Write a 5-7 page paper:
Compare and contrast surge versus congestion pricing. Provide a specific example of each currently in use.
There are many types of auctions, each with strengths and weaknesses in uncovering the real price/value of an item. Compare and contrast how each of the following uncovers value and provide a specific example of how each uncovers value:
The English auction and the Dutch auction.
The sealed-bid first-price auction and the Vickery Auction.
Auctions are widely used. Analyze an actual auction employed by each of the following:
A state or federal government or an agency of a state or federal government.
A for-profit business.
For each, explain what type of auction is employed and how the auction solves the problem of finding the best price for the good or service.
Read the Letter from Senator Warren to Fed on Wells Fargo FHC StatusLinks to an external site.[PDF].
Explain how an auction to sell the Wells Fargo consumer-facing banking division might be used to determine the value of the division.
Include a recommendation on what type of auction might be used.
Use five sources to support your writing, and include a minimum of three quality resources. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment.
Category: Economics
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Title: Uncovering Value and Solving Pricing Problems through Auctions: A Comparative Analysis
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Week Two Homework: Elasticity, Marginal Cost, and Consumer Choice
Week Two Homework
**** Attached the actual homework document below****
****NO AI ACCEPTED****
Chapter 6
Refer to the section on “Calculating the Price Elasticity of Demand”. Review the formula for calculating price elasticity of demand and work out the following problem:
A number of retail stores in San Diego form a “District”. In that district, a popular brand of lady’s handbag was selling at $400.00 per bag. In one week, the combined sale in the district was 200. The District Manager then declared a sale of 25% on the handbags. As a result, sale of the handbags increased to 550 in the following week.
Calculate price elasticity of demand. (Use the following formula: Elasticity =(Change in quantity demanded/Average quantity)/(Change in price/Average price)
What does the coefficient of elasticity indicate? Explain your answer.
A recent study determined the following elasticities for Volkswagen Beetles:
Price elasticity of demand = 2
Income elasticity of demand = 1.5
Based on this information, answer the following questions:
What will happen if the price of Volkswagen Beetles is reduced by 10%?
What will happen to the price and quantity of Beetles if consumer income increases?
Chapter 9
Define the following with appropriate examples. You will not receive any point if you do not provide example of each of the definitions.
Constant marginal cost
Implicit cost
Risk aversion
Sunk cost
Optimal quantity
Chapter 10
Fill in the gap:
(a). If good X is cheaper than good Y, and a consumer decides to consume more of good X and less of good Y, the effect is known as —- effect.
(b). If the price of a good goes down and, a consumer decides to consume more of that good, the effect is known as ——– effect.
(c). If a consumer’s income goes up and the consumer consumes less of good M, good M is known as —— good.
(d). A consumer’s budget line assumes that the consumer spends —– of their income.
Chapter 11
Complete the following Table:
Quantity
Q
Fixed Cost
FC
Variable Cost
VC
Total Cost
TC = FC +VC
Marginal Cost
MC= ∆TC/∆Q
0
$108
0
1
12
2
48
3
108
4
192
5
300
6
432
7
588
8
768
9
972
10
1200 -
“The Controversy Surrounding Negative Bond Yields: Economic Distress or Stimulus Tool?”
Some argue that negative bond yields are a sign of economic distress and financial instability, while others view them as a tool for central banks to stimulate lending and economic growth. What’s your perspective on negative bond yields and their impact on the economy?
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Supply and Demand Analysis of Everyday Goods: A Case Study of Coffee
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Instructions
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 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 service.
Identity and describe the main nonprice factors that could cause an increase or decrease in the supply of the good or service.
Explain how a change in demand affects the equilibrium price and quantity of the good or service.
Explain how a change in supply affects the equilibrium price and quantity of the good or service.
Based on your research of the good or service, what do you expect to happen to the demand for it over the next five years?
Based on your research of the good or service, what do you expect to happen to the supply of the good or service over the next five years?
Complete your essay using Microsoft Word and use the proper APA format. The essay must be at least 1500 words. Note that your work will automatically be submitted to Turnitin for plagiarism review.
