Economy

Microeconomics Discussion

I need roughly 300 words, and 2-3 references (APA) for the below discussion. Citing the textbook would be helpful as well.  Economics Today (0232)(2048)(CUSTOM) Author:Miller Edition:19th After watching the video clip from Jingle All the Way, consider the following: Prices serve a rationing function. When quantity demanded exceeds quantity supplied, prices rise to alleviate the shortage. When quantity supplied exceeds quantity demanded, prices fall to alleviate the surplus. However, when prices are inflexible, shortages and surpluses persist. Other rationing mechanisms must develop. Using demand and supply analysis, describe a specific situation where a shortage occurred. Why were prices unable to adjust in this market? Combining what you learned from your readings as well as from the video clip, what other rationing functions could develop to alleviate the shortage?

Mar 6th, 2021

Economy

Production and Costs

Describe three key inputs (or factors of production) and fixed and variable costs involved in the production of Walmart’s food.  Analyze what are some of the factors that could impact your choice of inputs to the production of the meats department at Walmart.  Based on this analysis, what production decisions would you make? Be sure to support your decisions with examples or data.  Examine the production decisions that you would make based on the analysis of the factors impacting the choice of inputs to produce the chosen product or service.  Analyze What are the characteristics of market structures for Walmart meat department and what could impact their strategy and performance?  Assess how market structures impact a company’s business strategy and performance.

Mar 6th, 2021

Economy

Macroeconomic Variables

1)   Identify three macroeconomic variables in the United States that impact the supply and/or the demand for the product of Walmart’s food. 2)   Interpret the trends of the three selected macroeconomic variables for the past three years and evaluate how these trends will likely impact the supply and demand of Walmart’s product as well as the financial performance of your chosen company.

Mar 6th, 2021

Economy

Uber Analysis

Uber is a ride-sharing service started in 2009. If you are not familiar with Uber, you can learn more about the services it provides at Uber.com. Construct an eight-page analysis of Uber using the following criteria. Analyze the market before Uber’s entry. Describe the inefficiency Uber exploited. Explain Uber’s surge pricing in the context of shifts in supply and demand. Evaluate Uber’s surge pricing in the context of price discrimination. Apply the concepts of economies of scale and economies of scope to Uber’s business model. Apply the concepts of game theory to Uber’s market. Assess Uber’s potential for international expansion and potential trade policy issues. Explain the incentive pay model Uber uses and how it affects the principal-agent problem. Discuss any asymmetric information issues with Uber’s business model. Your essay must be at least eight pages in length (not counting the title and references pages) and include at least five peer-reviewed resources. Adhere to APA Style when writing your analysis, including citations and references for sources used. Be sure to include an introduction. Please note that no abstract is needed.

Mar 6th, 2021

Economy

The Importance of Competition

write a 2-page paper describing the importance of competition in markets.  How does a lack of competition affect prices and output?  Describe what the role of government is in markets vis-a-vis firms in the market

