Using a Marxist framework, discuss a real-world example of how the internal contradictions of capitalism have played out in

Using a Marxist framework, discuss a real-world example of how the internal contradictions of capitalism have played out in a place, how capitalists have sought to address those contradictions, and with what consequences.

(use and cite some of the sources attached in files) (look at slides attached in files for definition of topics)

Responses should be no more than 500 words, not including references.

Regarding your use of sources: use whatever sources you need to answer the question fully and effectively. Prioritize knowing assigned and optional readings from the course well over bringing in lots of new sources. Use new/outside sources as needed to strengthen arguments or incorporate examples: you should make the significance of outside sources clear in your response.

Please incorporate references into your responses as follows:
In the text:
Anytime you are drawing on an idea from assigned or outside reading, put the author’s name and year of the publication in parentheses at the end of the sentence, e.g. “Treating land, labor, and money as commodities has destructive social consequences that trigger countermovements to protect society from the market (Polanyi, 1944).
Anytime you are directly quoting a text, be sure to use quotation marks and put the author’s name and year of the publication in parentheses at the end of the sentence, e.g. Before market liberalism emerged in 19th century liberalism, “never were…markets more than accessories of economic life. As a rule, the economic system was absorbed in the social system” (Polanyi, 1944, p. 71). If it’s a digital source, just omit the page number.

At the end of your response:
Make a reference list.
For academic sources, the easiest way is to go to Google Scholar, look up the source, click the “cite” button below it, and copy/paste the Harvard or APA formatted citation.
For digital/non academic sources, adapt the APA or Harvard format.
Don’t stress about the reference list too much; make a good faith effort to use either APA or Harvard format

Grading criteria
See criteria for excellent, good, acceptable, and below standard responses

3 pts
Excellent
Fully answers the question; Adheres to other guidelines (such as word limit); Draws on a range of relevant course materials (e.g. assigned readings, podcasts, or videos) and outside sources as appropriate, and; Demonstrates close, critical engagement with, and strong understanding of, course material
2 pts
Good
Fully answers or attempts to fully answer the question; Adheres to other guidelines (such as word limit); Draws on relevant course materials (e.g. assigned readings, podcasts, or videos), and; Demonstrates engagement with, and good understanding of, course material
1 pts
Acceptable
Attempts to fully answer the question, but may miss some key aspect; Mostly adheres to other guidelines (such as word limit) Draws on some relevant course materials (e.g. assigned readings, podcasts, or videos), and; Demonstrates engagement with course material but may exhibit some limited understanding or misunderstanding
0 pts
Below standard
No response submitted or response submitted late; Response fails to respond to the question or is generally poor quality, or does not adhere to basic guidelines (e.g. grossly over word limit)[supanova_question]

Select a company of your choice, one that has been dealing with risk and uncertainty within the last six

Select a company of your choice, one that has been dealing with risk and uncertainty within the last six months, and write a 5 page paper (not including title and sources page) in which you identify risk and identify comprehensive ways to should minimize its negative impacts and address risk while improving profitability.

Instructions
Evaluate a company’s recent actions (within the last six months) dealing with risk and uncertainty.

Offer advice for improving risk management.

Examine an adverse selection problem your company is facing and recommend how it should minimize its negative impact on transactions.

Determine the ways your company is dealing with the moral hazard problem and suggest best practices used in the industry to deal with it.

Identify a principal-agent problem in your company and evaluate the tools it uses to align incentives and improve profitability.

Examine the organizational structure of your company and suggest ways it can be changed to improve the overall profitability.

Use at least five quality academic resources in this assignment. One reference must be about the risk and uncertainty the company has faced in the last six months.

Note: Wikipedia, Investopedia, Course Hero, and similar websites are not acceptable references.

For the best results in your search for resource material, visit the Research Hub.

https://blackboard.strayer.edu/bbcswebdav/institution/_External_Tools/Research_Hub/Research_Hub.html

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Determine solutions to organizational problems that take into account principles of risk management to improve operations and profitability[supanova_question]

Prompt: Draw on the Regulation School to explain how the virtuous circle of post-WWII economic growth became a vicious

Economics Assignment Help Prompt: Draw on the Regulation School to explain how the virtuous circle of post-WWII economic growth became a vicious cycle that led to economic crisis in the 1970s.

(use and cite some of the sources attached in files) (look at slides attached in files for definition of topics)

Responses should be no more than 500 words, not including references.

Regarding your use of sources: use whatever sources you need to answer the question fully and effectively. Prioritize knowing assigned and optional readings from the course well over bringing in lots of new sources. Use new/outside sources as needed to strengthen arguments or incorporate examples: you should make the significance of outside sources clear in your response.

Please incorporate references into your responses as follows:
In the text:
Anytime you are drawing on an idea from assigned or outside reading, put the author’s name and year of the publication in parentheses at the end of the sentence, e.g. “Treating land, labor, and money as commodities has destructive social consequences that trigger countermovements to protect society from the market (Polanyi, 1944).
Anytime you are directly quoting a text, be sure to use quotation marks and put the author’s name and year of the publication in parentheses at the end of the sentence, e.g. Before market liberalism emerged in 19th century liberalism, “never were…markets more than accessories of economic life. As a rule, the economic system was absorbed in the social system” (Polanyi, 1944, p. 71). If it’s a digital source, just omit the page number.

At the end of your response:
Make a reference list.
For academic sources, the easiest way is to go to Google Scholar, look up the source, click the “cite” button below it, and copy/paste the Harvard or APA formatted citation.
For digital/non academic sources, adapt the APA or Harvard format.
Don’t stress about the reference list too much; make a good faith effort to use either APA or Harvard format

Grading criteria
See criteria for excellent, good, acceptable, and below standard responses

3 pts
Excellent
Fully answers the question; Adheres to other guidelines (such as word limit); Draws on a range of relevant course materials (e.g. assigned readings, podcasts, or videos) and outside sources as appropriate, and; Demonstrates close, critical engagement with, and strong understanding of, course material
2 pts
Good
Fully answers or attempts to fully answer the question; Adheres to other guidelines (such as word limit); Draws on relevant course materials (e.g. assigned readings, podcasts, or videos), and; Demonstrates engagement with, and good understanding of, course material
1 pts
Acceptable
Attempts to fully answer the question, but may miss some key aspect; Mostly adheres to other guidelines (such as word limit) Draws on some relevant course materials (e.g. assigned readings, podcasts, or videos), and; Demonstrates engagement with course material but may exhibit some limited understanding or misunderstanding
0 pts
Below standard
No response submitted or response submitted late; Response fails to respond to the question or is generally poor quality, or does not adhere to basic guidelines (e.g. grossly over word limit)[supanova_question]

