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A 2 page writing assignment paper in APA format and double-spaced..Find a
news article of your choice describing a good or service(cnn.com or
foxnews.com). Summarize the situation and identify what supply or demand
shift factor is at work. Describe the effect on equilibrium price and
quality given the shift factor. Provide a copy of your article with your
written assignment. Make sure all questions are clear and concise.
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What threats does the informal economy present to firms operating in the formal economy?
Answer with atleast 3 paragraphs----------- What threats does the informal economy present to firms operating in the forma ...
What threats does the informal economy present to firms operating in the formal economy?
Answer with atleast 3 paragraphs----------- What threats does the informal economy present to firms operating in the formal economy? Use examples from your personal experience with the informal economy.Also on a seperate word doc respond to this post below explaining your thoughts and view points: A threat to formal business is informal business may have a cost advantage when competing against formal economy business firm's because they do not pay taxes. I think the bigger threat will be the impact of fines and penalties, which could lead to tighter regulation and taxes on businesses in the formal economy.My personal experience with the informal economy is that informal economy has Inefficient use of resources, disregard for workers' rights and interests, lack of supervision over product quality, low production efficiency, and asymmetric competition with legitimate enterprises. The most important of these is a disregard for workers' rights. Informal workers generally face unstable employment, low incomes, and most of them are not covered by the social security system. For example,the coal mine in China, the workers working with dangerous working conditions, but the manager do not improve the safety conditions and buy the insurance for workers either. Indeed,even though the informal economy has some advantages such as cost advantage, however, it based on Disregard for workers' rights and violation of social justice.
Econ 121 DB 3: Invisible Hand
Watch the above video. Once you have done this click on the above link “Invisible Hand DB” and create a thread with at ...
Econ 121 DB 3: Invisible Hand
Watch the above video. Once you have done this click on the above link “Invisible Hand DB” and create a thread with at least two paragraphs containing the following following:
Based on how “Greed” is portrayed in the video do you believe it can provide benefits to society?
Give a personal example of something you do for your own best interest that also benefits others. Alternatively, give an example of something you have done that only harmed others. Are both “Greedy”? Do you see a difference between “Greed” and “Self-interest”?
Do you believe love and kindness would produce the same level of output in a society as “self-interest”? Why or why not?
Would you consider a business owner attempting to hire workers at a lower wage greedy? What about a worker attempting to get a higher wage from the employer?
By going to school and getting an education you are likely to significantly raise your income, do you believe such an increase in your income will take income away from others? If yes, than why would you do such a thing? If no, how can one person’s income go up without someone else’s going down?
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WU Economics Market Structure in Economy Competition Discussion
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A natural monopoly is an industry in which the most efficient number of firms serving the market is one. Generally, these industries have substantial fixed costs that generate large economies of scale. For example, consider a local water service provider. If only one provider serves a residential area, only one set of water mains/pipes are needed. If multiple providers serve the area, multiple mains/pipes are needed, likely doubling the cost of providing the same degree of water service to the neighborhood. Typically, investor-owned natural monopolies deemed providers of essential services to a local area, such as local water, natural gas, electricity or garbage companies, are regulated by a Public Utilities Commission (PUC). The PUC normally sets prices or tariffs the utility is allowed to charge, equal to cost plus a normal return on investment.
In this Discussion, you will revisit an industry from the Week 3 Discussion and discuss which type of market structure it is, how firms in this industry compete, and whether or not some firms can profit in this industry in the long run.
Post an explanation of your selected industry’s market structure, including support for your assertion. In your explanation, also address the following:
How do firms compete with each other in the industry, both in terms of price and non-price competition?
Are some firms in the industry able to earn economic profits in the long run? Why or why not?
To support your response, be sure to reference at least one properly cited scholarly source.
HLT 520 Grand Canyon University Legal Aspect in Health Care Questions
Discuss the elements of an enforceable contract and apply them to a contract with a vendor to purchase a new CT scanner. W ...
HLT 520 Grand Canyon University Legal Aspect in Health Care Questions
Discuss the elements of an enforceable contract and apply them to a contract with a vendor to purchase a new CT scanner. What would you include in the contract? How would you confirm its validity? Discussion Question 1 150 wordsWhat do you see as the pros and cons of obtaining fair market value analyses on the compensation paid to physicians, especially when the market rates are benchmarked against national standards? How could this information be used in negotiating rates with physicians? What other components would you need to include in forming the contract with the provider? (Question 2 150 words)
Colorado Mountain College Statement of Contributions to Diversity Equity Letter
I need assistance answering these questions to a discussion:
Monopolistic competition and oligopoly are market structures ...
Colorado Mountain College Statement of Contributions to Diversity Equity Letter
I need assistance answering these questions to a discussion:
Monopolistic competition and oligopoly are market structures that lie between perfect competition and monopoly.
Explain the differences between the market structures.
Discuss examples of goods for the different market structures and include in your discussion the characteristics of the products that align with the different market structures
It has to be at least 250 words and references cited
Mankiw, N.G. (2018). Principles of microeconomics (8th ed.). Stamford, CT: Cengage Learning. Retrieved from https://online.vitalsource.com/#/books/9781337516891/cfi/352!/4/2@100:0.00
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