Mar 5th, 2021

Economy

Solution to Liberia Economy Problem

There is an economy problem in Liberia at this time from shortage of money to high high ship. Some link https://frontpageafricaonline.com/front-slider/central-bank-of-liberia-says-it-needed-to-have-printed-l7-5bn-to-meet-demand-for-liberian-dollars/:  Central Bank of Liberia Says It Needed to Have Printed L$7.5bn to Meet Demand for Liberian Dollars By Gerald C. Koinyeneh Last updated Dec 24, 2020  0  Share Monrovia – The Central Bank of Liberia (CBL) has attributed the shortage of Liberian and United States dollar banknotes on the Liberian market to the reluctance of the Legislature to grant its request of printing the amount of L$7.5 billion and the COVID-19 pandemic that is ravaging the world. The CBL statement comes in the wake of a warning from the United States Embassy in Monrovia to its citizens and permanent residents visiting Liberia of the difficulties in getting cash in the country. The Embassy, in an alert to would-be travelers, noted that the banking sector in the country has been experiencing cash shortage over the last several months. It also noted that ATM machines often do not dispense money. “As a consequence, it is difficult to obtain adequate cash supplies from ATMs and banks.  There are no ATM facilities for public use at the U.S. Embassy,” the Embassy stated. As per regulation, travelers would have to declare cash amount of US$10,000 and above upon arrival in Liberia. Passenger may, however, be allowed to enter with US$7,500 or less. In a statement release on Tuesday, the CBL acknowledged that that it is aware of the shortage of money in the banking system, particularly the limited supply of Liberian dollars, noting that it is unusual and can be attributed to the increased demand for Liberian dollars overtime, which has been exacerbated by COVID-19.   “The Central Bank of Liberia (CBL) is fully aware of the current liquidity pressure in the banking system, particularly the limited supply of Liberian dollars. It is, however, worth noting that the pressure on the Liberian dollar this year is unusual and can be attributed to the increased demand for Liberian dollars overtime, which has been exacerbated by COVID-19,” the CBL said it the statement. It continues: “In its effort to preempt this seasonal pressure, the CBL in 2019 forecast L$7.5 billion based on its analysis but was authorized to print only L$4.0 billion. This amount which was brought into the country in July this year, was inadequate to replace the current amount of mutilated banknotes and at the same meet the liquidity demand in the banking system. In spite of this constraint, the CBL has been strategically infusing the L$4.0 billion through the commercial banks with substantial amount already infused into circulation.” As additional measure, the CBL revealed that it has been working with all key stakeholders, both in the private and public sectors, to mitigate the high demand of money, adding that the Bank is currently engaged with commercial banks and mobile money operators (MNOs) to promote the use of mobile money and other electronic forms of payment in addition to withdrawal of cash. “The CBL wants to re-assure the public that it is doing everything necessary to ensure the availability of both US and Liberian dollar liquidity for the festive season. The Bank has also put into place a Liquidity Monitoring Framework, including the establishment of an Internal Liquidity Management Team to respond to the prevailing liquidity challenge.” However, the CBL said in order for it to be able to exercise full monetary authority, it will need full autonomy over the printing of currency like most other central banks across the world. It noted that the recent amendment of the CBL Act to give a three-year latitude to the Bank to print without frequent Legislative approvals is a positive step in the right direction. ‘Missing L$16 Billion’ Saga Impacts Legislature’s Reluctance to Approve RELATED POSTS Liberia: “Ivory Coast, Guinea or Ghana not Using Our Money,… Dec 23, 2020 Liberia: Communities Use New App to Track Illegal Logging Dec 23, 2020 Liberia: NaFAA Begins Final 2020 Fishery Fees Collection… Dec 23, 2020 For sometimes now, the George Weah’s administration and the CBL have been seeking Legislative approval to print additional banknotes to address the problem of money shortage in the banking sector. The CBL in 2019 forecast L$7.5 to be printed based on its analysis but was authorized by the Legislature to print only L$4 billion. The Bank protested that the money was inadequate to replace the current amount of mutilated banknotes and at the same time meet the liquidity demand in the banking system, but the lawmakers, who have been hugely blamed for allowing the CBL under the Governorship of Milton Weeks to print L$16 billion that that did not have any significant impact on the Liberian economy amid report that the money went missing, were not willing to authorize such huge amount. Since then, several communications from the President and efforts by the CBL to get additional money printed have been futile. In 2019, a recommendation by the Senate Committee on Banking and Currency chaired by Senator Marshall Dennis (Grand Gedeh), urging the Senate plenary to authorize the printing of Liberian dollars banknotes in several denominations and minting of coins was quashed following staunch opposition from several Senators including Oscar Cooper (IND., Margibi), Darius Dillon (CPP, Montserrado) Varney Sherman (UP) and Peter Coleman (CDC). In its seven-count recommendations, the Committee requested that the plenary of the Senate authorizes the printing of new banknotes to “completely replace the ones on the market; that the banknotes should be printed in a high grade and carries more and sophisticated security features to prevent counterfeiting, and the likes; that the CBL confines itself to the proposition document submitted to the Legislature for the printing of the currency, especially the mode of exchange enshrined in the document, as well as other monetary policies designed to avoid missteps and mistakes in the past.” The Dennis-chaired committee further recommended that the CBL put stringent policies and control measures in place to prevent hoarding, and other forms of economic sabotage; that the Senate deals with the CBL proposal to print the total amount of L$35 billion in various denominations including L$20, L$50, L$100, L$500, L$1000; as well as and coins be minted in the denominations of L$1, L$5, and L$10 as proposed by the CBL. Immediately after the reading, Margibi County Senator Oscar Cooper, sharply reacted to the Committee’s report, questioning why the CBL should request to print L$35 billion, when the money in circulation is L$21 billion that needs to be removed from the market. “What becomes of the difference of L$14 billion, which was not properly answered by the Bank Governor,” he queried. “After the L$16 billion saga with the Liberian people, this money will fall on them if not managed properly. We as committee members did not have due diligence to debate this within committee. If this Senate votes to approve this L$35 billion, we will put the Liberian people in serious, serious financial jeopardy, because many financial and economic questions have gone unanswered.” Senator Darius Dillon added: “Whatever we are doing now must be done with due diligence so that posterity can be kind to us. So colleagues, please let the Committee take this report back, and bring it to us after our return in January.” The Chairman of the Senate Committee on Judiciary, Senator Varney Sherman (UP, Grand Cape Mount County), out rightly said he will vote against the printing of L$1,000 bank notes and the minting of coins. Senator Sherman accused members of the Committee of “some fundamental issues it did not consider, such as the suggestion to the production of coins, which he said that the cost for producing coin is more than the value of the coin.” “I will vote against L$1000 banknotes and coins. How do we have control if we allow them to keep L$35 billion in their vault? I am afraid that the Liberian people will not judge us well when they look at our immediate past history, as to how we managed L$10 billion, and then we tell them that we want to print L$35 billion,” Senator Sherman warned. Although the CBL said in spite of the constraint, it has been strategically infusing the L$4 billion through the commercial banks with substantial amount already infused into circulation, the strategy seems not to be yielding fruitful results as Liberians are finding difficult to access cash at various commercial banks or are often served mutilated bank notes.

