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For Instructor’s Use only The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. Students must mention question number clearly in their answer. Late submissionwill NOT be acce...
Task CLO Description 1. Demonstrate comprehensive and highly specialized knowledge of economic principles that can be applied to company decision making. The emphasis is on practical problems that may face anyone in a management position in three major decision areas: cost and production analysis, pricing strategy, and competitive strategy. (Knowledge) 2. Demonstrate advanced knowledge of principles and methods (techniques) of...
Question 1 Consider a price-taking firm that has total fixed cost of $50 and faces a market determined price of $2 per unit for its output. The wage rate is $10 per unit of labor, the only variable input. Using the following table, answer the questions below. (1) Units of Labor (2) Output (3) Marginal Product (4) Marginal Revenue Product (5) Marginal Cost (6) Profit 1 5 &nbs...
Part One: 30 Marks1) Jonathan is currently working for a clothing company and earning $20,000 per year. In hopes of raising his future income he is considering quitting his job and returning to school to get his degree. He estimates that tuition and textbooks would cost $4,000/year while all other living expenses would be $8,000/year. Jonathan thus calculates his costs for the first year of college to be $12,000. Was he correct...
Task Assessment 2: Individual Assignment, 40% of Module Weighting 1. Instructions i) Assignment Submission All assignments (written work and reference list) are to be submitted in ONE (1) file to the eLearn LMS system for marking. No cover page is required for submission. ii) Assignment Brief The strength of a country’s economy can be determined through careful examination of macroeconomic indicators. Working individually, conduct r...
Question 1 A. Show a housing market with a nonbinding rent control (price ceiling).   B. Show this on a graph. Show a housing market with a binding rent control (price ceiling). Does this create a shortage or surplus?   C . Show this on a graph clearly. Who are helped by the binding rent control and those who are hurt by the binding rent control. ?  ...
HR Strategies for Engagement and RetentionAssignment Question As an HR professional, we need to provide policies and practices which will enable us to get the best performance from our employees. As an HR professional what can we do to ensure that this happens? Looking at an organisation which you are familiar with and their HR strategy please provide a critical review of: The methods they employ to engage and retain employees? Is this e...
Model Specification for Testing Whether Exposure to Video Games Increases Violent Behavior1. The authors posit that violent video games increased aggressive behavior. Write down a model specification that corresponds to the basic OLS regression model testing whether exposure to video games increases violent behavior as shown in the paper. Explain how you would interpret the coefficient on video games. 2. Explain how the conditional mean zer...
Formatting requirements1 IntroductionDecision-makers in government rely on the advice of experts when formulating policy or discharging their statutory responsibilities. In this assignment you will take the role of an expert economist, employed by a government department. An expert economist’s role inthe government decision-making process is two-fold:• Analysis: Economists use their specialist knowledge and skills to analyse the lik...
Challenges of Economic Development in Developing CountriesThe majority of the developing countries grapple with lower levels of living, productivity, industrialization, manufacture exports, and human capital, as well as higher rates of absolute poverty, inequality, and population growth rates. Besides, social fractionalization, larger rural populations, and underdeveloped financial and security markets are common (Todaro & Smith, 2014). Si...
Targeted Subsidies vs. Monetary PaymentsThe answers do not need an introduction or conclusion. Simply state each question followed by an answer. The answers should contain three ingredients: relevant diagrams; explanation in your own words; relevant mathematical expressions. A key ingredient of a successful answer is that it has explained accurately the economic logic involved. Refer to the diagram(s) and say what they show. You do not need...
Modigliani and Miller Propositions and Their Relevance to Capital Structure Decisions1. Describe the two Modigliani and Miller propositions, the key assumptions under-lying them, and their relevance to capital structure decisions; use Proposition 2 to calculate the return on equity 2. Discuss the benefits and costs of using debt financing and calculate the value of the income tax benefit associated with debt Copyright© 2015 John Wiley &a...
Summary of COVID-19 and essay approachBased on one country of your choice discuss the impact of COVID-19 on its economy and society. 1. Search newspaper articles on COVID-19, select a country to focus 2. At least 1200 words (between 1200 and 1500) 3. Summarise Covid-19, guide readers on how to approach the essay 4. State causes of the problems 5. Don't need to identify and discuss economic concepts (Point Number 2 in econs assignment in...
Proposal for Selling the Digital PlatformWrite an essay answering ALL questions in the Examination Booklet. Students must attempt all questions in the Examination Booklet. You are asked to write an essay answering all the questions shown below. You are only required to submit you essay, however, you may include the procedure to find the solutions to the problems as an appendix in your essay. essay in the order specified, and in a cl...
Question 1Question 1 (1 mark)Use the data to calculate the market demand. Quantity demanded Market demand price Tom George Lisa Emy A $50 1 4 0 0 B 45 2 6 1 0 C 40 3 8 2 1 D 35 5 11 4 2 E 30 7...
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