How complex pricing models were employed to cause worldwide currencies to weaken or strengthen. Describe the influences that caused the yen to fall. Further, describe the effects on world currencies seen since the writing of this article. How did the Fed’s actions affect worldwide supply and demand? How might you change your buying behavior with the knowledge of how currencies fluctuate?
What do you understand about how gas prices are determined? Do you believe that the policy needs to have changes? State your opinion and support it by using the simple pricing model and external evidence critiquing or supporting your arguments.
Describe your opinion of direct and indirect price discrimination. How do these strategies affect consumers? Do these strategies violate the intent of antitrust laws or do you think they are ethically defensible practices for businesses? Explain your rationale. What factors would have to change to make you change your opinion?