Please write an essay addressing the following question (and submit in a Word or pdf file through turnitin): The standard

Please write an essay addressing the following question (and submit in a Word or pdf file through turnitin): The standard measure of national production is gross domestic product (GDP), but this measure does not include all production of all goods and services that have a positive use value. For example, GDP does not include household production of goods and services because these were deemed to be too difficult to quantify by the early designers of the GDP. Please write a short essay (1-3 pages double spaced) explaining the value of household production. Also, specifically address the following question: How does the omission of household production bias GDP as a measure of real economic production? (Hint: You should largely rely on the material from Chapters 2 and 3 of the textbook, as well as the lectures and discussion sections)[supanova_question]

Briefly summarize the article in 2-3 paragraphs – 1 point Discuss how the article relates to this week’s material

Briefly summarize the article in 2-3 paragraphs – 1 point
Discuss how the article relates to this week’s material – 1 point
What is one thing you learned from reading the article? – 1 point

“This week’s material” is Monopolistic Competition and Product Differentiation. Below is a chapter summary from my Ebook

Monopolistic competition is a market structure in which there are many competing producers, each producing a differentiated product, and there is free entry and exit in the long run. Product differentiation takes three main forms: by style or type, by location, or by quality. Products of competing sellers are considered imperfect substitutes, and each firm has its own downward-sloping demand curve and marginal revenue curve.
Short-run profits will attract entry of new firms in the long run. This reduces the quantity each existing producer sells at any given price and shifts its demand curve to the left. Short-run losses will induce exit by some firms in the long run. This shifts the demand curve of each remaining firm to the right.
In the long run, a monopolistically competitive industry is in zero-profit equilibrium: at its profit-maximizing quantity, the demand curve for each existing firm is tangent to its average total cost curve. There are zero profits in the industry and no entry or exit.
In long-run equilibrium, firms in a monopolistically competitive industry sell at a price greater than marginal cost. They also have excess capacity because they produce less than the minimum-cost output; as a result, they have higher costs than firms in a perfectly competitive industry. Whether or not monopolistic competition is inefficient is ambiguous because consumers value the diversity of products that it creates.
A monopolistically competitive firm will always prefer to make an additional sale at the going price, so it will engage in advertising to increase demand for its product and enhance its market power. Advertising and brand names that provide useful information to consumers are economically valuable. But they are economically wasteful when their only purpose is to create market power. In reality, advertising and brand names are likely to be some of both: economically valuable and economically wasteful.[supanova_question]

Describe how the Federal Reserve is organized. Identify the Fed’s three primary policy tools and how they alter the

Describe how the Federal Reserve is organized.

Identify the Fed’s three primary policy tools and how they alter the economy.

How does the Federal Reserve (“the Fed”) use monetary policy?

What changes have been made to the policy to correct for the economic challenges over the past 20 years?[supanova_question]

The final is not a research paper. You may cite material from class or other sources, but this is

Economics Assignment Help The final is not a research paper. You may cite material from class or other sources, but this is not required. Any quotation should be brief.

Must answer:

1) Describe the transition from individualistic liberalism to democratic socialism in the late nineteenth century and early twentieth century. Describe the thought of Thomas Hill Green and Harold Laski.

Answer two of the three following questions:

2) Discuss John Stuart Mill’s thought on utilitarianism and socialism. How do Mill’s ideas on socialism follow from his ideas on utilitarianism?

3) Discuss the thought of Jeremy Bentham. To what extent do Bentham’s ideas underly modern economic theory?

4) Discuss the thought of Karl Marx. How is Marx’s thought similar to and different from other economic thinkers considered this quarter?[supanova_question]

(“Market Reasoning as Moral Reasoning: Why Economists Should Re-engage with Political Philosophy”)

The second required reading response is Michael Sandel’s “Market reasoning as moral reasoning: why economists should re-engage with political philosophy (Links to an external site.)”, which, like reading response 1, is from the Journal of Economic Perspectives. We heard then from two sociologists about how their approach to understanding racial discrimination was different from the “standard” economic approach; this time we’ll hear from a philosopher about how he sees economists’ approach to morality and why he advocates for a shift in perspective.

I placed this article in the topic 8 notes, since in that topic we’ll be taking some time to explicitly consider the ethics of neoclassical economics and a few simple examples of conceptions of fairness and wellbeing in a society. Of course, the issues that Sandel raises are relevant throughout economics, so the reading is not specifically related to material from any one topic in our course!

Just like last time, please write 300-500 words on your reflections on the article (I don’t mind if you go slightly over the word count if you need it to complete your thoughts). And again, please don’t just summarize the article—we’d like to get your reaction and what you took from it! You can write about whatever ideas or connections came to you on reading, but here are some suggestions for things you could consider, if you need some help to get started:

What surprised you, particularly interested you, or confused you about the reading? What examples particularly stood out to you and what do you think we as economists could learn from them? What about examples from your own experience or knowledge? How does the argument of the paper compare to the type of models you’ve studied in your economics training so far (here or in other classes)? What exactly is your take on what Sandel is advocating?[supanova_question]

critical essay, select a developing country of your choice (other than Saudi Arabia) and discuss its main trade characteristics and trade problems. What trade reforms should the government implement? What would be the role of the IMF and the World Bank in these reforms? What policies should the government pursue to achieve strong economic growth?

Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements. Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources. Use Saudi Electronic University academic writing standards and follow APA style guidelines. It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin—Student Guide for step-by-step instructions. Review the grading rubric to see how you will be graded for this assignment.[supanova_question]

Evaluate the impact of at least two United States Supreme Court decisions on the United States economy. Use these

Evaluate the impact of at least two United States Supreme Court decisions on the United States economy.

Use these links to find cases relevant to the assignment topic:

https://charleskochinstitute.org/stories/the-supreme-court-and-economic-freedom-cases/ (Links to an external site.)

https://www.freedomworks.org/content/top-ten-scotus-cases-economic-freedom (Links to an external site.)

