ECON212 Principles of Microeconomics Behavioral Economics

ECON212 Principles of Microeconomics Behavioral Economics for $11 OnlyBehavioral Economics
Deliverable Length: 400-600 words
Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
George Foreman was a professional boxer who made a comeback by endorsing grills. Foreman does not own the company that makes the grills, but he became the face of the brand. At first, people were not certain whether he was an expert on grills or fat-free cooking, but Foreman soon became thought of as the expert on this product and this type of cooking. Think of the concept of utility and how Foreman’s role as a celebrity endorser affects the marginal utility of these grill products. Answer the following:
  • How do people’s budget, income, and substitution effects fit in?
  • How do you think this influences the demand curve for indoor grill products?
  • Are these choices made rationally?
    *Must have 3 reference sources
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ADM 614 Week 4 Economic Growth and Market Dynamics

ADM 614 Week 4 Economic Growth and Market Dynamics for $12 OnlyADM 614 Week 4

Details:

Create a PowerPoint presentation of 12-15 slides (not including the title and reference slides) discussing Economic Growth and Market Dynamics. Include the following:

  1. What is GDP and how is it measured?
  2. Evaluate the validity of using GDP as a measure of economic output.
  3. Explain how the consumer price index and GDP work together to measure price index change from year to year.
  4. Assess the importance of the business cycle relating to the labor market and economic activity.
  5. Select one formula for a key labor market indicator and give an example. Use the formula to explain how the labor market indicator measures labor force participation.

Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Include slide notes containing explanations and rationale.

Be sure to cite three to five relevant scholarly sources in support of your content. Use only scholarly sources found in the GCU Library or those provided in Topic Materials.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

While APA Style format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center.

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Fundamentals of Capital Budgeting: Replace Old Machine or Not

Fundamentals of Capital Budgeting: Replace Old Machine or Not

One year ago, your company purchased a machine used in manufacturing for $110,000. You have learned that a new machine is available that offers many advantages; you can purchase it for $150,000 today. It will be depreciated on a straight-line basis over 10 years, after which it has no salvage value. You expect that the new machine will produce EBITDA (Earnings Before interest, taxes, depreciation, and amortization) of $40,000 per year for the next 10 years. The current machine is expected to produce EBITDA of $20,000 per year. The current machine is being depreciated on a straight-line basis over a useful life of 11 years, after which it will have no salvage value, so depreciation expense for the current machine is $10,000 per year. All other expenses of the two machines are identical. The market value today of the current machine is $50,000. Your company’s tax rate is 45%, and the opportunity cost of capital for this type of equipment is 10%. Is it profitable to replace the year-old machine?

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Comparison of Oracle and Microsoft (Ratio Analysis)

Oracle logo at the Oracle headquarters.

For Parts 1 and 2:

Create an Excel spreadsheet to show your computations for the six ratios listed under each part.

For Part 3:

Create an Excel spreadsheet to show your computations for the six ratios listed under this part and also to include (copy and paste) the ratio calculations from the first two parts. In this part, you will calculate the last six ratios as well as comment on all of the ratios calculated so far, including the first twelve ratios calculated under the first two parts. Your comments for each ratio should include more than just a definition of the ratio. You should focus on interpreting each ratio number for each company and support your comments with the numbers found in the ratios.

The summary and conclusion should discuss the liquidity, solvency and profitability of each company.

Part 1

Prepare a four-column worksheet in Excel, with the left-most column (column 1) to write the ratio names, the second column from the left (column 2) to show the calculation of each ratio for Oracle Corporation, the second column from the right (column 3) to show the calculation of each ratio for Microsoft Corporation, and the right-most column (column 4) to include your DETAILED comments about each ratio and what the ratio tells you about each company under study. Calculate each of the following six ratios. Earnings per Share Current Ratio, Gross Profit Rate, Profit Margin Ratio, Inventory Turnover Ratio, and Days in Inventory (Average Age of Inventory).

Part 2

Prepare a four-column worksheet in Excel, column 1 to write the ratio names, column 2 to show the calculation of each ratio for Oracle Corporation, column 3 to show the calculation of each ratio for Microsoft Corporation, and column 4 to include your DETAILED comments about each ratio and what the ratio tells you about each company under study. Calculate each of the following six ratios. Receivable Turnover Ratio, Average Collection Period, Assets Turnover Ratio, Return on Assets, Ratio Debt to Total Assets Ratio, and Times Interest Earned Ratio

Part 3

Prepare a four-column worksheet in Excel, column 1 to write the ratio names, column 2 to show the calculation of each ratio for Oracle Corporation, column 3 to show the calculation of each ratio for Microsoft Corporation, and column 4 to include your DETAILED comments about each ratio and what the ratio tells you about each company under study. Remember to copy and paste the ratio calculations and interpretations from the first two parts of the project in this worksheet, in addition to calculating the following six ratios. Payout ratio, Return on Common Stockholders’ Equity Ratio, Free Cash Flow Current, Cash Debt Coverage ratio, Cash Debt Coverage ratio, and Price/Earnings Ratio [For the purpose of this ratio, use the market price per share on June 1, 2007 for each company].

