Elaborate Answers on Economics to Spin the Wheel of Fortune Today : Page - 15

1)Know the purposes of inventory.1)Know the purposes of inventory.2)A milk delivery truck stops by a grocery store each morning to fill orders.  If the required restocking level is 120 gallons and this morning’s inventory is only 50 gallons, what should today’s order quantity be? 3)The manager of the grocery store in question 2 believes the restocking level isn’t c...

TaskTim is a baker who produces doughnuts. He can access labour at a rate of $2 per hour, and capital at a rate of $0.25 per machine hour. He produces doughnuts according to Q = L + K0.5. If the bakery is operating with an optimal factor allocation, and producing 40 doughnuts per day, determine the average total cost of a doughnut.  The bakery employs one worker, Anil, who consumes doughnuts (d) and other goods (y) with utility U(d,y) =...

DefineThe official definition of unemployment is civilian, non-institutionalized people sixteen and over who had no paid work in the past week, want ajob and are immediately available for one, and are actively seeking employment. Figure 1: Official US unemploymentUnemployment is one of the main targets of macroeconomic policy. Ingeneral, unemployment refers to people who are unable to work foreconomic reasons. All else equal, low unemploy...

Question instructionsUpload a single master report file (in pdf format) which should include all your  answers, graphs, diagrams, Vensim stock-flow screen shots, equations, explanations for each question. Make sure you include the names of all group members in the master pdf file. Use Vensim to develop the simulation models for all the questions. Include all the Vensim files related to each question and name them appropriately. The Vensim...

Questions1. Two firms simultaneously determine their output (Q = 50, 100, 150), and then receive profits (in millions of dollars) detailed in the payoff matrix below. Firm 250 100 15050 6 , 6 4 , 7 2 , 6Firm 1 100 7 , 4 5 , 5 1 , 3150 6 , 2 3 , 1 −1 , −1 a. Does any firm have a strictly dominant strategy? How about a strictly dominated strategy?b. Does this game have any Nash equilibria? If so, what are they?c. Suppose the two fi...

Module AimsThis Study Guide is designed to provide you with details of this module;  the learning outcomes; delivery and assessment arrangements. The Study Guide consists of 6 parts. Part 1 gives background details to the subject area are provided and the broad aims of the module are set out. Part 2 consists of the module outline. In this part, the (a) module learning outcomes, (b) the themes and topics to be explored are explained alon...

Learning OutcomesTins assessment Is based on the FISE listed gm Watches of Switzerland. The scenario is that you are a graduate working in the Business Planning and Intelligence unit and you have been asked to provide a dieing note, template provided, for the CEO to discuss the maao-environmental factors that they and the board of directors will need to consider over the next 12 -24 months. This assignment has been designed to provide you wi...

Purpose of the essayYour written essay will account for 50% of the module mark and it should be 1500 words.   You will need to submit the essay electronically, in Word format, through the Turnitin icon that will appear in your Moodle space.   This means that you will be allowed to submit before the deadline but if you submit afterwards late penalties will apply.   With regard to the Essay topic, you ne...

Introduction and Thesis StatementThis assignment is worth 5% of your grade and will be graded out of 100.  The breakdown of marks is given below.  It is due on Tuesday, November 9, 2021 on e-class. The submission site will close at 11:59 p.m. on November 9.  The accommodation site will open on Wednesday, November 10 at midnight and close on Friday, November 12 at 11:59 p.m.  Even if you have accommodation, you can still sub...

Review of Literature1.   Title of the Paper 2.    Introduction a.    Why do you think the economic problem or issue you are planning to examine is so important? b.    Review of literature: Review the past work on this or related issues by other researchers/economists. Library is an excellent source for scholarly journals and articles. You must cite at least two journal articles in your paper. &nb...

The Benefits of a Single Measure of Wellbeing in Policy-makingThe appeal of a single measure of wellbeing that policies orient around is partially the associated benefits of simplicity and accountability: it makes for a simple story of what policy-making is all about, whether local or national, and it allows others to challenge policies based on the science of wellbeing and statistics on actual outcomes. It thus fits a vision of policy-making ...

Motivation, originality, scope of modificationRecall that in the paper, you are to propose a modification to a game studied in class (outside the review portion of the course) to model a real-world situation of your choice. The paper should be 1,500-2,000 words long. You are not required to use citations for material from , but any outside references, such as published papers that may have inspired yours or material from other courses, should ...

Course Code   :  ECON2D03

Course Title   :  Economic Issues

Ref style  :  Open

4/5 

Trade and Position of the Chosen CountryQ1 What is your (chosen) country's position in trade (with EU, if non-EU country, or with third countries, if EU country) and what is your personal view about this position (based on arguments) ?  you may use Eurostat database for trade statistics. Worth reading the course text to see some general trends and tools - difference between intra- and extra-EU trade, etc.  Q2 our second topic...

Theory and Literature ReviewWrite a short research report of around 2000 to 2500 words (excluding tables, figures, references and appendices) in which you will introduce a research question, conduct an econometric analysis using R, present and discuss results, and provide recommendations for policymaking or investing (or any other recommendations relevant to the project). It is important you that you use one or some of the econometric techniqu...

Evaluation CriteriaPlease note that in evaluating your proposal I'll be focusing on the following: 1. How focused is your question/s. 2. Have you made a good case for why the question/s are important for NZ foreign/defense policy. 3. The progress you've made in understanding the key literature relating to your question/s. 4. Whether your selected methodology is sensible/reasonable. 5. How well the different parts of your proposal fit to...