[supanova_question]

is kind of a research project it is really easy however I have been really busy with other classes and forgot about this. I am looking for someone to write a paper with graphs about the current global economic outlook and the united states economy ( gross domestic product, inflation, unemployment, interest rates, exchange rates, etc.)

Economics Assignment Help This assignment is kind of a research project it is really easy however I have been really busy with other classes and forgot about this. I am looking for someone to write a paper with graphs about the current global economic outlook and the united states economy ( gross domestic product, inflation, unemployment, interest rates, exchange rates, etc.) – please use statistics – graphs i would love for the global outlook to be about 2-3 pages and the united states economics outlook to be 2-3 i have uploaded explames of how the professor wold like it done.[supanova_question]

an investment project over 7 different companies, you will need to analyze each company and write a summary of the company and what they do/ produce (this will be the first page). The second page will need to have the company’s competitive position, diversification and differentiation, company outlook, market share/ how well they are positioned in their industry, and source of revenue (you only have to do 3 or 4 of the topics listed above, this is only one page)

This is an investment project over 8 different companies, you will need to analyze each company and write a summary of the company and what they do/ produce (this will be the first page). The second page will need to have the company’s competitive position, diversification, and differentiation, company outlook, market share/ how well they are positioned in their industry, and source of revenue (you only have to do 3 or 4 of the topics listed above, this is only one page) The first page is the picture I uploaded that has the FedEx logo on it that is basically just the summary ( i will add the photo of the graph that is on the bottom) The second page will be the pictures with the two circle graphs, they are two different companies just showing you how and what information can be used for this page. I am willing to pay for quality work!!!!!!!!! This is a 16-page assignment however the first page is just a summary of the company and only needs to be about a half of page (i will add a graph on that page) The companies are Apple Inc (the phone company) Netflix JP Morgan Chase Enterprise Target Pepsi Co. Airbnb Exxon Mobil This project is building an investment portfolio[supanova_question]

The second required reading response is Michael Sandel’s “Market reasoning as moral reasoning: why economists should re-engage with political Essay

The second required reading response is Michael Sandel’s “Market reasoning as moral reasoning: why economists should re-engage with political philosophy (Links to an external site.)”, which, like reading response 1, is from the Journal of Economic Perspectives. We heard then from two sociologists about how their approach to understanding racial discrimination was different from the “standard” economic approach; this time we’ll hear from a philosopher about how he sees economists’ approach to morality and why he advocates for a shift in perspective.

I placed this article in the topic 8 notes, since in that topic we’ll be taking some time to explicitly consider the ethics of neoclassical economics and a few simple examples of conceptions of fairness and wellbeing in a society. Of course, the issues that Sandel raises are relevant throughout economics, so the reading is not specifically related to material from any one topic in our course!

Just like last time, please write about 400-500 words on your reflections on the article (I don’t mind if you go slightly over the word count if you need it to complete your thoughts). And again, please don’t just summarize the article—we’d like to get your reaction and what you took from it! You can write about whatever ideas or connections came to you on reading, but here are some suggestions for things you could consider, if you need some help to get started:

What surprised you, particularly interested you, or confused you about the reading? What examples particularly stood out to you and what do you think we as economists could learn from them? What about examples from your own experience or knowledge? How does the argument of the paper compare to the type of models you’ve studied in your economics training so far (here or in other classes)? What exactly is your take on what Sandel is advocating?

Please write a short portion relating the article to the topics recently gone through in class. I have posted the slides in case you need to refer to the economics concepts that may appear in the article. Please message me if there is any more questions or clarification.

Article link:https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.27.4.121[supanova_question]

All class participants are expected to prepare a written term paper on a topic from the course. The instructor Essay

All class participants are expected to prepare a written term paper on a topic from the
course. The instructor must approve topics. Students will submit a one-page proposal on
their projects by the fourth week of class.
The purpose of the paper is to exemplify meeting the course objectives as listed in the
exit competencies in this syllabus. The emphasis should be on concepts as they apply to
descriiptive information and not the information itself. Students are expected to
demonstrate the use of concepts presented in this course.
Papers are expected to be approximately 5 to 7 pages in length (typewritten, doublespaced with 1” margins and size 12 font).
The paper should include the following:
a) Table of Contents
b) Introduction
c) Background
d) Current thinking/ research [supanova_question]

Summary: Please write three short essays — approximately 1 page double spaced per question — in answer to the each Essay

Economics Assignment Help Summary: Please write three short essays — approximately 1 page double spaced per question — in answer to the each of the following three questions: 1. Describe Adam Smith’s three basic functions of government. Is his list complete? Or are there more functions for government? Briefly describe and explain. 2. Explain why economists use models to analyze economic issues. What are the characteristics of a useful economic model? 3. Do private commercial banks create money? Explain why or why not.[supanova_question]

1.) Discuss how “Managerial Economics helps business students become architects of business tactics and strategy instead of middle managers who

1.) Discuss how “Managerial Economics helps business students become architects of business tactics and strategy instead of middle managers who plod along the beaten path of others”. 2.) Business Week recently declared, “We have entered the Age of the Internet,” and observed that when markets for goods or services gain access to the Internet, more consumers and more businesses participate in the market. Use supply and demand analysis to predict the effect of e-commerce on equilibrium output and equilibrium price of products gaining a presence on the Internet. 3. Using optimization theory, analyze the following quotation: “If Congress cuts out the NASA space station, we will have wasted all the resources that we have already spent on it. Therefore, we must continue funding it.” 4. In terms of the consumer theory set forth in Chapter 5 of your textbook, explain the meaning of the following statement. “I’ll have to flip a coin to decide whether to buy chocolate chip or vanilla ice cream.” 5. Critical Analysis Report 1: Provide a brief summary of a current (within two months of the date of the assignment) article from a Business Publication (See Bibliography/References at the end of the syllabus.), dealing with the application of microeconomics to decision making. Provide an analysis and critique of one sentence from the article. In the analysis, students MUST indicate what microeconomics concept(s), principle(s), theory (theories), etc. is (are) being used (or implied) and if it (they) is (are) being used (or implied) correctly. The sentence being analyzed is also the sentence being critiqued. (In instances where more than one person is addressing the same issue, you will need to analyze and critique sentences for all involved.) Note that professional journal articles in economics are NOT listed in the above sources to be considered for this assignment. Remember: Students are to collectively choose the article being used and submit it to me for verification that it is acceptable, prior to submitting the assignment. The report MUST include an appendix which contains a copy of the section(s) of the article which is(are) relevant to your chosen statement, with the statement(s) being analyzed highlighted. Failure to include the section(s) of the article with the statement(s) being analyzed highlighted will result in a zero grade for the assignment. All graphs/tables are to be included in the body of the report. See the syllabus for further instructions. Submit Report 1.[supanova_question]

