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What incentive conflict was being controlled by these loyalty payments? What advice did Intel ignore when they adopted this practice?
Discussed in the World Economic Forum reading: Technology Tipping Points and Societal Impact and explore the concept further.
What was your experience with class, location, and food? In correlation with food supply, how is overall health?
What happens to the use of steel if there is a sudden decrease in its supply? In particular, explain how the new price of steel helps to ration its use.
What is the role of models in economic analysis? How can it be determined if the assumptions underlying the design of an economic model are overly simplified.
"China's vanished current-account surplus will change the world economy," published by The Economist on May 17, 2018.
Discuss current security concerns surrounding HIT and the EHR. Discuss how electronic health records can be used for decision-making and problem-solving.
Examine the exchange rate of the U.S. dollar and the Chinese Yuan for the last 24 months.
Compare/contrast philosophical worldview with that of a Christian worldview.
Explain Karl Marx's labor theory of value. Be sure to comment on the distinction he makes between labor and labor power.
Why do you believe that it is important for managers to understand both short run and long run supply and demand?
Review the Health Care Economics Issues HMO Simulation.
Explore a variety of perspectives on the different dimensions and complexity of globalization.
Analysis of economic issues- be sure to tie this in to what we've been doing in class.
Describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, monopoly).
Explain the challenges in measuring consumer surplus of a free product like major online applications, such as Facebook and Google Search.
Do you think an oligopoly is inevitable in this industry? What components are needed to ensure that price will remain unchanged?
Use the concepts of aggregate demand (AD) and aggregate supply (AS) to explain why this may be bad news for consumers.
Q1. Calculate the arc price elasticity of demand for SPI service.
What implicit assumptions are the publisher and the analyst making about price elasticity?
How would you go about interviewing each employee? In other words, discuss all parameters of the four interviews.
What is the mission and legal mandate of the Federal Reserve System? What policy tools are available to the Fed to achieve its mission?
As part of your answer you should demonstrate an understanding of elastic and inelastic demand.
Problem: List the 5 categories of price elasticity of demand, and explain the differences between them.
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable?