Economics

Some professions, such as haircutting or hair braiding, are fairly close to perfectly competitive.These professions sometimes succeed in getting the government to establish licensing requirements that deter some competitors from entering the profession. Why might these professions want to impose such licensing requirements?On the other hand, in some states, governors or legislatures have attempted to deregulate some occupations or halt efforts to license new ones. One example: In Texas, new Republican Gov. Greg Abbott has made occupational licensing one of his targets. He has proposed repealing a number of licenses, including those for dog trainers, interior designers and cosmetologists. He’d like to abolish criminal penalties for people who don’t comply with licensing requirements, except when public health and safety is at risk.Why might the governments choose or not choose to impose such requirements? Use the concepts from Chapter 12 Firms in Perfectly Competitive Markets to explain why these professions might want to impose such licensing requirements and why the governments might choose or not choose to impose such licensing requirements? Your explanations should consider why these professions might want to impose such licensing requirements, why the governments might choose or not choose to impose such requirements and what type of implications this decision may have in terms of competition and free market, inequality issues, pricing and impacts on consumers.You are expected to do some reading before posting to this forum about perfectly competitive markets and impacts of licensing rules in particularPlease do not answer based on your guess, your answers should be based on research/info and related economic concepts.Minimum 200 words.

In the introduction: “You are going to summarize (3) articles for the same topic as you selected in the Article Review Assignment. In your own words, you will summarize the Objectives, Content and Findings of each Articles and will include them in your references. As in your Article Review you must explain in details what is the specific topic of each article, what research information was used, the findings and the conclusions of each article. Content: Descriptive Analysis In this section (the body) of your paper you will Compare and Contrast the views and the findings of all (4) papers. These should be specific and well explained in the essay developed by you. The idea of this research is for you to practice your own writing. Everything must be well explained in good writing style. In the conclusion: In this section you will develop your own opinion of the subject topic from what you have learned about the subject. Also must include which of the views you support and/or views you don’t agree on. Explain the reasoning for your decision to support or not each view from the different referenced articles. References – Include your references in APA format. Must be about a Macro-Economic topic.

Select an organization that meets the criteria of a monopoly or oligopoly, and describe why it meets the criteria. What are the social costs of the monopoly or oligopoly? Who could potential competitors be? What would competition do to their product pricing?

Find a recent (within the last 12 months) article or economic blog related to price fixing, provide an executive summary of the information.  Include an APA reference and/or link.  How does the fact that higher prices could result from either higher market demand or collusive efforts to monopolize a market complicate efforts to determine whether a Sherman Act violation may have occurred? Include an APA reference and/or web link.

Find a recent (within the last 6 months) article or economic blog on a major corporation that has moved its corporate headquarters from the US to another country, and briefly summarize the information.  What is driving corporations to move out of the US, what are the benefits and downsides?  Include an APA reference and/or web link.

Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change and how these changes affect the total revenue for your product. You have been asked to do an analysis for your product, Good A, by addressing the following questions and reporting the results to your boss in a formal paper. Questions: Define the price elasticity of demand? What information does it provide? How is it calculated? Define the income elasticity of demand? What information does it provide? How is it calculated? Define the cross-price elasticity of demand? What information does it provide? How is it calculated? What is total revenue? How is it calculated? Define elastic, inelastic, and unitary elasticity means. How are these related to total revenue? Explain your answers. With respect to the price elasticity of demand, construct a graph using the data in Figure1. Illustrate the ranges on the demand curve that indicate elastic, inelastic, and unitary elasticity. Explain your answers. Enter non-numerical responses in the same worksheet using textboxes. Calculate the total revenue for each level of demand and post into the table, Figure 1. (Copy and paste this table into the Microsoft Word document that will form part of your submission.) Using the midpoints formula presented in the textbook, calculate the price elasticity coefficient for each price level, starting with the coefficient for the $4 to $6 level. For each coefficient, indicate each type of elasticity: elastic demand, inelastic demand, or unitary demand. Post your answers into the table, Figure 1. Assume that the income of consumers changes by 10%, and as a result the quantity demanded for Good A changes by 8%. What is the income elasticity of demand for Good A? What does this mean for your company? Assume that the price of competing Good B decreases by 5% and as a result, the quantity demand for Good A decreases by 8%. What is the cross-price elasticity for your product? What type of goods are Good A and Good B? Figure 1: The Demand Schedule for Barbeque Dinners                 Price Quantity Demanded   Total Revenue Elasticity Coefficient Elastic or Inelastic   $4 100   __________ XXXX XXXX   6 80   __________ __________ __________   8 60   __________ __________ __________   10 40   __________ __________ __________   12 20   __________ __________ __________   14 1   __________ __________ __________               Required: Prepare an analysis by answering the above-noted questions. Your analysis will consist of two documents as follows: Microsoft Word document: Questions 1-5, 7-10. Microsoft Excel worksheet: Questions 6

