Homework Help for Economics

Think about a time when you have had to make a presentation either on line or in person. How did you feel? What were the results? In your reflection on giving a presentation, which of the aforementioned persuasive approaches (i.e. Ethos, Logos, and Pathos) did you use? Your example can be from work, community, school, church, or sales for example. (It can even be for an interview

3. [4 points] All equity holders of a C-Corporation are entitled to a dividend payment. True or False? Explain.

Please discuss the different economic theories of Milton Friedman. Why was he important? Has he helped or hurt our economy? If he were alive today, what do you think he would suggest as an economic plan for our economy? Would he agree or disagree with the current policies? Must be 4 pages in length and include at least three references.

READ THE ARTICLE BELOW AND ANSWER THE TWO QUESTIONS WITH 100 WORDS OR MORE

http://adage.com/article/media/mylan-plans-generic-epipen-quell-outcry-600-cost/305649/

1. In lieu of competition, how could or should have Mylan determined the retail price for its original EpiPen product?

2. What are the long-term effects to Mylan and potential competitors with the self-introduction of a generic EpiPen product?

Suppose the own price elasticity of demand for good X is -2, its income elasticity is -1, its advertising elasticity is 2, and the cross-price elasticity of demand between it and good Y is -3. Determine how much the consumption of this good will change if:

Instructions: Enter your answers as percentages. Include a minus (-) sign for all negative answers.

a. The price of good X decreases by 4 percent.

percent

b. The price of good Y increases by 8 percent.

percent

c. Advertising decreases by 3 percent.

percent

d. Income increases by 5 percent.
percent

While the U.S. command-and-control environmental regulations initiated in the 1970s have been very effective at reducing pollution, some economists have difficulty with the legislation because

Turning to the US, why does the US have to run a trade deficit (NX<0) and a net capital account deficit (NCO<0) if China runs a trade surplus.

Which of the following would increase productivity.

A. An increase in the physical capital stock per worker.

B. An increase in human capital per worker.

C. An increase in natural resources per worker.

D. All of the above are correct.

Domino's Pizza starts a new Ad. ''Buy a large pizza, get the second one free''. Does this situation best represent:

a) Producer-producer rivalry?

b) Consumer-consumer rivalry?

c) Producer-consumer rivalry?

Explain your choice.

2. GM, Ford, and Chrysler compete in the market for large pickup trucks. GM’s marginal cost of producing a truck is $8000; Ford’s is $10,000; Chrysler’s is $11,000. Assume firms in this market compete on prices, so the low-bidder gets the whole market, and a tie splits the market evenly.

A. What price will result from competition between these firms?

B. What are the profits per car sold for each firm? Does any firm earn positive economic profits?

C. How many firms actually produce trucks?

D. The government argues that GM has monopolized the market for large pickups and imposes a $2000/car tax on GM trucks as punishment. What happens to the car market now? Who benefits from this?

How can a tax cut increase investment, and what is the impact on the economy?

What is the Importance of supply chain in managerial economics ( Please be Typed 1000 words)

A sprinkler system inside of one house does not protect houses on the other side of town. It also requires the homeowner to purchase and install it prior to benefiting from it. Once installed, it can help stop fires from jumping to neighboring homes. Given this information we can argue:

microeconomics help

In a job interview, SuperlativeBuy asks you whether they should run a 15% sale or not. They give you the following data about past sales and the behavior of two groups: loyalty-rewards members and those who aren't. Using the information below, justify whether they should run the 15% sale for loyalty-rewards members only, non-rewards members only, or both. (2 points for own-price elasticity of demand calculations and answer for loyalty-rewards members; 2 points for the same for non-rewards members; 2 points for loyalty-, non-, or both)

The quantity demanded by loyalty-rewards members increased from 1,482,000 to 1,567,000.

The quantity demanded by non-rewards members increased from 975,843,000 to 1,002,934,000.

The cross-price elasticity of Taco Siren and Taco Paul's is +1.89. The cross-price elasticity of pizza and pizza bagels is +.77. Why is the cross-elasticity of Taco Siren and Taco Paul's greater than the cross-price elasticity of pizza and bagels? (2 points for defining cross-price elasticity; 2 points for unpacking what each cross-price of elasticity means; 2 points for answering question)

Using the following information, calculate (using the midpoint formula) the own-price elasticity of demand as a Carhenge Souvenir T-shirt rises from $15 to $18 and the average tourist income is $30,000. (2 points)

Then calculate the elasticity when income is $40,000 and the price rises from $15 to $18. (2 points)

Now, use the midpoint formula to calculate the income elasticity of demand when the price of a T-shirt is $12 and average tourist income increases from $30,000 to $40,000. (2 points)

With the information given, is it possible to estimate of what will happen to the demand for Carhenge T-shirts when the price of a T-shirt is $12 and average tourist income increases from $40,000 to $50,000? If so, what is your estimate? (2 points)

Explain the answer, Why "A" is right

Q: An increase in quantity demanded

a. results in a movement downward and to the right along a demand curve.

b. results in a movement upward and to the left along a demand curve.

c. shifts the demand curve to the left.

d. shifts the demand curve to the right.