Due on Jun 23, 2024 11:55 PM
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Rubric Name: ECON Writing Assignment Rubric
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“Exploring the Relevance of [Topic] in the Curriculum: A Comprehensive Analysis”
Cover Page
List of Content
Certificate
Acknowledgment
Introduction of the topic
Relevance with the curriculum
Conclusion
Bibliography -
Demand-Side Policies and the Great Recession of 2008: An Analysis of Fiscal and Monetary Policies and Their Impact on the U.S. Economy
Assignment 1: Demand-side Policies and the Great Recession of 2008
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 rates of unemployment and inflation. Demand side policies are government attempts to alter aggregate demand (AD) through using fiscal (cutting taxes and increasing government spending) or monetary policy (reducing interest rates). To shift the AD to the right, the government has to increase the government spending (the G-component of AD) causing consumer expenditures (the C-component of AD) to increase. Alternatively the Federal Reserve could cut interest rates reducing the cost of borrowing thereby encouraging consumer spending and investment borrowing. Both policies will lead to an increase in AD.
Develop an essay discussing the fiscal and the monetary policies adopted and implemented by the federal during the Great Recession and their impacts on the U.S. economy. Complete this essay in a Microsoft Word document, and in APA format. Note your submission will automatically be submitted through ″TurnItIn″ for plagiarism review. Please note that a minimum of 1500 words for your essay is required.
Your paper should be structured as follows
1. Cover page with a running head
2. Introduction: What is the economic meaning of a recession?
· A brief discussion of fiscal policies
· A brief discussion of monetary policies
3. Conclusions: Discuss the extent to which the use of demand side policies (fiscal policy and monetary policy) during the Great Recession of 2008 has been successful in restoring economic growth and reducing unemployment
4. References
Include in your essay analyzing the advantages and disadvantages of deficit spending and the effects of federal government borrowing on the economy i.e., the ″crowding out″ effect. -
“Time Series Analysis of Two Variables in Five Countries using VAR and VECM Models with Granger Causality Test”
I want to do a time series analysis. There are two variables and 5 countries. With VAR or VECM model anyway. Grangern test is the most important
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Title: Assessing the Effectiveness of Import-Substitution Industrialization in the Current Global Economic Order Essay 1: The Concept and Key Components of Import-Substitution Industrialization Import-Substitution Industrialization (ISI) is
I need in 90mins for the submission…
There is 5 questions and you have to choose 2 and I need each breef essays with 1.2pages each.
Notifications are
– Clearly explain the concept, including all key components
– Provide logical reasoning to support your analysis
– Ensure written content is free from minor spelling and grammar errors
Ex. Explain the Import-Substitution Industrialization strategy and assess its effectiveness within the current global economic order -
Title: Addressing Wage Inequality: A Comparison of Legal and Economic Solutions
Write an essay about Wage Inequality that fully answers the following questions, each in a separate section:
What’s the social issue you have chosen to write about?
Why is it important?
What is the best legal (command-based) solution to the issue?
What is the main advantage of the legal solution?
What is the best economic (incentive-based) solution to the issue?
What is the main advantage of the economic solution?
Which approach would you recommend? Why?
In your final draft, you are expected to use high-quality data and at least 8 high-quality sources (one of which may be the textbook). Make sure to cite them appropriately. The final draft should be minimum 4,500 words (about 15 double-spaced pages with 12 pt font and standard 1 inch margins) exclusive of title page, endnotes, and references. Submit it as a Word or PDF file, and make sure that it includes page numbers. -
Title: The Federal Reserve’s Response to the COVID-19 Pandemic: Actions, Effects on Aggregate Demand, and Potential for Inflation or Stagflation
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Instructions
During the COVID 19 pandemic that began to adversely impact the U.S. economy in early 2020, the Federal Reserve took a number of actions to attempt to ameliorate the impact of the covid virus on the economy.
Complete an essay in which you:
Identify and describe the specific actions that the Federal Reserve took to ameliorate the negative impact that the covid virus had on the economy.
Using the concepts of monetary policy that were covered in the course, explain how the actions of the Federal Reserve affected aggregate demand.
Explain how the actions that were taken by the Federal Reserve might result in inflation or stagflation.
Complete this essay as a Microsoft Word document. Make sure to format your paper using the APA style. The paper must be at least 700 words in length and will automatically be submitted to “TurnItIn” for a plagiarism review.