Your final project will require you to examine any foreign currency of your choice (preferably one from an emerging

Your final project will require you to examine any foreign currency of your choice (preferably one from an emerging market), and provide an analysis of that currency against the U.S. dollar over the 5-year period ending with 2010. To complete this assignment, examine an exchange-traded fund (ETF) for that currency, perform any additional research you need to do in order to understand the topic, and then write a 750-word paper that summarizes the results of your macroeconomic analysis. To complete the project, you’ll need to research a foreign currency and an ETF for an emerging market that you find interesting, perform a macroeconomic analysis of the currency and write a paper that summarizes your analysis.
To find an ETF fund for a country that you’re interested in, go to an Internet search engine such as Google, and enter the keywords “exchange-traded fund for X,” and replace the “X” with the name of the country of your choice. You can see the history of your chosen ETF, in terms of U.S. dollars, by checking or entering the ETF call letters or ticker symbol in a financial search engine such as Yahoo! Finance.

Step 1: Select a foreign currency as described above.

Step 2: Perform your research. The content of your textbook can be one of your sources. However, your paper should also include at least four independent and reliable sources. Use general Internet search engines and financial search engines to perform your research.

Step 3: Perform your macroeconomic analysis on the material. Remember that you need to provide an analysis of your chosen currency against the U.S. dollar over the 5-year period ending with 2010.

Step 4: Write a first draft of your paper. Your paper should be written using a word-processing program, such as Microsoft Word or a Word-compatible program. Your essay should include a separate title page, and between three and five pages on your topic. The essay should include a brief introduction, several paragraphs that cover the required information, and a conclusion. The last page after the main body of the essay should provide a list of your reference sources.

Step 5: Complete your final draft. Carefully review your written essay, correct any errors, and submit your final draft to your instructor. Use the following Writing Guidelines to complete and submit your essay.

Writing Guidelines
Type your submission, double-spaced, in a standard print font, size 12. Use a standard document format with 1-inch margins. (Do not use any fancy or cursive fonts.)
Read the assignment carefully, and follow the instructions.
Include the following information at the top of your paper:
Name and complete mailing address : (Jessica Herbig 20 Hillside Vlg, Oxford NJ 07863)
Student number : (22851771)
Course title and number (Economics 1, BUS 121)
Graded project number (05047700)
Be specific. Limit your submission to the issues covered by your chosen topic.
Include a reference page in either APA or MLA style. On this page, list Web sites, books, journals, and all other references used in preparing the submission.
Proofread your work carefully. Check for correct spelling, grammar, punctuation, and capitalization.
Content
The student must

Provide a clear discussion of the chosen topic
Address the topic in complete sentences
Support his or her opinion by citing specific information from the textbook, Web sites, and any other references and by using correct APA or MLA guidelines for citations and references
Stay focused on the chosen topic
Write in his or her own words and use quotation marks to indicate direct quotations
Written Communication
The student must

Discuss the topic in complete paragraphs that include an introductory sentence, at least four sentences of explanation, and a concluding sentence
Use correct grammar, spelling, punctuation, and sentence structure
Provide clear organization (for example, uses words like first, however, on the other hand, and so on, consequently, since, next, and when)
Make sure the paper contains no typographical errors
Format
The paper should be double-spaced and typed in font size 12. It must include the student’s

Name and complete mailing address
Student number
Course title and number (Economics 1, BUS 121)
Research project number (0504770)[supanova_question]

Intro: Environmental problems often manifest themselves in the natural environment, but the underlying causes arise from combinations of technological,

Intro:

Environmental problems often manifest themselves in the natural environment, but the underlying causes arise from combinations of technological, economic, social, cultural, behavioral, and political change. These are problems are created by humans. Therefore, have the power to resolve people. The social sciences help us to see these problems as social problems embedded in social systems. The social sciences are therefore fundamental both to ensuring a comprehensive understanding of environmental issues and developing more sustainable development pathways in the future.

Prompt:
The social science concentration focuses on the economic, political, psychological, and sociological impact of humans on the environment. Choose an area of environmental concern and create an engaging 3-5-minute video describing how environmental problem(s) are part of larger social systems where human decisions and activities harm the environment. Examine the problem(s) through the Economics lens. How can we develop sustainable pathways in the future?

Note:

The main purpose is to examine the topic through a social science lens to enhance understanding and propose real solutions. There are no set topics, and your video can take whatever form you feel is appropriate (including animation or interviews) so long as it is clear and understandable to a wider audience. This is due March 5th. Look out for detailed instructions on Canvas.

Note that the content of your video must be supported by research and citation of your source is required.

Some key environmental issues are:

Pollution
Global warming
Overpopulation
Waste disposal
Ocean acidification
Loss of biodiversity
Deforestation
Ozone layer depletion
Acid rain
Public health issues
Source: https://www.conserve-energy-future.com/15-current-environmental-problems.php

Sample Topics:

Curbing climate change has a dollar value — here’s how and why we measure it (Links to an external site.)
Consumed: why more stuff does not mean more happiness (Links to an external site.)
Human contributions to pollution and its economic consequences.
Commercial fishing and the ocean
The impact of climate change on extreme weather losses
Groundwater contamination
The impact of environmental regulations on employment
The impact of pollution on home transactions (buying and selling of homes)
The effects of EPA regulations on paper industry’s labor demand
Do environmental regulations disproportionately affect small businesses?
Do poor and minority populations face environmental injustice?
Does market based policies work to fight climate change?
Are humans depleting earth’s resources?
What’s the value of a clean beach?[supanova_question]

Please answer the following questions regarding diminishing marginal productivity and the supply curve. In your own words, explain the

Economics Assignment Help Please answer the following questions regarding diminishing marginal productivity and the supply curve.

