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Movie theaters generally charge the same ticket price for all movies with evening show times, regardless of popularity. This pricing strategy causes surpluses (empty theater seats) for unpopular fil
The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market econ
Conduct research on economic performance of 1 country over the last ten year, from 2005 to 2014, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemplo
The United States can produce 65,000 units of clothing per year and 250,000 cans of soda. Assume that costs remain constant. For this example, assume that the production possibility frontier (PPF) i
As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings.
From the two businesses’ perspectives, the two products are indistinguishable. The large investment required to build production facilities prohibits other firms from entering this market, and
Using the Federal Reserve Economic Database, determine real GDP (series GDPC1) and potential real GDP (series GDPPOT) for Quarter 4 of 2009. Which scenario has the higher resulting real GDP? Which sc
How does the forecast for 2006 compare with the historical performance of the economy? The spreadsheet Bank of Trust, found on the Excel, provides quarterly data for nominal and real GDP. Use t
Which table represents consumers? Which table represents producers? Explain your reasoning. What are the equilibrium price and quantity for the market for peanut butter candy? Discuss your answer in
What are the benefits and the cost of using a passive approach or an active approach when conducting economic policy? Please be sure to state both the benefits and the costs for both approaches.
Tax incentives for saving. Evaluate both the advocates' position and the critics' position.
Identify economic factors that affect the real GDP, the unemployment rate, the inflation rate, and a key interest rate. How do you predict the economy will perform in the next two years given the cu
If the revenue R is R(p) = – 0.5p2 + 1900p , what unit price p should be charged to maximize revenue? What is the maximum revenue? What recommendations would you give the John Deere Company?
Statistical Techniques discusses correlation and linear regressions. By comparing several variables we are able to see if there is a relationship between the data or if it is unrelated. Using a scat
First, it describes three key inputs (or factors of production) and fixed and variable costs involved in the production of your chosen product or service.
Define the industry related to the product or service produced by the company you selected for your microeconomic/macroeconomic analysis papers (WAL-MART)
Suppose β = 4 α 2 + 3 α δ + 6 δ 2 maximize β subject to the constraint α + δ = 56 where alpha and delta are non-negati
Teratogens affect prenatal development differently according to the specific prenatal stage during which the teratogen is ingested. Identify a specific teratogen and then choose either the embryonic
What makes some healthy and others ill? Healthy People 2020 identifies five Determinants of Health that influence the health of individuals and populations.
While technological progress is generally considered a beneficial necessity, historically it has not always been met with open minds. Throughout history, technological change has often meant that t
Campbell’s had also introduced discounts on its soups in the hopes of attracting price-conscious consumers. After the move failed to generate increased sales, Campbell’s decided to stop
Problem: Economies of scale in information production are enjoyed by A) small borrowers B) small lenders C) large borrowers D) large lenders
What wastes would you eliminate? How would you do so? How would this benefit the overall operations of the organization?
The term paper should be approximately 1,000 words in length. Should include a title page and bibliography. Term Paper topic: Pricing Strategy of Walmart.
What is the market's reaction to your brands, advertising and prices? How do you compare to your competition?