Entries by Joseph Ndichu

Price Discrimination

Price Discrimination:  The Path to Additional Profits? What is price discrimination?  Here is some help with the basics.  https://cdnapisec.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/38285871/entry_id/1_svaboiiy/embed/dynamic The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price they are happy with the deal. […]

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March 9, 2020 by

types of money

Answer questions about types of money, how the Fed uses money, and what happens when there is money but it is not being spent. This is a multi-part assignment, so make sure that you have addressed each question or topic. The best way to approach this assignment is to prepare your responses in outline form […]

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March 9, 2020 by

inflation

Discuss the following statements: Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country’s currency (such as the U.S. dollar or South African rand) became common. Why do you suppose this occurred? Make sure you use the readings to support your […]

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March 9, 2020 by

trading

1.Suppose Bob and Sara are producing food and are thinking of trading. They produce ice cream and salad. Bob can produce 10 units of ice cream or 6 units of salad; Sara can produce 6 units of ice cream or 4 units of salad. Remember to take what each person gives up (opportunity cost) and […]

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March 9, 2020 by

economy

_________ is the amount of real GDP an economy can produce by fully employing its existing levels of labor, physical capital, and technology, in the context of its existing market and legal institutions. Select the two correct answers below. Select all that apply: Full-employment GDP GDP Potential GDP Real GDP 2.Factors that may change net exports are […]

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March 9, 2020 by

influence of pride

Jim Teeters struggled to overcome problems related to the powerful influence of pride in his life. He felt superior to students enrolled in one of his classes at a local community college. His smug attitude was quickly altered when he discovered that he was unable to clarify the statistical aspects of social research. After this […]

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March 9, 2020 by

Profits

I am looking at #4c specifically—I did not think I could find the profits and producer surplus at the profit maximizing level of output without a specific marginal revenue value. Do you think the problem is referring to part 4b, where the marginal revenue is $900? Do you think it is merely asking for definitions? […]

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March 9, 2020 by

Market Structure Analysis

or this assignment, you will mainly use IBISWorld to complete a Market Structure Analysis. This assignment was adapted from Core Microeconomics, Chiang, 3rd edition. IBISWorld:Your journey into a selected industry begins by clicking on the first listing in the gray-shaded box, US Industry Reports (NAICS). 1. Choose TWO specific products. These products MUST be sold […]

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March 9, 2020 by

Elasticity

Week 3 Discussion Collapse The Tariff, the Price Elasticity of Demand and the Impact on Company Profits Here is some help with elasticity.  https://cdnapisec.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/38285871/entry_id/1_f4j9no40/embed/dynamic In this week’s discussion your are going to be the CEO of a company.  In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the challenge that US […]

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March 9, 2020 by

Health & Medical

Assignment: Cancer and Women’s and Men’s Health The American Cancer Society estimates that by the end of 2012, more than 226,000 women will be diagnosed with breast cancer and more than 241,000 men will be diagnosed with prostate cancer (American Cancer Society, 2012a; American Cancer Society 2012b). With such prevalence of women’s and men’s cancers, patient […]

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March 9, 2020 by