In your own words, explain the law of diminishing marginal productivity. Be sure to mention why the law tends to hold in the short run.
Based on your readings this week, in your opinion which factors impact the supply curve for physicians the most? In your own words, explain how each factor impacts the supply curve.
[supanova_question]

I want both of the essays to be more than 200 words (no need to exceed too much more Essay

I want both of the essays to be more than 200 words (no need to exceed too much more than 200 words). The textbook pages you need for the “AND” and “Advanced Analysis” parts will be attached below. Please ask me if there are any questions. Here is the instruction from my prof.:

Essays Mandatory 30 points (qualitative and quantitative) 30% – Minimum of 200 words.
You must answer the listed two essays as per below–therefore you need to be prepared or better know how to write the answers for both.

1 – Explain the law of Supply. Why does a supply curve slope upward? List and explain fully each of the variables that determine and shift the entire supply curve? Distinguish between a change in the quantity supplied and the change or shift in the supply curve noting the cause of each by illustrating them in a diagram?
Or
2 – Explain the law of Demand. Why does a Demand curve slope downward? List and explain fully each of the variables that determine and shift the entire demand curve? Distinguish between a change in the quantity demanded and the change or shift in the demand curve noting the cause of each by illustrating them in a diagram?
AND
3 – Discussion questions and problems chapter 4 (it will be again covered next class meeting) pages 93/94 as listed below:
Draw a supply and demand graph and identify the areas of consumer surplus and producer surplus. Given the demand curve, what impact will an increase in supply have on the amount of consumer surplus shown in your diagram? Explain why.
Use the ideas of consumer surplus and producer surplus to explain why economists say competitive markets are efficient. Why are below- or above-equilibrium levels of output inefficient, according to these two sets of ideas?

ADVANCED ANALYSIS Assume the following values for Figures 4.7a and 4.7b page 85. Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price is $45 per bag. The price at a is $85 per bag. The price at c is $5 per bag. The price at f is $59 per bag. The price at g is $31 per bag. Apply the formula for the area of a triangle (Area = ½ x Base x Height) to answer the following questions. LO2
a. What is the dollar value of the total surplus (producer surplus plus consumer surplus) when the allocatively efficient output level is being produced? How large is the dollar value of the consumer surplus at that output level?

b. What is the dollar value of the deadweight loss when output level Q2 is being produced? What is the total surplus when output level Q2 is being produced?

c. What is the dollar value of the deadweight loss when output level Q3 is produced? What is the dollar value of the total surplus when output level Q3 is produced?[supanova_question]

Written Assignment 6 Research and describe in detail a market in which the tragedy of the commons has occurred.

Written Assignment 6
Research and describe in detail a market in which the tragedy of the commons has occurred. Identify the common resource at play and also explain the externality that resulted from your particular example. Can that externality be resolved through the Coase theorem? Explain why or why not.

Your response should be a minimum of 200 words and you should cite at least two outside sources using APA format. Be sure you use relevant and reliable sources.

Readings
Chapter 13 in Greenlaw and Shapiro, Principles of Microeconomics 2e

[supanova_question]

Summary: Watch this video and answer the following question: should Dreamers be allowed to become US citizens? We know

Summary:

Watch this video and answer the following question: should Dreamers be allowed to become US citizens?

We know the migration issue is multi-dimensional and difficult. For the US, Dreamers are a particularly complex demographic. After watching this video, what are your thoughts specifically about people who are brought to the US without any independent decision-making of their own (i.e., involuntary migrants)? Does this complication change how we think about their migration status? Why or why not? In your answer, be sure to refer to something specific in the video to support your answer.

https://www.youtube.com/watch?v=khVw22mNmKg

[supanova_question]

Summary: Please write three short essays — approximately 1 page double spaced per question — in answer to the each

Economics Assignment Help Summary: Please write three short essays — approximately 1 page double spaced per question — in answer to the each of the following three questions: 1. Describe Adam Smith’s three basic functions of government. Is his list complete? Or are there more functions for government? Briefly describe and explain. 2. Explain why economists use models to analyze economic issues. What are the characteristics of a useful economic model? 3. Do private commercial banks create money? Explain why or why not.[supanova_question]

Please read my instruction carefully!!!!!! Research Question: How does education level determine the income levels of families? How does

Please read my instruction carefully!!!!!!
Research Question:
How does education level determine the income levels of families?
How does income level affect the attainment levels of children?
What are the main factors which affect educational levels in children?
Does higher income contribute to greater educational levels in children?

I will do the research paper in these 4 research questions, and I upload three academic papers using paper.

Can you figure out what is the empirical methodology used to answer my research questions including clearly written empirical specification(s), Pay attention to subscriipts and define them below equations?
And Build a summary statistics table showing N, mean, SD, min, and max, using the data we are going to use.

Thank you !

[supanova_question]

