Write a report based on the podcasts

Reference no: EM13121518

a) "Scalping World Cup Tickets, Not an Easy Task",

b) "The Economics of Scalping Super Bowl Tickets"

When listening, please pay careful attention to concepts like supply, demand, price, trade, willingness to pay, scalping, markets etc. as narrated in the podcasts and explained in your textbook. Please write a report based on the podcasts & the news article in the text and a critique as well (do you agree with Mankiw's view that "Consenting adults should be able to make economic trades when they think it is to their mutual advantage" or do you think that scalping is a consumer rip-off and hence scalpers should be charged and prosecuted).

Please restrict your report to facts in the podcast and the news item in the text (and the concepts outlined above) to ensure everyone is on even footing.

Reference no: EM13121518

Questions Cloud

Production for the period for conversion costs : A process with no beginning work in process, completed and transferred out 14,000 units during a period and had 7,000 units in the ending work in process that were 50% complete. How much is equivalent units of production for the period for convers..

Calculate the ph of this solution : Consider a solution formed by mixing 61.0 mL of 0.100 M H2SO4, 26.0 mL of 0.100 M HOCl, 25.0 mL of 0.200 M NaOH, 25.0 mL of 0.100 M Ca(OH)2, and 10.0 mL of 0.150 M KOH.

Determine solving equations from word problems : If it takes 4 hours to cover x miles and 5 hours to cover y miles, what is the average speed?

Which word is defined by this statement : 1.The ultimate source of energy for almost all living organisms is.. 2. The life and death of cells are governed by.. 3. An organsim can exchange matter and energy with its surroundings.

Write a report based on the podcasts : write a report based on the podcasts & the news article in the text and a critique as well (do you agree with Mankiw's view that "Consenting adults should be able to make economic trades

Explain how many additional units must the company sell : If the company is presently selling 45,000 units, but plans to spend an additional $108,000 on an advertising program, explain how many additional units must the company sell to earn the same net income it is now making?

Check correct grammer : Last week, my friends and I joined car-pool with our bikes going to Memorial Park. Memorial Park is one of the largest municipal entertaining parks in Houston. "A favorite among Houston's joggers, Memorial Park also features tennis courts, playing fi..

Conversion costs-incurred uniformly : At the end of June there were 6,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred ..

Find profit maximizing quantity to equate marginal revenue : Show that marginal cost and marginal revenue are given by? Show that the profit maximizing quantity which equates marginal revenue and marginal cost is?

User Account

All Pages