Demand Estimation Imagine that you work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. For a refresher on independent and dependent variables, please go to Sophia’s Website and review […]
Managing in the Global Economy and Outsourcing Offshore From the scenario for Katrina’s Candies, assuming the absence of quantitative data, determine the qualitative forecasting techniques that could be used within this scenario. Now, assume you have acquired some time series data that would enable you to make forecasts. Ascertain the quantitative technique that will provide […]
economics,, Answer the following from the Problems Appendix in the back of your textbook on pp. 353-354, and upload your answers through Blackboard: Chapter 4: Questions 1, 2, 3, 4, 11, 12, 13 & 14 Your completed Homework assignment should be at least three to four pages in length. All references and citations used must […]
Economic Choice & Economic Decision Making Consider your last vehicle purchase and the decision making process you engaged in while deciding what vehicle to purchase or if a new vehicle was the right decision. While analyzing your decision, keep in mind that everything from the interest rates to the price of gasoline is driven by […]
Assignment 1: Article Analysis (expertsolution) Due Week 4 and worth 240 points Locate a news article about an issue that has been addressed in Weeks 1 through 3 (e.g., poverty, pollution, etc.) in order to conduct a meta-analysis of the author’s economic perspective of the selected issue. Write a six to eight (6-8) page paper […]
Government Interventions vs. Market Based Solutions The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Examine one case of significant government intervention as […]
My project is Walmart. The company I choose is Wal-Mart. As the Chief Executive Officer for Wal-Mart, a decision needs to be made on the addition of a new product in stores. The marginal benefit will be the turnover generated by the addition of the product whereas the marginal cost will be the cost of […]
Hong Kong Economy country is Hong Kong What are the country’s biggest challenges? • What factors impacted the country’s economic development the most? Political? Social? Cultural? Agricultural? • What is your country’s economic vision long-term? Does it have one? If not, why not? • Determine if this country is positioned to sustain economic growth over […]
Assignment 2: Externalities (assigned to expertsolution) Due Week 6 and worth 140 points Write a two to three (2-3) page paper in which you: Identify and discuss three (3) externalities, which can either be positive or negative. Conclude why an externality might exist in the situation that you described, and determine the solutions to mitigate […]
Identify a product or service produced by Wal-Mart you selected for your microeconomic/macroeconomic analysis papers. Describe the inputs used to produce this product or service as well as the types of costs involved in its production. Consider the following questions: What factors may affect the mix of inputs used to produce the product or service? […]