Category: Economics

Hello, I’m really struggling with my essay, and it’s due tonight by 12, I really don’t know what else to do so I guess you can say this is a last resort. I’ve attached the requirements for the essay. It only has to be 3-4 pages long in APA style, not including the cover and reference page

Exercise 1:
Suppose two companies (A and B) control the whole industry. Suppose they agree to split the market in two. However, the two firms have different levels of cost efficiency. Suppose the demand and cost equations have been estimated as follows: P = 60-0.2Q MCA = 5+2Q MCB = 10+Q Tasks: 1. Calculate the optimal price and quantity needed to maximize profit for firms A and B. 2. Plot the demand and supply curve and show the optimal quantities and prices for each firm. 3. Discuss the difficulties of sustaining these optimal quantities and prices.
Exercise 2 is attached in the photo file.

Pricing strategy varies significantly across different market structures. The pricing guidelines in a monopoly market are relatively straightforward. Since the company is the only producer offering the product, it can mark-up the price as far as the customer can bear. The pricing strategies for a producer operating in a perfect competition structure are also fairly intuitive. They are price takers, and hence price is set at the marginal cost of the product. This is due to the fact that there are many firms offering nearly identical products. However, there is optimal pricing for the market structures offering differentiated products with many competitors (oligopoly) or a few producers (monopolistic competition). These are much more complex and involved. It has been stated that differentiation in products that creates differences in customer valuation is the most prevalent type of competition. In such markets pricing strategies may include the three C’s of cost, competition, and customer.
Develop a paper detailing an analysis of market structures and relating pricing strategies that are suitable for each of these structures. Furthermore, include a real world example of pricing strategy for a specific company by identifying its market structure. 
Your paper should be around 10 double spaced pages, in APA Format and structured as follows:
Cover page with a running head 

Abstract

1. Perfect Competition
 
1.1. Description
 
1.2. Pricing Strategies

2. Monopolistic competition
 
2.1. Description
 
2.2. Pricing Strategies

3. Oligopoly 
 
3.1. Description
 
3.2. Pricing Strategies

4. Monopoly
 
4.1. Description
 
4.2. Pricing Strategies

5. Case Study

6. Conclusion

References
Your paper needs to include at least five scholarly sources, i.e. peer reviewed articles. 

please check files for assignment instructions. It is due tomorrow May 4th* please let me know if you can make the deadline. Thanks!!

Conduct research on government intervention.
 Write an introductory paragraph by describing and
explaining the concept of government intervention in the economy.
 Identify the main reasons why governments intervene in
economic activities and provide forms/examples of government
intervention at different levels (local, national, global).
 Discuss the various forms of government intervention,
including fiscal policies (taxation and government spending),
monetary policies (interest rates and money supply), and
regulatory policies, as well as the objectives of each form of
intervention and when they are typically used..

1. Contrary to the misperceptions of those who oppose addressing extreme income inequality, few advocates for change actually believe in anything close to perfect equality. Most, including myself, believe that it is 1) impossible and 2) undesirable. Discuss why there are reasonable reasons for moderate, or even large, levels in income inequality, even if extreme inequality is detrimental to the welfare of most persons in a country.
2. One of the major problems being faced in economics today is the issue of asymmetric information. Referencing both the module on asymmetric information and the module on conditions necessary for an efficient market, what is the effect of this condition on an internet company such as eBay? Would your analysis also apply to the same degree to Amazon? Why?
3. You have been in business for 18 months and overall you are doing well, as defined by covering the costs of your operations and securing enough revenues to allow you to make your house payments and otherwise cover living expenses. You believe that if you could only expand operations, then your business and personal perspectives will improve. This would require a loan from a financial center. Discuss what you need to research and review to confirm this decision, both for yourself and for the lending institution. 

One (1) Essay question worth a possible One Hundred (100) points.
Directions: Summarize the question stated below with a minimum of eight hundred (800) words.
Define Macroeconomics, the economic concepts presented in the course, and describe at least three (3) fundamental economic questions that all economies must decide.