MBA 502 Paper I: Microeconomics Due Date * The paper is due at the beginning of class on Monday‚ October 31 Assignment: You are required to construct a case study/research paper during the first part of the term. The primary purpose of the paper is to: * Further understand the economic way of thinking * Give you an incentive to think critically about course information * Apply economic principles to firms at microeconomic level in the U.S. Goal: Construct a case study/research
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Jarrod Huska Analytical Paper With the holiday season quickly approaching‚ I choose to analyze an article which illustrates why some of the "hot" items may be in rather low supply. Many assume the supplier would supply more to further increase profits. Price and quantity exchanged in the market is a bit more complex than the previous statement . We will start off the analysis by looking at the law of supply. The law of supply is a basic economic principle that states firms are willing to
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Research and discussion of press article About the article | Title of the article : Extension Responds: Katrina’s aftermath : How Hurricane Katrina will affect energy and fertilizer costs? | Source (Newspaper) and link to the article : University of Wisconsin-Madison/Extension http://www.uwex.edu | Summary of the article :In 2005 Hurricane Katrina caused massive shortage on natural gas and fuel in the USA.Due to the location of the hurricane in southern USA‚ agricultural shipping‚ fuel production
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Interdependence The characteristics of oligopoly is interdependence‚ oligopoly firms have big relative to the market and they interdependence in making decision. The number of competitor is less and any oligopoly firms changes in the price and other economic factors or marketing strategy ‚it will affect the change in competitor firm. So the firms must attention about the other competitor change in the industry and also need to think over the market demand and cost of its product. In oligopoly
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Submit personally at: Student Service Centre Blk T16‚ Level 1 (T1612) APPLICATION FORM for SP Donors-Sponsored Scholarships or Bursaries / MOE Bursary /CDC-CCC Bursary* For Academic Year 20___ /___ This form may take you 5 mins to complete. After filling up Section 1 and putting your signature on Section 2‚ please use the checklist in Section 3 to prepare the documents that you need to submit. Name of Applicant : _____________________________________________ Handphone No. : ________________________________________________
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Practice Test # 3 Useful formulas/expressions: (1) MPC = ∆ C / ∆ DI or ∆ C / ∆ YD & MPC + MPS = 1 (2) Exp. Multiplier = 1/(1-MPC) ∆GDP = Exp Mult. * ∆AE (3) Δ AE = Δ Income * MPC (4) DD Multiplier = 1/rrr ∆DD = DD Mult. * ∆Reserves Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Long-run full-employment equilibrium assumes: a. a downward-sloping production function. b. a downward-sloping long-run supply curve (LRAS)
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Answer the following questions: Question One: Explain why each of the following two statements is False: (Assume that all variables are kept constant in all the 3 statements below) Statement (1):If the price of shoes decreases‚ then the demand on socks will decrease as well because the two goods are complement goods. This statement is false : because they are complement goods so is the price of (x) which is shoes decreases the quantity demand of (y) which is socks must increases. In
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3. Consider the market for minivans. For each of the events listed here‚ identify which of the determinants of demand or supply are affected‚ also indicate whether demand or supply increases or decreases. Then draw the diagram to show the effect on the past and quantity of minivans A. People decide to have more children. Answer: It is expected to have more children‚ and household spending will increase‚ demand will reduce household wagon. From the supply point of view‚ due to population increases
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MBA 4701 SHIPPING BUSINESS AND INTERNATIONAL TRADE ASSESMENT 2-2013 CONTROVERSY ON MARPOL ANNEX V AMMENDMENTS CONCERNING CARGO RESIDUE Submitted by: Vasanth Subramanien Student Number: M00460445 Word Count: 1470 words. TABLE OF CONTENTS SL NO CHAPTERS PAGE NO 1 IDENTIFICATION OF IMO POLICY & UNDERSTANDING THE CONTROVERSY 3 2 RATIONALE & SAFETY OBJECTIVES 7 3 WERE OBEJCTIVES BEHIND THE POLICY MET 9 4 RECONSTRUCTION OF THE
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Appendix and References 1. Consumer Price Indices 2. Income and Assets Test 3. http://www.hkdailynews.com.hk/news.php?id=277873 4. http://www.censtatd.gov.hk/hkstat/sub/so30.jsp 5. http://www.censtatd.gov.hk/hkstat/sub/so60.jsp 6. http://www.swd.gov.hk/en/index/site_pubsvc/page_socsecu/sub_comprehens/ 7. http://www.poverty.org.hk/povertydata?tid=26 8. http://www.hkcss.org.hk/policy/ gfijgioerjgeignjierogioehjdjngjdfngfkdg dfgdfgfdgfdgdfgfdgfdgdfgfdgfd
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