base HW due March 5th need help please read directions

instructions You will be writing a reaction paper based on a current economic event: the COVID-19 and its impact on the macro-economy. You are asked to pick an article from a newspaper or a magazine that presents an economic event, story, opinion, or experience. Then, your task is to evaluate the story presented in the article using recent economic data. A complete paper will have three clearly marked sections: Introduction, Data Description, and Reaction. The Introduction specifies what you are doing in the paper (1 page) with a summary of the source article; Data Description (the main body of the paper) supports (or refutes) the story presented in the source article using economic data (1 page), and; the Reaction presents whether the story presented in the article is consistent with the recent data, as well as readings from the textbook and other scholarly articles (1 page). You are supposed to support your reaction with at least five scholarly sources. The three sections, combined, present your understanding of a macroeconomic issue in hand (GDP, Unemployment, Inflation, Stock Market, Fiscal Policy, Monetary Policy, etc.). Please follow the guidelines provided in the assignment description. I will be using them as a rubric to grade your paper. Here is a video description of the database project: https://www.youtube.com/watch?v=5eiOVzBDWFU Frequently Asked Questions: Does the article have to be from a printed newspaper, or can it be an online article on a given macroeconomic topic? It does not have to be a physical/online newspaper. It can be an online article. However, you need to Print/Save-as the article in PDF format and submit it along with your paper. No hyperlinks will be accepted. If you don’t submit a PDF copy, you will receive a zero towards this requirement. How do I get the necessary data? Here is a list of some useful data/statistics sources. Bureau of Economic Analysis: http://www.bea.gov/itable/ Bureau of Labor Statistics: http://www.bls.gov/ St. Louis Fed: http://research.stlouisfed.org/fred2/ Resources for Economists: http://rfe.org/showCat.php?cat_id=6 The World Bank: http://databank.worldbank.org/data/home.aspx International Monetary Fund: http://www.imf.org/external/data.htm U of Pennsylvania (Penn World Tables): https://pwt.sas.upenn.edu/ OECD: http://stats.oecd.org/ Economagic: http://economagic.com/ Indexmundi: http://www.indexmundi.com/ Do I answer each question on the rubric, separately? No, you need to write the paper in an essay format that highlights these questions in one of the three sections as appropriate: Introduction, Discussion, and Reaction. Some of the points in the rubric are repeated because I worded them differently for clarification. What do you mean by “choose a topic related to the class discussion”? It means I would like you to pick a topic covered in the course, which could be something discussed during the face-to-face meetings (if any) or the lecture notes/videos posted in the online format. How do I explain, “what does the paper study about”? Describe the main objective of the article. Again, in an essay format, not as bullets. What kind of data does the paper use to answer that question? What kind of data do the authors use? What kind of sample and/or population is used in the article? Or is the article based on the author’s own observations or opinions? How many references should I use? At least five, including the main article. You should use these references to support any claim or argument you make within your paper. Can I use Investopedia/Wikipedia as my sources? No. You can use them understanding the material, but you would have to cite the original articles that they cite. What citation style should I follow? APA style. Both for in-text citations and bibliography. You can read more about it at https://bit.ly/2uyze7X You can use free reference management tools such as ‘Zotero’ to make sure you are referencing your sources efficiently and correctly. https://www.zotero.org/ Can I write more than three pages? Yes. The minimum page requirement is three. A quality paper will be longer. Having said that, I am looking for quality content, not just extra words to make your paper longer. How/where do I submit the paper? Submit your Database Project paper to the appropriate assignment submission folder on Western Online by the due date. No email submissions are accepted. Your submission should include BOTH of the following items: PDF version of the reaction paper (be sure to check the formatting) PDF version of the newspaper/online article (NOT a link to the article). You have never done it before, here is a helpful link: https://pdf.wondershare.com/pdf-knowledge/print-to-pdf-firefox-chrome-ie-safari.html What’s the policy on late submission? Please do your best to submit your work before the deadline. That’s the Golden Rule! After the deadline, your submission will be accepted for a 10% penalty as long as the submission folder is accessible on Western Online. Once the submission folder is not accessible but you find a way to submit it to me in person, your work will be considered for a 50% credit.[supanova_question]

MT445M1-1: Evaluate opportunity costs in the business decision-making process. In this Assessment, you will evaluate economic problems and opportunity

MT445M1-1: Evaluate opportunity costs in the business decision-making process.

In this Assessment, you will evaluate economic problems and opportunity costs to make informed economic decisions to effectively use scarce resources. You will also examine factors that affect production possibilities to determine the maximum possible output, given the resources and the current technology.

Directions

This Assessment presents scenarios in which you will analyze macroeconomic and microeconomic issues, positive and normative economics, shifts in production possibility frontiers, and evaluate the role of opportunity costs in the business decision-making process. It requires a combination of short paragraph answers, computations, and completion of a 450–500 word essay.

Using the Word® template provided, answer the following questions based on the situation.

Section 1: Analyze Microeconomic and Macroeconomic Issues

Analyze whether each of the following is primarily a microeconomic or macroeconomic issue. Briefly explain your answers.

Setting the price for a cup of coffee.
Measuring the impact of tax policies on total household spending in the economy.
A household’s decision regarding whether or not to go on vacation.
A worker’s decision regarding which job to accept.
Designing government policies to address issues with the social security program.
Section 2: Explain Positive and Normative Statements

Explain why each of the following is either a positive or normative economic statement.

A 40-cent-per-pack tax on cigarettes will reduce teenage smoking by 10%.
The federal government should spend more on diabetes research.
Rising paper prices will increase book prices.
The price of bagels at Bruegger’s is too high.
Section 3: Identify and Explain Shifts in the Production Possibility Frontiers

Explain the effect of each of the following on the United States production possibilities frontier (PPF). Does it shift inward, outward, or not at all? Briefly explain your answers.

A decrease in the average length of annual vacations.
An increase in immigration of foreign workers to the U.S.
An increase in the average retirement age.
The migration of skilled U.S. workers to Europe.
Section 4: Identify and Explain Increase and Decrease in Opportunity Costs

Answer the following questions in a 450–500 word essay.

An opportunity cost is the value of the best alternative we forgo to make a decision. The decisions we make typically involve constraints such as time, money, and other resources. “There is no free lunch” in our decision-making; we always encounter opportunity costs. If we decide to do something, it often means that we lose the chance to do something else. Therefore, we need to critically evaluate our decision-making to minimize our opportunity costs based on the viable alternative choices available to us at a given period.

Given the above information as the background, assume parents are evaluating the opportunity costs of stay-at-home moms or dads under different scenarios. You should thoroughly explain whether parent’s decision under each of the following scenarios would increase or decrease the opportunity costs for stay-at-home moms or dads (those who choose not to accept work outside the home).

There is high unemployment rate in the economy. What is its impact on the opportunity cost of stay-at-home mom or dad? Does it increase or decrease the opportunity costs?
There is low average wage rate in the economy. What is its impact on the opportunity cost of stay-at-home mom or dad? Does it increase or decrease the opportunity costs?
There is improvement in the economic conditions that led to high demand for labor. What is its impact on the opportunity cost of stay-at-home mom or dad? Does it increase or decrease the opportunity costs?
Suppose the government lowered income tax rates on wages earned. What is its impact on the opportunity cost of stay-at-home mom or dad? Does it increase or decrease the opportunity costs?
Minimum Submission Requirements

Proper notification of any Resubmission, Repurposing, or Reworking of prior work per the Purdue Global Student Coursework Resubmission, Repurposing, and Reworking Policy Resource.
This Assessment should be a Microsoft Word document. Use this template for your Assessment.
Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your paper should be highly organized, logical, and focused.
Your paper must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.
Your paper should provide a clearly established and sustained viewpoint and purpose.
Your writing should be well ordered, logical and unified, as well as original and insightful.
A separate page at the end of your research paper should contain a list of references, in APA format. Use your textbook, the Library, and the internet for research.
Be sure to cite both in-text and reference list citations were appropriate and reference all sources. Your sources and content should follow proper APA citation style. Review the APA formatting and citation style resources found in the Writing Center. The Writing Center can be found in the Academic Success Center in the Academic Tools area of your course. (It should include a title page, paper is double-spaced, in Times New Roman 12-point font, correct citations, Standard English with no spelling or punctuation errors, and correct references on the last page.)[supanova_question]

When answering these questions be sure to cite any source that you use. Also, be sure to check your

Economics Assignment Help When answering these questions be sure to cite any source that you use. Also, be sure to check your posts for proper grammar and spelling.

