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Assignment: The Key Concepts in EconomicsWrite a three to four (3-4) page paper in which you:Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1. Explain how the concept that you identified in Question 2 could affect the U.S. economy.In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.Use at least three (3) quality resources in this assignment with one (1) being your article.
The Marginal product of labor in production process is statistically estimated as MPL=10(K/L)^0.5 Currently the process is using 100 units of K and 121 units of L
Explain how each of the events described above, affected the world market for oil. Specifically, use a supply and demand diagram to explain changes in price and output.
describe the economic theory of regulation. contrast its predictions to the public interest theory of regulation with
select as a case study any global economic event or events currently or recently covered in the news media and write a
If I spent all my money ($450,000) on a new house I could buy a house with 4500 square feet. I settle for a 1500 square foot house. (Each square foot costs the same.) The day after I close the deal a nearby nuclear power plant is condemned and the va..
Consider pollution control in the electric industry. The prices of marketable permits are set by:
Please write a three paragraph summary due next week regarding either the documentary "Inside Job" or "Capitalism: A Love Story." Discuss the financial crisis and how the current state of capitalism impacted average Americans.
a monopolist has a marginal cost of 22 and faces a demand curve of qd280-7p.i solve the monopolists profit maximization
Amityville has a competitive chocolate industry with supply curve Ps =440+Q. While market demand for chocolate is Pd=1200-Q, there are external profits that the citizens of Amityville derive from having
list and briefly describe the three primary tools the fed has to control the money supply and how all three can
to implement the program you must write several subroutines and a main program to operate an engine control unit which
Draw a production possibilities curve (PPC) with an aggregate gauge of medical services Q, on the horizontal axis and an aggregate measure of all other goods and services, Z on the vertical axis. Discuss the implications of the following changes on t..
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