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Economics Questions (Objective Type)

A production possibility frontier showing oppo...

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1. Economics

  • studies human behavior when scarcity exists and choices must be made
  • provides the only reasonable explanation of how people make decisions
  • can accurately explain all human behavior since it is based on the assumption of rationality
  • is better at showing the way things ought to be than the other social sciences are

2. The expression “There’s no such thing as a free lunch” means

  • that even if the lunch is free, we pay for it in extra calories
  • that resources used up in producing the lunch are not available to satisfy other wants
  • the same thing as “The best things in life are free”
  • you have to work before you can eat

3. To say that people make marginal decisions means that

  • they usually wait until the last minute before making a decision to buy
  • they weigh the additional costs and additional benefits of various activities before they make a decision
  • most people just barely get by on the incomes they earn and live from day to day on the very edge of subsistence
  • given a choice, most people would prefer to make their own decisions concerning the things that affect their lives

4. Economic theories are

  • useful because they are as exact as theories in the physical sciences
  • useless because they are based on abstractions
  • useful because they allow us to make predictions
  • too complex to understand because they include all of reality

5. Economists believe that individuals respond in a predictable way to changes in costs and benefits. The term that best describes this belief is

  • rational behavior
  • scarcity
  • demand
  • supply

Regression, Beta, Standard Dev, Correlation and other Calculation for S&P500

Dow Jones Industrial Average (DJIA) vs. TEPIX ...

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The assignment will be collected at the beginning of final exam. You should turn in the Excel
workbook for this assignment with your report.
1. Use http://finance.yahoo.com to obtain daily closing prices for your company. Use Excel to
calculate daily returns for the period January 1, 2010 – December 31, 2010. Calculate,
• Average daily return,
• Standard deviation of returns.
Repeat the analysis for the Dow Jones Industrial Average (DJIA). Ticker is ^DJI.
Your report should contain,
• Average daily return for your stock, yourstock R
• Standard deviation of daily returns, yourstock σ
• Average daily return for DJIA, DJIA R
• Standard deviation of daily returns on the DJIA, DJIA σ .

Economic Development Indices

Economic Development Indices in $9 only

BACKGROUND :  All countries are not economically equal. According to the World Bank, countries can be divided up into four categories (see the Introduction PowerPoint for a map of which countries are classified in which categories):

  1. High Income Economies
  2. Upper Middle Income Economies
  3. Lower Middle Income Economies, and
  4. Lower Income Economies

You might also see the use of the terms More Developed Countries (MDC’s) and Less Developed Countries (LDC’s) to differentiate between countries and their level of economic development (this is more politically correct). More Developed Countries are countries like the United States. Less Developed Countries are countries like Somalia.

Economics Questions

1. In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15. The company said that it expected the price cut to boost the quantity of CDs sold by 30%.

a. What was Universal Music’s estimate of the price elasticity of demand for CDs?

b. Given your answer to part (a), if you were making the pricing decision at Universal Music, would you cut the price, raise the price, or leave the price unchanged? Explain your decision.

2. The table gives the demand and supply schedules for sandwiches.

Price

(dollars per sandwich)

Quantity demanded

(sandwiches per hour)

Quantity supplied

(sandwiches per hour)

03000
125050
2200100
3150150
4100200
550250
60300

a. What is the maximum price that consumers are willing to pay for the 200th sandwich?

b. What is the minimum price that producers are willing to accept for the 200th sandwich?
c. Are 200 sandwiches a day less than or greater than the efficient quantity?
d. If the sandwich market is efficient, what is the consumer surplus?
e. If the sandwich market is efficient, what is the producer surplus?
f. If sandwich makers produce 200 a day, what is the deadweight loss?
g. If the demand for sandwiches increases and the sandwich markers continue to produce 200 a day, describe the change in consumer surplus, producer surplus, total surplus, and the deadweight loss.

Hints: For problem 1, please refer to chapter 4 (elasticity). Bear in mind that price elasticity of demand is calculated using the percentage changes. For problem 2, please refer to chapter 5 (efficiency and equity).

Answer available.

