Economics

changes that the company should make to better maximize profits.

“Monopolies” Please respond to the following: From the first e-Activity, imagine this company acting as a monopoly was to have a new competitor arrive in the marketplace. Assess how the monopoly would likely change its pricing strategy to compensate for the new competition. From the first e-Activity, speculate how the monopolist could be more efficient […]

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Analyze the potential downfalls of any team effort and make at least one recommendation

Contracting” Please respond to the following: From the e-Activity, propose a methodology for assessing the risk in business contracts. Assess the economic impact this methodology may have for the organization. Analyze a situation in which both parties entering into a contract could benefit, economically or otherwise, from slightly ambiguous language contained in the contract. Provide […]

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Demand for airline tickets fluctuates throughout the year

“Game Theory” Please respond to the following: Demand for airline tickets fluctuates throughout the year, which affects the price of an airline ticket. Suggest the type of game that may be most appropriate for a specific airline to play to address the differences in demand and elasticity and the resulting impact on profitability. Provide support […]

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Imagine how managerial decisions may be easier or more difficult

“Government Regulation” Please respond to the following: From the e-Activity, take a position on whether more government regulation is needed in the banking industry. Support your position with evidence or examples. Provide an example of how government regulation is either constraining or enabling for a particular company indicating the impact to the operational efficiency of […]

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“Capital Investments

” Please respond to the following: With the current U.S. economy in a weakened state, many companies are reluctant to implement any capital improvements or capital expenditures in fear of the economic uncertainty that exists that may negatively impact the cashflow of the organization. Assess the impact of this behavior on productivity, cost efficiency, diversification […]

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Discuss how you would explain what this class was about to a friend of yours pondering taking

“Looking Back” Please respond to the following: Thinking about everything you have learned in this course, discuss the single most confusing, difficult concept or formula you have encountered, as well as what made it so and the possible impact of an economist not understanding that concept or formula at all. the same class. “Looking Forward” […]

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Explore the website for the Index of Economic Freedom

Over the last 15 years the Heritage Foundation and the Wall Street Journal have joined forces to produce an annual Index of Economic Freedom. This index defines 10 economic freedoms used to measure the level of economic freedom in countries around the world. Explore the website for the Index of Economic Freedom. Be sure to […]

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analyzing how the risk tolerance factors play

Pick a recently released good or service. Then, determine the factors that must be evaluated regarding the product’s supply and demand. Analyze how these factors impact the decision to supply the product indicating the significance of each in the decision-making process. Using the same product example above, analyzing how the risk tolerance factors play in […]

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decisions of the company and the impact to the decision

From the e-Activity, if you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco products indicating which would be the most influential. Using the same scenario above, discuss how the elasticity influence the short-term and long-term decisions of the […]

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risk tolerance factors play in supplying the good or service

Pick a recently released good or service. Then, determine the factors that must be evaluated regarding the product’s supply and demand. Analyze how these factors impact the decision to supply the product indicating the significance of each in the decision-making process. •Using the same product example above, analyzing how the and how this should influence […]

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