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Why would anyone think that disease should not be completely eliminated? Is this analysis based on opportunity cost or incentives? Explain.
Choose one of these assumptions and provide a criticism of this assumption and a defense of it. Overall, should economist keep using this assumption?
An economics professor and her husband went out to dinner and she observed one of her students. What situations could make the student's behavior rational?
Why does he think this would reduce tailgating? Is his analysis based on opportunity cost or incentives? Explain.
Determine why funding is needed for the company. Determine the sources of funding. Consider self-funding, borrowing, equity, venture capital, etc.
Describe two activities inside your organization, or one inside and one outside your organization, that exhibit economies (or diseconomies) of scope.
Evaluate how a firm is able to estimate whether they are selling elastic or inelastic. Explain how a store can sell more elastic goods.
To what extent does Apple engage in related diversification? To what extent do they engage in unrelated diversification?
Explain what normalization means. Do you think there might be some kinds of valuation homeworks where normalization is not appropriate?
Illustrate how the economy moves to a new short-term position. Illustrate how the economy transitions to its new equilibrium in the middle-run.
Note that the summaries that you write in this class must not contain any exact language from the source (i.e., direct quotes) except.
Explain the importance of opportunity costs to decision-making and how opportunity costs lead to trade.
Explain how an expansionary fiscal policy might affect the economy in terms of economic growth, employment and inflation.
Explain Uber's surge pricing in the context of shifts in supply and demand. Evaluate Uber's surge pricing in the context of price discrimination.
Why did tens of thousands of U.S. workers take part in the Strike for Black Lives on July 21st? Why did some major chains receive millions of dollars in loans?
Discuss three inventory factors that you believe could present problems for a business. Next, create a strategy that would help mitigate these challenges.
Can government intervention in markets sometimes make the situation worse? Provide examples in your response.
New knowledge gained through the research. How the information influences your studies and future career.
Monopolistic competition and oligopoly are market structure that lie between perfect competition and monopoly. Explain differences between the market structure.
What challenges will the U.S. economy face given a higher debt limit for future economic growth?
How would a change in AD and AS affect the economy, respectively? Why do Keynesian economists emphasize AD whereas classical economists emphasize AS?
Briefly explain the country's history (no more than one paragraph). Describe the geographic environment.
What sorts of things do you think should be included in the measurement of a country's well-being?
Analyze the market before Uber's entry. Describe the inefficiency Uber exploited. Explain Uber's surge pricing in the context of shifts in supply and demand.
Examine the shortcomings of GDP in measuring a country's economic health? Discuss using GDP to evaluate the business cycle.