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What effect would this increase have on employment? Does the change in employment depend on the elasticity of demand, the elasticity of supply, both elasticities, or neither?

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Read the case “The Minimum Wage” from Chapter 6 “Supply, Demand, and Government Policies” Page: – 117 given in your textbook – “Principles of Macroeconomics”. A case study discusses the federal minimum-wage law. Questions: 1 Suppose the minimum wage is above the equilibrium wage in the market for unskilled labor. Using a supply and-demand diagram […]

Watch the video Freakeconomics and write a 2-3 page review of the documentary.Relate the video to how people respond to incenvtives.

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Watch the video Freakeconomics and write a 2-3 page review of the documentary. Answer the following questions: Freakonomics Relate the video to how people respond to incenvtives. Relate the video to your personal experiences. Relate the video to topics discussed in this class.

What is the advantage of using Scenario Manager?What is the difference between the simple and the complex budget?

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Simple and Complex Cash Budget 1. Recreate the simple cash budget for Bithlo Barbecues Exhibit 4-6: A Completed Simple Cash Budget 2. Use Scenario Manager to recreate Exhibit 4-7 Scenario Summary Insert a text box and answer this question: what is the advantage of using Scenario Manager? 3. Recreate Exhibit 4-9 Calculating the Cash Balance […]

Why the drop in housing prices caused a major financial crisis in 2008, and how the 2008 financial crisis transformed into a major economic crisis and crashed the economy.

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Q1 Based on your reading of Blanchard’s Chapter 1, using the relevant graphs and data in the Chapter and Lecture notes, explain a) why the drop in housing prices caused a major financial crisis in 2008, and b) how the 2008 financial crisis transformed into a major economic crisis and crashed the economy. Q2Using the […]

Why was this not the case during 2020 to 2022? What happened in the markets that prevented this normal mechanism from working?

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Marginal Product and Resources We can identify from this reading that as more quantity is produced, inputs used can be purchased in larger quantities – known often as economies of scale. Why was this not the case during 2020 to 2022? What happened in the markets that prevented this normal mechanism from working? There were […]

Appropriate regulation where the completeness assumption does not hold the case of addictive substances and culture.

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Appropriate regulation where the completeness assumption does not hold the case of addictive substances and culture. Key words are addictive substances, completeness, regulations. Should have an introduction, theoretical argument for and against, empirical evidence and evaluation, and conclusion

Select an e-commerce web site, which is a website where viewers can select and purchase items; critique your selected site by focusing on any five of Krug’s key principles as applied to the site. For example, as Krug’s book’s title suggests, web sites should not require users to think too much or sites should use conventions.

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 E-Commerce Project Read Steve Krug’s Don’t Make Me Think; Select an e-commerce web site, which is a website where viewers can select and purchase items; critique your selected site by focusing on any five of Krug’s key principles as applied to the site. For example, as Krug’s book’s title suggests, web sites should not require […]

Explain the relationship between the price elasticity of demand and total revenue. What are the impacts of various forms of elasticities on business decisions and strategies to maximize profit? Explain your responses using empirical examples, formulas, and graphs.

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Microeconomics Tools for Purposes of Problem solving, Analysis, and Decision Making Examine microeconomic tools for purposes of problem solving, analysis, and decision-making. It is highly recommended that you review the Seminar presentation located in the “Learn” area before beginning the Assessment. https://kapextmediassl-a.akamaihd.net/business/Media/GB540/GB540_1504D/GB540U2SP/presentation_html5.html According to the law of demand, if price increases, quantity demanded of a […]

What positive applications could the use of wait line models have on the operations of manufacturing and service-based organizations? Include as many different wait-line models as you can in your discussion.

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Discussion Topic Select one of the four topics listed below, then answer the discussion question. Be sure to incorporate your own personal experiences into your responses: Capacity increases and decreases Capacity flexibility Server utilization Reduction of wait line times In your original post, answer the following: What positive applications could the use of wait line […]

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