TOPIC: Male-Female Wage Gap In the U.S. there is approximately an 18% gap between the wages paid to female workers across all occupations versus the wages paid to male workers. Many people argue that this gap is exclusively due to gender discrimination. Discuss the following: 1. What is the COST to a firm of engaging…
Describe the good. What are its main characteristics?What are some of the substitutes and complements for the good?Indicate whether the good is a normal good or an inferior good. Explain the reasons for your choice.Identify and describe the main nonprice factors that could cause an increase or decrease in the demand for the good or…
For this assignment, you will create a job description and a performance evaluation document that can be used in identifying a position within an organization and assessing the performance of an employee. The two items should be based on research for a specific job position in a career field you choose. Be sure to…
The purpose of this assignment is to assess your ability to accurately respond to and plan for the specific needs of an MIS project. Action Items 1. Research and report on the implications, specific to your department, of upgrading the organizational website. Review at least three sources. 2. Write a 600-word (minimum…
Macroeconomic analysis deals with the crucial issue of government involvement in the operation of “free market economy.” The Keynesian model suggests that it is the responsibility of the government to help to stabilize the economy. Stabilization policies (demand-side and supply-side policies) are undertaken by the federal government to counteract business cycle fluctuations and prevent high…
How would a low-cost price leader enforce its leadership through implied threats to a rival? How does a firm become a “low cost” price leader? Discuss the specific type of market structure that implied threat strategy can be adapted.
For this assignment, you will apply the concepts of supply and demand analysis concepts to a specific good or service you use in your everyday life. In your paper, include a discussion of the following as subheadings in your paper: Describe the good. What are its main characteristics? What are some of the substitutes…
Why might a profitable motel go out of business in the long run if the land on which it is located becomes extremely valuable due to rapid economic growth in the area? What are the most significant costs that the firm must consider in deciding whether to go out of business?
Another important law in economics is the “law of marginal returns or the law of increasing costs”. Discuss in terms of your study in this course, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before? Can you identify any…
An important law in economics is the “Law of Diminishing Marginal Utility”. Discuss what this law is and provide an example of diminishing marginal utility you’ve encountered recently.