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November 29, 2021

What was the “high yen crisis”? How did Japanese firms respond?

Questions for in-class exam #2   1. MITI, during the 1960s-1980s, promoted the scrapping of existing industries once those industries encountered problems and building of new industries.  What were the problems that led to curbing:   a. Light manufacturing in the 1950s and early 60s b. Heavy industry in the […]
November 21, 2021

The Problem of Asymmetric Information

Order Instructions For this discussion, your focus will be to think through what asymmetric information, moral hazard, and adverse selection have to do with hiring a police officer. Instructions Consider the following statement: • Many police officer positions require the applicant to have a college degree even though the tasks […]
November 21, 2021

Monopoly and Antitrust Policy

Order Instructions Wrapup 5 Fall 2021 Note that there are 3 quesions.   1. First, go back to the Study Plan for “Monopoly” and review the section on Monopoly and Antitrust Policy.   Then based on the following case study, what would you recommend as the best policy: should this […]
November 21, 2021

What factors influence the demand for this product? What factors influence the supply of this product?

Order Instructions Kelvin Chambers For Term Paper #1 you are required to pick a product or service you use in your everyday life and describe the market for this product. Please make sure to address the following questions:   1. What factors influence the demand for this product? What factors […]
November 17, 2021

Wk 9 Coffee, Tea, or Tuition-Free?

Order Instructions Week 9 Discussion   This week’s Discussion Board topic concerns how price discrimination can increase a monopolist’s profit (relative to being a single-price monopoly). For your own edification, pay special attention to how colleges and universities price discriminate. Your assignment is to thoroughly answer Discussion Questions #2 & […]
November 17, 2021

Why Do Gas Prices Fluctuate?

Order Instructions Why Do Gas Prices Fluctuate? Gas was selling for $3.95/Gallon on Labor Day Weekend of 2012. At election time (November 2012), the price was $3.15/Gallon. Now, it is selling at $1.75/Gallon. What causes increases and decreases in the price of gasoline? Use Supply and Demand curves to illustrate […]
November 17, 2021

How important is the division of labor to a capitalist economy?

Order Instructions Instructions(SHERRY)WEEK2 For Term Paper #1 I’d like you to explore the concept of division of labor. Please make sure to address the following questions:   How important is the division of labor to a capitalist economy?   How does the division of labor lead to more efficient production? […]
November 17, 2021

you are required to pick a current (“hot”, widely discussed) economic event that relates to the material (topic) we have covered or will cover in this course

Order Instructions Instructions(GERRICA) WEEK6 For term paper #2, you are required to pick a current (“hot”, widely discussed) economic event that relates to the material (topic) we have covered or will cover in this course.     This paper has to show your ability to apply the concepts you have […]
November 17, 2021

Price Discrimination: The Path to Additional Profits?

Order Instructions Context The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price, they are happy with the deal. There is no coercion. If the person really does not […]
November 17, 2021

Case Study: Auctions and Dynamic Pricing

Case Study: Auctions and Dynamic Pricing Overview There are many types of auctions, each with strengths and weaknesses at uncovering the real price or value of an item. Auctions are widely used in finance, e-commerce, and e-games. They are also widely used to generate revenue for not-for-profit organizations.  The following […]
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