Mar 5th, 2021

Economy

Economics- GDP Report Essay

*****Using the report below, find and briefly explain one policy from the current administration that has contributed to positive GDP growth. -one page- Remember, GDP is driven by four components -> personal consumption (the largest), business investment, government spending, and net trade (C+I+G+(X-M)). So, an increase in spending in any of these components means an increase in GDP. https://www.whitehouse.gov/wp-content/uploads/2019/03/ERP-2019.pdf *The table of contents is on page 23.*****

Mar 2nd, 2021

Economy

Surveillance Capital

watch the video given below and answer the questions. https://www.youtube.com/watch?v=hIXhnWUmMvw 1.What are the “models” that are mentioned by Dr. Zuboff? What is the purpose of these models? 2. How did the purchase of shampoo indicate that the purchaser was pregnant? What were subliminal cues in Facebook and did they work? (What were the findings of the research according to the video?) Requirement :- answers should be clearly organized, clearly supported to achieve purpose. The introduction gets the attention of audience and clearly states the purpose of assignment. The conclusion relates back to introduction. Topic knowledge should be shown. student clear grasp of information. citations are introduced and attributed properly. writing indicates confidence a commitment to the topic and a willingness to communicate. writing style is crisp and clear . it doesnt require any source from outside

Mar 1st, 2021

Economy

AI ESTE Company

Address the following questions- please do add any other information you find around the brand. 1. Brief overview of brand- what need/s is it fulfilling, country of origin 2. What is the Brand identity (also referred to as brand image)? 3. Describe the target market/segments? Are they different depending upon the country? 4. Discuss advertising/marketing assets (for ex. Ads, video- any advertising or marketing comm) you find. 5. Are ads/marketing messages consistent across countries/regions or do they differ? a. Is the brand using the adaptation or standardization strategy? 6. Are there enough contact points with consumers? Please include photos of ads, videos, website pics/URLS, and other relevant content to visually depict your research. Sources: Look at FB, Instagram, Twitter, Website, Google, Youtube, articles (WSJ, NYTIMES, Adage.

Mar 1st, 2021

Economy

When the Government Prints Money

Assume that you are one of six thousand people who live on the small island of Tap. This island is small and can only produce a maximum of six thousand bags of corn a year (ignore technological advances in corn production that are occurring elsewhere in the world). The six thousand bags of corn produced are just enough for the residents since each resident only earns enough to buy one bag of corn a year (a pity since the Tapese really love corn!). The currency on Tap is the US dollar. Now suppose that the government of Tap injects more US dollars into the economy, and the result is that person now ends up having twice the amount of US dollars as he or she did before. Make a logical prediction about prices of corn in the economy, and explain what principle of economics is illustrated in this scenario. Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

Mar 1st, 2021

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