Chapter 9
Kaufman and Leigh, “Global Imbalances and the COVID-19 Problem” https://blogs.imf.org/2020/08/04/global-imbalances-and-the-covid-19-crisis/

1. What type of imbalances are/were occurring due to COVID-19 and what ways can they be rectified?
2. Does it matter that any nation runs a current account deficit or surplus?

Chapter 10
Mallaby, “What China could learn from Richard Nixon” https://www.theatlantic.com/magazine/archive/2016/03/what-china-could-learn-from-richard-nixon/426864/

1. What were some of the ways Nixon tried to prop up the U.S. economy?
2. Do we see anything like that today?

Chapter 11
Stiglitz, “America has little to teach China about a steady economy” https://www8.gsb.columbia.edu/faculty/jstiglitz/sites/jstiglitz/files/America_teach_China.pdf

1. What can help alleviate (or at least keep it from going up) U.S. trade imbalances?
2. How can an elimination of China’s trade surplus harm the U.S.?[supanova_question]

follow the flies below and give me an email address or something else, I can send you something like

follow the flies below and give me an email address or something else, I can send you something like an instruction video and program.

you can find some variables that easy for you

if you have any questions, ASK me!

I only need a term paper proposal with the requirements like program or something else in the below files[supanova_question]

This week’s discussion will provide you with an opportunity to apply Froeb’s analytic method. Read the example in the

This week’s discussion will provide you with an opportunity to apply Froeb’s analytic method.

Read the example in the discussion instructions while keeping in mind the following questions:

Who made the bad decision?
What information did they have? And was it good, bad, or unclear?
What was their incentive?
Instructions

Read the following and then respond to the discussion prompt.

Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the antitrust laws, and Intel settled the case by paying $1.25 billion to AMD.
Address the following in your discussion post:

What incentive conflict was being controlled by these loyalty payments?
What advice did Intel ignore when they adopted this practice (consider how the Robinson-Patman Act applies to their practice) and speculate why Intel ignored the advice.
[supanova_question]

REWRITE QUES. (not plagiarism- need to flow as essay with conclusion, not rewrite the questions, full page.

Assignment:

1. An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to “export its way out of trouble” by oversupplying everything from automobiles to semiconductors. Evidence that deflation had become a genuine concern for managers was provided by a statement in the article by John Smith, chairman and CEO of General Motors Corporation: “Fundamentally, something has changed in the economy. In today’s age, you cannot get price increases.” The article offers advice to managers: “Productivity growth lets companies boost profits even as prices fall.” Using short-run production and cost theory comment on this advice.

2. Oversize Transport Inc. supplies custom delivery service for very large construction equipment in the southeast region of United States. The most common lead of the specialty trucker is the Caterpillar model 740 dump truck, which is about 258 feet long. The owner of Oversize Transport, who also drives the firm’s single 275-foot long tractor-trailer rig, chooses to lease this huge piece of capital equipment under a five-year contract requiring monthly lease payments of $5,500 per month. Oversize Transport could not service this profitable market with any rig shorter than 275 feet. A typical delivery takes about a day and a half, so Oversize Transport can make at the most only 20 deliveries per month with its one tractor-trailer rig. Under what circumstances is the tractor-trailer a fixed input? A quasi fixed input?

3. Explain the following terminologies in economics

Spreading the overhead.
A break-even level of production.
The efficiency of mass production?
How does the theory of efficient production apply to managers of government bureaus or departments that are not run for profit? How about non-profit clubs that collect just enough dues from their members to cover the cost of operation?
4. The production function is:

Question 4 equation.png

where a > 0 and b > 0.

a. The marginal product of labor is:

Question 4 Part a.png

b. The marginal product of labor is:

Question 4 Part b.png

c. The marginal rate of technical substitution is

Question 4 Part c.png

d. Show that the isoquants for this production function are convex. (Show that MRTS diminishes as L increases. Why?)

e. Derive the equation for the long-run expansion path.

5. You are planning to estimate a short run production function for your firm, and you have collected the following data on labor usage and output:

Question 5 Table.png

a. Does a cubic equation appear to be suitable specification given these data? You may wish to construct a scatter diagram to help you answer this question.

b. Using a computer for regression analysis, estimate your firm’s short run production function using the data given here. Do the parameter estimates have the appropriate algebra signs? Are they statistically significant at the 5% level?

c. At what point do you estimate marginal product begins to fall?

d. Calculate estimates of total, average and marginal products when the firm employs 23 workers.

e. When the firm employs 23 workers, is short-run marginal cost (SMC) rising or falling? How can you tell?[supanova_question]

Micro Economics Question

Economics Assignment Help All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
[supanova_question]

Select a major recent economic/business event of choice. (I chose Tesla Moving their headquarters to Austin Texas) Look at

Select a major recent economic/business event of choice. (I chose Tesla Moving their headquarters to Austin Texas) Look at the economic implications and deduce how this issue obtained prominent media coverage. Choosing the perspective of one of the parties involved, analyze their public relations efforts and comment on how effective they were in shaping the outcome

Avoid focusing on the elements of a marketing program focused purely on consumers.
This class is about business economics and the strategic implications for PR. So you should focus on the financial impact of the event. You need to look at data as well as messaging and tactics. What happened to the stock or valuation of the company? What was the size of a new market (geographic or demographic)? What were the overall economic implications for your company? What was the business strategy behind the decision? Was it driven by a competitor? What data was used to support the decision?

