though it will not necessarily improve equity. That is, a competitive market might encourage efficient production but may not necessarily result in a redistribution of wealth

  Implication of demand of law

Your are the chief economic advisor to the King of Terra. The king has observed that while the price of energy has increased 20 percent over the past five years, consumers have actually increased their energy consumption by 10 percent over the sam..

  How to adjust nominal rate

Suppose that consumption depends on the level of real money balances (on the grounds that real money balances are part of wealth). Show that if real money balances depend on the nominal interest rate, then an increase in the rate of money growth a..

  How would to compare the efficiency of the two outcomes

In the market in which David and Ellen have rent-controlled apartments, Ellen gets an apartment and Charlie does not. In the market with no price controls, the situation is reversed. Charlie gets an apartment and Ellen does not.

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