The purpose of this assignment is to understand the planning involved for selecting and recruiting expatriates. It can cost a company up to $400,000 for one expatriate who fails a foreign assignment. Selecting the right person to work and live in another country is critical to the success of the organization.IBM is planning on sending three managers to its Zurich office, two to Madrid, and two to Tokyo. None of these individuals has any international experience. Using the readings, lecture, and your own scholarly research, complete an expatriate recruitment and selection plan for IBM. Address the following in your paper.‘What criteria would you use to select the seven managers expected to be assigned to Zurich, Madrid and Tokyo?‘ What are the differences of Zurich, Madrid, and Tokyo’s work culture?‘ How do those work cultures differ from the United States?What incentives would you offer these managers as expatriates?Use critical thinking to apply depth and breadth. Be concise and address recruiting and selecting expatriates with respect to the chosen locations. Go beyond description and restating the facts. This writing assignment is required to be completed in the standard APA format. Minimum 2 pages not including title and reference pages. Abstract not required.

Question 1: Respond in at least 300 words. (All three parts; a, b and c, together should be at least 300 words)Hydraulic Fracking became a popular form of exploring for fossil/nonrenewable forms of energy in United states in the early 2000. Fracking as a technology was not new and existed for a long time. However, this form of tapping for fuel source has been controversial from the very beginning. Here is a link to the idea of Hydraulic Fracking from the Internet. A simple search on the Internet can give you access to many resources and information to this concept. Provided below is only one such link : (I have tried to hyperlink it, but if it does not open, please copy and paste it in your url box)https://www.vox.com/cards/fracking/what-is-fracking (Links to an external site.)Based on your research, respond to the following question prompts:a. Using the Economic concept of Marginal analysis (marginal cost – Marginal benefit), what could be some of the cost considerations and benefit considerations in tapping oil and natural gas through fracking?b. Using the Market model, (Demand and Supply model), create a general scenario of the possible impact on fuel prices. (If sketching the graph is challenging, you can explain the impact in words, in detail).c. There was a period of time in the mid 2000’s through the early part of 2010’s, when fracking lost its popularity in United states. Many towns in North Dakota and other states which flourished at one time due to the business of fracking, became “ghost towns”. What could have been some of the causes of this?ORQuestion 2: Respond in at least 300 words (All three parts: a, b and c together should be at least 300 words).Coca-Cola has been focusing on selling more 7.5-ounce cans in displays near supermarket checkout lines. Previously Coke had relied more heavily on 20-ounce bottles displayed in the beverage sections of supermarkets. An article in the Wall Street Journal (Mike Esterl, “Coke under Pressure as Sales Abroad Weaken”, July 30, 2014) noted that, “The smaller 7.5-ounce mini-cans are typically priced at five to seven cents an ounce, compared with three or four cents an ounce for 12-ounce cans.” It quoted a Coca-Cola executive as arguing that consumers “don’t care about price. They will pick it up if you put Coke within arm’s reach”.Given this information, respond to the question prompts below:a. What is the Coca-Cola executive assuming about the price elasticity of demand for Coke? Briefly explainb. If the executive is correct, what effect will this marketing strategy have on the firm’s revenue? Briefly explain.c. Why did the executive believe that having the cans “within arm’s reach” in the checkout line was important? Could this positioning have an effect on the price elasticity of demand? What other factors do you believe will affect the price elasticity of this product?ANDQuestion 3: Respond in at least 300 words. (All the parts of the question together should be at least 300 words)A 2019 article in the New York Times was headlined: “Trump Thinks Dollar Is Too Strong, Blames Fed Policy.”a. What does it mean to say that the dollar is “too strong”?b. Which groups in the United States gain and which lose when the dollar is strong?c. Briefly explain the connection between Fed Policy (Monetary Policy) and the strength of the dollar.ORQuestion 4: Respond in at least 300 words.Based on an article in the Wall Street Journal (Ianthe Jeanne Dugan abd Telis Demos, “New Lenders Spring Up to Cater to Subprime Sector”, March 5, 2014) , an economist commented on the situation a bank faces when making personal loans to subprime borrowers. “You have to be alert to the trade-off between serving consumers and being viewed as taking advantage of them.” What do the banks mean by prime and subprime borrowers and how do they distinguish between these two categories of borrowers? If banks charge subprime borrowers a higher interest on loans than they charge prime borrowers, are the banks taking advantage of the subprime borrowers?

How the wage gap affects the economy in the US The deadline is actually 11:59 but I couldn’t chose that. Its simply supposed to be a research paper about something that affects the economy. I thought the wage gap would be a good idea bc it seems like there were many sources for that topic. If you have a topic that interests you and still fits the essay go ahead. At least 4 sources on a reference sheet as well.  Thanks

which contemporary proofs of economic dependency in the philippines and latin america are observable? how do these proofs pose a challenge to the mainstream conceptualizstion of glibalization?