[supanova_question]

Economics Question

I need help in reflection notes answering the following questions
1. What were the most important new things you learned from the lecture that you did not know before class?
2. What were points discussed in the lecture that you are still confused/unclear about and would like some further clarification on?
3. What topics/questions would you like to learn more about or discuss more based on
the content covered in the lecture?
I will post the lectures notes as a reference
[supanova_question]

Economics Question

Question-1
Bill can produce either tables or chairs. Bill can work up to 10 hours a day. His production possibilities are given in the table below: (3 Marks)

Tables
Chairs
0
200
50
180
60
160
70
140
80
120
90
0
Explain production possibilities frontier (PPF) by putting tables on the Horizontal axis and chairs on the vertical axis. What is Bill’s opportunity cost of producing one additional table?
Currently Bill is producing 70 tables and 140 chairs. Is this allocation of resources efficient? Why?
Show this allocation on the graph and advise Bill how he can be more efficient.

Question-2
Explain by applying these concepts with examples.(2 Marks)
Rational people respond to incentives
Role of prices in allocating resources
Question-3
The table below shows the marginal benefit that Khaled earns from keeping his store open one more hour. Khaled has a marginal cost of $40 per hour. Khaled stays open 20 hours. (3 Marks)
Hours
Marginal Benefit Per Hour
20
200
21
140
22
110
23
70
24
40
25
10
26
0
Do you think Khaled’s decision to stay open 20 hours is optimal? Why?
How many hours do you advise Khaled to stay open? Why?
Question-4
Suppose the market for Computer is given by the following equations for supply and demand:
(2 Marks)
Qd= 3300?2P Qs= 500 8P
Calculate the equilibrium price and quantity.
Sketch the supply and demand curves on a graph indicating the equilibrium quantity and price.
[supanova_question]

Activity 2

Economics Assignment Help Find three REAL world examples of change in demand (shift in demand) or change in supply (shift in supply) or both.
Mention WHAT, WHEN, and WHERE it happened and what were the consequences (i.e. change in price and quantity of the good/service in the new equilibrium). Include a link to the website with the news. Be specific about change in demand/supply and change in quantity demanded/quantity supplied. Be clear and precise. No need to write a one-page essay for each example. Follow the examples below as a guideline.
[supanova_question]

Exercise Micro

Suppose a pure monopolist faces the demand equation of P = 200 – 0.75Q. MC = Q 50.
Solve for Total Revenue.
Solve for Marginal Revenue.
Find the profit-maximizing price.
Find the profit-maximizing quantity.
Suppose Average Total Cost is $145. How much is the profit/loss?
Draw a graph showing the demand, the firm’s marginal revenue, its marginal cost, and its average total cost. Shade in and indicate the profit/loss
[supanova_question]

Econ101-project

This assignment is an individual assignment.
Due date for Assignment 1 is 28/02/2022
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.

Question-1
Bill can produce either tables or chairs. Bill can work up to 10 hours a day. His production possibilities are given in the table below: (3 Marks)

Tables
Chairs
0
200
50
180
60
160
70
140
80
120
90
0
Explain production possibilities frontier (PPF) by putting tables on the Horizontal axis and chairs on the vertical axis. What is Bill’s opportunity cost of producing one additional table?
Currently Bill is producing 70 tables and 140 chairs. Is this allocation of resources efficient? Why?
Show this allocation on the graph and advise Bill how he can be more efficient.

Question-2
Explain by applying these concepts with examples.(2 Marks)
Rational people respond to incentives
Role of prices in allocating resources
Question-3
The table below shows the marginal benefit that Khaled earns from keeping his store open one more hour. Khaled has a marginal cost of $40 per hour. Khaled stays open 20 hours. (3 Marks)
Hours
Marginal Benefit Per Hour
20
200
21
140
22
110
23
70
24
40
25
10
26
0
Do you think Khaled’s decision to stay open 20 hours is optimal? Why?
How many hours do you advise Khaled to stay open? Why?
Question-4
Suppose the market for Computer is given by the following equations for supply and demand:
(2 Marks)
Qd= 3300−2P Qs= 500 8P
Calculate the equilibrium price and quantity.
Sketch the supply and demand curves on a graph indicating the equilibrium quantity and price.

[supanova_question]

ECO3352XTIA-22T3 Problem set 3

Suppose a pure monopolist faces the demand equation of P = 200 – 0.75Q. MC = Q 50.Solve for Total Revenue.
Solve for Marginal Revenue.
Find the profit-maximizing price.
Find the profit-maximizing quantity.
Suppose Average Total Cost is $145. How much is the profit/loss?
Draw a graph showing the demand, the firm’s marginal revenue, its marginal cost, and its average total cost. Shade in and indicate the profit/loss.

[supanova_question]

Econ101-project

Economics Assignment Help This assignment is an individual assignment.
Due date for Assignment 1 is 28/02/2022
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.

Question-1
Bill can produce either tables or chairs. Bill can work up to 10 hours a day. His production possibilities are given in the table below: (3 Marks)

Tables
Chairs
0
200
50
180
60
160
70
140
80
120
90
0
Explain production possibilities frontier (PPF) by putting tables on the Horizontal axis and chairs on the vertical axis. What is Bill’s opportunity cost of producing one additional table?
Currently Bill is producing 70 tables and 140 chairs. Is this allocation of resources efficient? Why?
Show this allocation on the graph and advise Bill how he can be more efficient.

Question-2
Explain by applying these concepts with examples.(2 Marks)
Rational people respond to incentives
Role of prices in allocating resources
Question-3
The table below shows the marginal benefit that Khaled earns from keeping his store open one more hour. Khaled has a marginal cost of $40 per hour. Khaled stays open 20 hours. (3 Marks)
Hours
Marginal Benefit Per Hour
20
200
21
140
22
110
23
70
24
40
25
10
26
0
Do you think Khaled’s decision to stay open 20 hours is optimal? Why?
How many hours do you advise Khaled to stay open? Why?
Question-4
Suppose the market for Computer is given by the following equations for supply and demand:
(2 Marks)
Qd= 3300?2P Qs= 500 8P
Calculate the equilibrium price and quantity.
Sketch the supply and demand curves on a graph indicating the equilibrium quantity and price.

[supanova_question]

macroeconomics

– please avoid plagiarism and don’t share it on the internet so I can get good grades.
make sure to do it in your own way
– all the rules for the assignment are listed in the file please follow them.
– All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
[supanova_question]