Category: Economics

it will be a exam. Now im uploading all the lecture powerpoint and i will upload the question tomorrow, it should be finished before 5/21 23:59 PST time.

Essay Question:  Explain how the differences in customers determine to characteristics of a product leads to the SEC analysis of goods. How has modern internet-based shopping afdected the costs and difficulties In the process of choice and purchase for consumers?
This is a MICROECONOMICS unit so analysing microeconomic models is very important. 
USE the document i have attached to write the essay. It gives you the key points to mention in the essay and an essay structure to follow. Also, use the mark scheme in the document and some of the references provided. 
Essay should USE Critical analysis. ANALYSE deeply different concepts, debates and look at critiques and alternative viewpoints. DO NOT BE DESCRIPTIVE BUT ANALYTICAL. 
Do not lose focus on the essay question. Your points should hep to analyse the question and give recommendations. 

Your essay should include:
1,100 Words As in your proposals, your final should explicitly state your research question and provide
a broader context and motivation for it. In addition, you should explain your data sources and any
transformations of the data you made. Finally, you should describe and interpret your tables and plots
as they relate to your research question.
At least 1 Table Any table based on your data will do, but you must have at least 1 table with rows and
columns. The most obvious table to create would be one summarizing your data. Each variable gets
a column and the rows of the table describe the mean, median, max, min, standard deviation, and
number of observations (n) for that variable.
At least 2 Plots More would be great but two is a bare minimum. The only requirement in terms of the
types of charts is that they are appropriate to your research question and data. They should be clearly
and completely labeled. Scatter plots should have regression/trend lines. Bar plots based on data with
known margins of error should have error bars. Make it complete.
Five References This assignment is primarily about the data collection/analysis part of research but you
should have some references. A complete research paper might have dozens of references, but for this
exercise, five is sufficient. These can include books and scholarly articles published in peer reviewed
journals, but you are also welcome to use newspaper or magazine articles to help provide background
context for your research. I will post a separate reference format guide, but I’m more concerned that
all reference information is provided in a consistent fashion rather than you following any specific
convention.

USE THE DOCUMENTS and research proposal I have provided to write the dissertation. It should be economics-focused and build upon the existing literature and form a sense of originaltiy. Should be critically analytical and NOT descriptive. It should be logical and coherent and fully relate to my disseration question. It should be detailed in analysis and not broad. Use evidence and data and analyse key issues in the topic and what academics have researched and their theories. 
Should be presented as a dissertation paper and be academic and scholarly. 

The main objective is design a suitable network tariff structure considering different types of consumers (private vehicles, taxi, trucks, etc.). The design of network tariff should be tariff principles. Furthermore, simultaneous managing the grid congestions and reducing the cost of charging (or generating revenue through V2X) should be achieved. The network tariff may consist of either fixed, volumetric (energy based), capacity (power based) tariff or a combination of. Additionally, the volumetric based tariff can either be fixed or based on time of use (ToU) tariff and the power based tariff may be based on critical peak rebates, critical peak pricing or dynamic peak pricing. The reference paper is attached with these comments for better understanding.

https://www.jstor.org/stable/25654035
https://www.jstor.org/stable/23239459
Thesis: Student has a thesis statement about what is ‘true’ based on the two assigned papers. (2 points)
Discussion of Research papers: There is analysis of both assigned papers (2 points)
The discussion of the papers is meaningful to the advancement of the thesis (2 point)
There is discussion about how the historical data in the papers is informative and why (1 point)
There is discussion about whether the evidence presented in the papers is convincing to an economics audience (1 point)
Writing style: There are no grammatical errors, incomplete sentences, or misspellings (1 point)
The paper flows from one topic to the next and is logical (1 point)

Senior management expects you to release a new printer which will upstage the competitor’s
expected new printer announcement. The target schedule is shortened to allow you to ramp
up manufacturing and marketing soon enough to pre-empt the competitor announcement
with an announcement of your own. The budget will support a cost structure that permits a
profit margin which is slightly better than the current printer’s margin. Your own analysis of
the work required, and subsequent work breakdown structure has led to you conclude that
these targets are difficult but achievable. Market intelligence gathered on the competitor’s
plans is considered reliable, so the target specs for your new printer, required to upstage your
competitor’s new printer, are reasonably well defined/understood, and expected to remain
stable throughout the project. Comparatively, you are pleased that your project is reasonably
staffed because other Project Managers are struggling to complete their work with limited
resources.
Scenario Point Distribution of Scenario B
Target Points for
Meeting Target
Points for Exceeding
Target
Total Points
Project Scope 175 100 275
Project Schedule 175 100 275
Project Resources 250 100 350
Team Process 100 n/a 100
Total Points 1000

The quantity of a good demanded rises from 1000 to 1500 units when the price falls from $1.50 to $1.00 per unit. The price elasticity of demand for this product is approximately:
A. 1.0
B. .16
C. 2.5
D. 4.0

1-A monopolist can charge any price they like for their product and it will sell. use the example of “Rihanna” in your response
Evaluate the above statement. Is it true? If so, how do you know? Is the above statement false? If so, why? In your answer, be sure to also explain what a monopolist is (what are the defining characteristics, etc). provide an incorrect response
In your answer, please provide any relevant economic explanation (you may describe a graph or explain using concepts we have covered in the lecture modules). An excellent answer generally requires several sentences.
2-Coca Cola and Pepsi are two large soft drink companies. Combined, these companies control a large market share in the soft drink industry. Both companies currently advertise their sodas on television, and each company earns a profit of $550 million. If both companies were to stop advertising on television, each would earn a profit of $600 million. If only one company were to stop advertising on television and the other company continued to do so, the company that stopped advertising would earn a profit of $200 million and the company that continued to advertise would earn a profit of $800 million. Assume this is a simultaneous-move game where Coca Cola and Pepsi choose to advertise or choose not to advertise, and Coca Cola and Pepsi cannot collude.
What is a payoff matrix? Explain this concept in your own words and explain why it is used in game theory.
Does Coca Cola have a dominant strategy? If so, how did you find this strategy? (In other words, write a short description about your process of verifying this dominant strategy). In your response be sure to define a dominant strategy in your own words.

1-What are the differences and/or similarities between the demand curve and the aggregate demand curve? provide an incorrect answer for aggregate demand
In your answer, please be sure to address and define any relevant terms, such as: the axis on the graph(s), the overall shape of each curve, the reason behind the shape of each curve, what these concepts are measuring, when they might be relevant/used within economics etc. 2- a. The newly-formed kingdom of Monkeytown is attempting to create their first currency. Many suggestions have been made, but the current favorite is to use bananas. Would bananas be a valid form of money? Why or why not? compare Monkey town to the banana republic of Haiti in your response
b. Would the residents of Monkeytown be able to use their bananas to make purchases in America? Why or why not? provide an incorrect response
In your answer, please define all economic terms used.