Economics

If public utilities are a natural monopoly, what would be the danger in splitting them into a number of separate competing firms? 

Assignment What is the goal of antitrust policies? How do we measure a four-firm concentration ratio? What does a high measure mean about the extent of competition? How do we measure a Herfindahl-Hirshman Index? What does a low measure mean about the extent of competition? Why can it be difficult to decide what a “market” […]

Construct the set of feasible production possibilities graphically. Is the information given so far sufficient to find the Nash bargaining solution?

ASSIGNMENT Answer the question with graph Consider an economy which can produce two commodities with quantities x1 and x2. It is possible to produce (x1, x2) = (3,0). It is also possible to produce (x1, x2) = (0,2). It is also possible to produce all convex combinations of these two allocations. Construct the set of […]

Choose one book to report on; read the book and allow potential questions to arise in your mind as you read..identify the specific word sequence that triggered your inquiry.

Essay Assignment First choose one book to report on; read the book and allow potential questions to arise in your mind as you read..identify the specific word sequence that triggered your inquiry (if using Kindle or some version of book with no page #’s just cite a sentence in the reading that prompted your question). […]

Choose any style of music, novels, or movies. Write a 4 – 5 page report that summarize what you have found (no more than ½ of a page).

ASSIGNMENT Find a work of fiction (movie –non documentary, song, or fictional novel) that contains some hidden economics.You must analyze the actual work itself. Choose any style of music, novels, or movies that you like as long as you follow the above rules. You may use a video game for the project, however, your paper […]

Write a research essay discussing on the COVID-19’s effect on the world debt crisis.

Topic: “COVID-19’s Effect on the World Debt Crisis” Write a research essay discussing on the COVID-19’s effect on the world debt crisis. Quantitative research 1. Abstract own page 2. Introduction — A description of “what & why” a contribution 3. Last paragraph of the intro of what’s going to happen next. Ex Section 1 – […]

Compare two countries with different economic systems. Write a short introduction ending with an argument statement.

Countries Economic Systems Compare two countries with different economic systems. One of the two countries must be the USA. Write a short introduction ending with an argument statement. Answer the questions: Which country would be the best place to live? Which country would be the best place to start your business?

Identify the comparative advantage enjoyed by each country. Using your knowledge of specialization and trade, show that the two countries can benefit by consuming more of both goods after trade.

TRADE Here are some hypothetical numbers used to illustrate the ideas of trade-offs, specialization, and comparative advantage. Assume Sri Lanka, using all her resources efficiently, can produce either 2,500 bags of rice OR 5,000 bags of tea. Let’s also assume that, using all her resources efficiently, Kenya can produce either 2,500 bags of rice OR […]

Compose a ¾ page to one-page essay discussing two or three ideas from The Atlantic article you found interesting or with which you could relate.

Unit 05 – Consumer Utility Theory & Behavioral Economics Student Activity Lesson overview: Economists are known for assuming that humans are “rational” in their thinking. In our economic models, we assume we are dealing with prototypical “Homo economicus” who logically attempts to maximize his/her utility (happiness or satisfaction) as a consumer and economic profit as […]

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