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Health Economics

Health Economics for $69 OnlyHealth Economics

Instructions

Pick one of the following healthcare industries listed below. Using what you have learned so far about market structure and the impact on supply and demand, write 7 pages report (double-spaced) addressing the following questions:

  1. From what you have learned in class and research you have done on-line what is the market structure of that industry (e.g perfectly competitive, oligopoly, monopoly, other)
  2. What are the implications of the market structure on the demand and supply curve and price of the services offered?
  3. What is the implication of third-party payers like private health insurance or federal programs like Medicare and Medicaid on demand and supply in this industry?
  4. How has the government intervened in the industry and what was the economic rationale for the intervention? Was there a market failure or other rationale for intervention? Discuss
    Choose one of the following industries to discuss the answers to the above questions:
  • Pharmaceutical Industry
  • For-profit health insurers
  • Not-for profit health insurers
  • Any physician specialty (e.g. cardiology, ophthalmology, etc.)
  • Hospital (National Network)
  • Small rural hospital
    The student demonstrates a thorough understanding of economic issues and can answer all 3 sections of the assignment relevant to the analysis.

All three of the sections are accurately defined and discussed in the context of the assignment.

The student draws accurate conclusions for each of section of the question.

Writing quality: Writes clearly, concisely, and with few errors. Easy to understand

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General Studies MCQs

General Studies MCQs in $39 Only (Instant Download)General Studies MCQs

Free Sample Answer Given Below

James Desreumaux, VP of Human Resources of American First Banks (AFB), is reviewing the employee training programs of AFB banks.  His staff randomly selected personnel files for 100 tellers in the Southeast Region and determined that their mean training time was 25 hours.  Assume that the population standard deviation is 5 hours.  The 95% confidence interval for the population mean of training times is ________.

24.18 to 25.82

23.32 to 35.46

15.20 to 34.80

16.78 to 33.23

24.02 to 25.98 (Sample Answer)

Assignment 3: ERP and New Organizational Capabilities

Assignment 3: ERP and New Organizational Capabilities in $14 Only

ERP enabling new organizational capabilities, enhancing the organization’s ability to adapt to change, and creating new knowledge and performance measures, and revealing a strategic horizon. ERP systems delivered rich and valuable new functionality. ERP revealed a new strategic horizon for the college that is responsive to long-term socioeconomic trends.
According to Langabeer (2008), in health care, ERP plays an important but somewhat reduced role. ERPs were designed to integrate, or consolidate, all data and processes to eliminate redundant technology and business processes, to eliminate double-keying of information into multiple information systems, and to ensure a comprehensive view of the entire operation (p.318).
Write a four to five (4-5) page paper in which you:

UC Davis ECON 111A – American Economic History

UC Davis ECON 111A – American Economic History in $5 OnlyUC Davis ECON 111A - American Economic History

Homework 1:
Econ 111a American Economic History
Due Wednesday October 26, 2016
Question 1: The American colonies regularly faced a trade deficit in the eighteenth century, but it faced a small balance of payments deficit. Use the following table on the Balance of Payments for the 13 Colonies from 1768–1772 to discuss why this was the case.

Question 2: Greater Productivity is one of the key reasons that income per capita grows over time. Some argue that technological change is the main cause of productivity growth. Discuss whether the productivity growth of shipping in the American colonies supports this view or whether it is a counter-example.

Question 3: Based on the two charts below, does life expectancy appear to be a reasonable proxy for per capita income? Explain. Note: France and United Kingdom are part of Western Europe. In 1700, India had a higher per capita income than the USA. By 2003, incomes in the USA were ten time higher than those in India. What two factors would Douglas North argue explain the difference in Indian and USA development? Name them and briefly explain their importance.

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Answer for Economics 502

Answer for Economics 502 in $26 Only

Complete the following problem :

The attached table represents the market share of the top eight firms in a hypothetical industry in 2006 and 2011.

  • Calculate the four-firm concentration ratios for 2006 and 2011. Analyze the industry changes during this five-year period.
  • Calculate the eight-firm concentration ratios for 2006 and 2011. Does this index give you any different indication about changes in the industry over the same period?
  • Calculate the Herfindahl-Hirschman Indexes for 2006 and 2011. What information does this index tell you about changes in the industry? How does this information differ from the four-firm and eight-firm indexes?
  • Hypothesize what you think might have happened to supply, demand, and price of products in this industry from 2006 to 2011. Use charts, if appropriate, to illustrate your response.

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ECO 450 Week 9 Quiz

ECO 450 Week 9 Quiz in $12 only

Question 1

A tax on interest income:

Answer

Question 2

Which of the following is true about comprehensive income?

