The Oxford English dictionary defines an ethical dilemma as follows: ethical dilemma. a situation in which a person must choose between two courses of action of (apparent) equal moral importance, so that the choice necessarily entails the transgression of an important moral principle. Reflect on your own personal experience in terms of your work life. […]
Discuss and evaluate the role of local, state, and national governments in promoting or retarding the diffusion of hydrofracking.
Answer one question from Part A and one question from Part B. Read each question carefully and answer all parts of the questions you select. Part A: 1. Discuss alternative forms of public transportation systems for urban areas and the political-economic issues in promoting those systems. 2. Can there be a sustainable form of private […]
Choose one theory and explain with the help of this theoretical viewpoint the behaviour at the selected aggregate level, for instance, bounded rationality in the case of individual behaviour.
Individual And Institutional Economic Behaviour Task: Critically evaluate theoretical explanations of behaviour at one level of aggregation. Aspects which need to be included are: Define a level of aggregation (individual, firm, state or supranational or international institutions) Choose one theory and explain with the help of this theoretical viewpoint the behaviour at the selected aggregate […]
Summarize the main points of each article and decide which graph (A, B, C, or D) can be used to explain each event and why.
http://www.cnn.com/2004/LAW/08/17/charley.gouging.charges/index.html http://www.econlib.org/library/Columns/y2007/Mungergouging.html The Problem with Price Gouging Laws (hbr.org) Summarize the main points of each article and decide which graph (A, B, C, or D) can be used to explain each event and why – be specific. More than one graph may apply What is your conclusion? Is price gouging a good thing or not? […]
Explain which graph in our collection – A, B, C, or D – illustrates the shift that you identify by describing the change in price and the change in equilibrium quantity.
Find a news article on the Internet that describes a shift in the supply curve or in the demand curve. The article must be recent (within the last six months) and MUST NOT be from an encyclopedia or reference website that discusses demand and supply. DO NOT use blogs. Use well established business web sites […]
Find the critical point(s) x2e-x, and determine if it (they) is (are) maximum, minimum, or inflection point(s).
For a market, assume that the supply function is given by QS = 0.5P – 10 and the demand function is given by QD = 80 – 0.5P. Write out the inverse supply and demand functions. Find the equilibrium market price and quantity. A sales tax is levied on buyers with a tax rate of […]
Write a research paper on how does the approach contrast with the macroeconomic theory studied on this course?
Write a research paper; Did the British Government elected in May 2010 use the appropriate economic policy tools to reduce the budget deficit? How does the approach contrast with the macroeconomic theory studied on this course?
How can the long-run average cost (LRAC) curve be derived from the short-run average total cost (SRATC) curve?
Prior to beginning work on this discussion forum, read David Trainer’s Sysco Feasts on Economies of Scale for Strong Competitive Advantage (Links to an external site.) as well as Chapter 8 of the textbook. Based on this information, respond to the following: How can the long-run average cost (LRAC) curve be derived from the short-run […]
Distinguish between the short run and the long run and what will differentiate the short run and the long run?
Prior to beginning work on this discussion forum, read Chapter 7 of the textbook. Sarah owns a bakery that has four ovens, one full-time exempt administrative employee, and eight part-time hourly bakers. Based on this information, respond to the following: Distinguish between the short run and the long run. What will differentiate the short run […]
Apply and discuss relevant economic concepts and tools with supporting data to solve this real-life imitating simulation.
Course: Managerial Economics Key objective: discovering zero economic profit in a small-business operating in the perfect competition of market structure. Setting: As a manager and an entrepreneur, you will face a new challenge – business venture structured on the theory of the firm. You are opening a restaurant in your selected town in the State […]