The concept of GDP is used by policy makers for many purposes that include keeping track of the growth of our economy and forecasting a recession; but it is also abused by some. Discuss some of the applications of GDP which may be considered improper use or abuse of the concept. “Even though the Great… Continue reading The growth of our economy and forecasting
ORIGINAL TOPIC: Assignment 1: Discussion—Market Structures Industries can be classified under different market structures and this classification strongly dictates decisions made by managers within the market. For example, in an industry classified under perfect competition, or in a perfectly competitive market, many competitors offer the same product and entry into the industry is easy. In… Continue reading Characteristics of a perfectly competitive market.
Select an organization with which you are familiar or an organization where you work. Develop a 15- to 20-slide Microsoft® PowerPoint® presentation to be presented to the CEO’s executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor. Explain the following… Continue reading The CEO’s executive committee and management
Consider different communications approaches used for two razor companies: Harry’s and Wilkinson. Using a subscription-based distribution channel, Harry’s allocates its communications investment money in a different way to the retail-store distribution by Wilkinson. Harry’s distributes its communications investment among the following promotion tools: 75% is budgeted for advertising. 5% on sales promotion, 5% on personal… Continue reading Different communications approaches for companies
New School of Architecture Econ 281 Final Exam Name __________ 1) Externalities A) can be either benefits or costs. B) always create extra social costs. C) always make society better off. D) cannot be expressed in dollar amounts. E) are always part of private costs or private benefits. 2) A cost… Continue reading New School of Architecture on ecomics
9) A firm dumps dioxin in a river, thereby severely polluting the river. The cost of the water pollution is i. zero for the firm. ii. an external cost. iii. part of the marginal social cost A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii … Continue reading Marginal private cost and the marginal external cost.
make r policy proposal . Use the same signposts that are in the attached example project. (Remember to include a “Reference(s) page at the end.) (The policy that i chose or i would like to change is that there are alot of classes in the engineering program that you cannot pass with the Grade D… Continue reading Proposal to Eliminate Mandatory Attendance
Several different expedients, however, may be fallen upon, which will effectually blunt the edge of all those incitements to diligence. The teacher, instead of explaining to his pupils himself the science in which he proposes to instruct them, may read some book upon it; and if this book is written in a foreign and dead… Continue reading The effect of mandatory attendance policies
Incentive structures of major players: current · Students want to attain satisfactory grades with minimal amount of effort and time expended. · Instructors want to fulfill their teaching obligations with minimal effort and time expended. Policy proposal Eliminate the university attendance policy that states: “Students enrolled in freshman or sophomore level courses numbered 1000 or… Continue reading Incentive structures of major players