Answer

Question 3

If the market supply curve of savings is upward sloping, a tax on interest income will:

Answer

Question 4

2 out of 2 points

Most empirical research indicates that the market supply curve of labor hours by prime-age males is:

Answer

Question 5

Simple Regression Models Case Study: Mystery Shoppers

Simple Regression Models Case Study: Mystery Shoppers in $41 only

Review “Simple Regression Models Case Study: Mystery Shoppers” for this topic’s case study, a request to evaluate consignment stores from mystery shopper data.

Simple Regression Models Case Study: Mystery Shoppers

Chic Sales is a high-end consignment store with several locations in the metro area. The company noticed a decrease in sales over the last fiscal year. Research indicated customer satisfaction had decreased and the owner, Pat Turner, decided to create a mystery shopper program.

The mystery shopper program lasted over a 6-month period, employing several loyal and new customers assigned to each location. Surveys were on a 100-point scale and involved categories such as “Staff Attitude,” “Store Cleanliness,” “Product Availability,” and “Display(s) Appeal.”

After the mystery shopper period concludes, Mrs. Turner sends you the following e-mail:

From: Pat Turner
Sent: Thursday, July 7, 2016 8:57 a.m.
Subject: Mystery Data Shopper Stats and Store Performance?

Good morning! Welcome back from vacation J I hope you had a wonderful Fourth of July.

The last mystery shopper surveys came in and I have the final numbers. I am interested in whether there is a way to predict the final average based on the initial survey score. Also, is there a statistically significant relationship between how stores initially performed and what the overall average is?

The initial survey score and the final average data for all seven store locations is in the table below:

Store1234567
Initial Survey Score83978472856493
Final Average78989275887093

 

Also, how good is the relationship between Initial Survey Score and the Final Average?  Could I use an Initial Survey Score to predict a Final Average?  In fact, could I predict a Final Average if I have an Initial Survey Score of 90?

If you could have this to me before the weekend, that would be great.

Thanks so much!

Pat Turner, Owner

Chic Sales Consignment, LLC

Based on the information presented in the case study, create a regression model to determine the most appropriate recommendation.

Prepare a 250-500-word response to Mrs. Turner’s questions about predicting final scores, statistical significance, and whether a store location should be closed based on the data provided. Explain your approach and the rationale for this method. Evaluate the outcomes of your regression model and the responses to Mrs. Turner’s questions.

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ECO 86501 Estimating Industry Demand for Fresh Market Carrots

ECO 86501 Estimating Industry Demand for Fresh Market Carrots in $11 only
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CONSULTING PROJECT

Estimating Industry Demand for Fresh Market Carrots
The market for carrots is comprised of two segments: fresh market carrots, which have excellent, uniform color and a small core, and processing carrots, which are larger than fresh market carrots but still have good flavor, color, and sweetness. Annual data for the years 1983–2000 in the fresh market segment of the carrot industry are presented below. Q is total annual fresh market carrot production (measured in thousands of hundred weight units, which are 100,000 pound units), P is average annual real price per hundred weight of fresh market carrots (in constant 1991 dollars),1 and W is a weather index based on temperature and rainfall (W varies directly with conduciveness of weather for growing carrots). To account for the increasing popularity of carrots during the sample period, the time variable t is added to the demand equation to reflect growing popularity of carrots. The production data do not account for imports and exports of carrots. During the period of this sample, however, net exports of carrots (exports minus imports) were quite small in every year.

ECO Schumpeter’s Theory and Veblen’s Theory

ECO Schumpeter’s Theory and Veblen’s Theory in $7 onlyECO Schumpeter's Theory and Veblen's Theory

Explain the major departure of the Marginalist School from the Classical Political Economists. How did it change the focus of economics and leave no room for political economy at the time?

Explain Veblen’s theory of the leisure class. Explain why the leisure class is not overthrown and how conspicuous consumption plays a role in Veblen’s theory.

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Post Eco201 Final Exam

Post Eco201 Final Exam in $17 only

Macro Final 100% correct Answers

  • In the United States during the 1970’s, expected inflation rose substantially. This rise was due entirely to a supply shock not to higher money supply growth.
  • Suppose the price of the product you sell stays the same, but the prices of other goods and services rise, this means that the
  • According to the long-run Phillips curve what are the long-run effects of an increase in the money supply growth rate?
  • National saving is the source of the supply of loanable funds in the open-economy macroeconomic model.
  • Classical theory points to money supply growth as the primary determinant of
  • If the U.S. inflation rate is positive and higher than the inflation rate in Australia over the next few years then
  • If the U.S. were to impose an import quota on CD players
  • Money that has value as a good is called fiat money.
  • Nearly all hyperinflations follow the same pattern: high government spending is financed by increases in the money supply