Category: Economics

Your current prices are $311 in the southwestern region, $278 in the western region and $240 in the New England region. Your marginal cost is now $212.21. Given the predicted changes in the quantity demanded by region per problem 1 and using the stay even analysis %ΔQd = %ΔP/[%ΔP + ((P-MC)/P)], can you raise the price by 7% in any of the regional markets? State your conclusion and then show all the steps supporting your conclusion. (You must show your steps. Note you are not being asked to compute the new price. Carry all decimals when doing your calculation, but round at the end to one decimal, i.e., 10.075 is 10.1)

Write an 8 page paper about the topic listed above and based on the slides presentation attached. Include the research question and hypothesis in the paper. Please use the structure and the information on the bullets points provided in the presentation as reference and the basis of the paper. Cite any sources used. Thanks!

Please follow all directions and be sure to do all three assignments correctly and follow all of the rubrics! Thank you so much! Please create your OWN titles for each of the different assignments! Please submit each assignment with a separate file!
M13: No readings, just use M13 lecture
M14: Chapter 18, “The Markets for the Factors of Production” 18-3b
M15: Chapter 3, “Interdependence and the Gains from Trade” 3-3b, Chapter 9, “Application: International Trade” Full chapter
Here is the link to the book:
https://zalamsyah.staff.unja.ac.id/wp-content/uploads/sites/286/2020/10/Principles-of-Microeconomics-8th-Ed.-GREGORY-MANKIW-1.pdf
PLEASE DO NOT USE ANY OUTSIDE SOURCES ONLY WHAT I HAVE PROVIDED! Thank you!

For this question, please answer the following:
What is the economic definition of GDP? for france
In your own words, what are some of the shortcomings of GDP? In your answer, please provide an explanation to some of the shortcomings you mention, and not just a list of these potential shortcomings. In other words, explain why these are shortcomings of GDP. If there are no shortcomings of GDP, please defend and explain your answer.
2-The planet of Tatooine is a dry desert. Times have been rough since the Rebellion began fighting against the Empire. The current planet demographics are as follows: 105,000 species are under the age of 16, 3,500,000 species are above the age of 16, there are currently 30,000 full-time students on the planet, and 75,000 incarcerated species. The galactic battles have ruined supply chains and resulted in many species losing their jobs. Currently 395,000 species are unemployed. Assume all of America’s definitions are used on Tatooine.
What is the full economic definition of unemployment? provide an incorrect answer
What is the size of Tatooine’s labor force? Show your reasoning (you may show your math or explain the process by which you determined the amount of the labor force. Answers which are just a number may not receive full credit. If you are unable to determine the amount of the labor force, please explain why). cal

For this question, please answer the following:
What is the economic definition of GDP? for france
In your own words, what are some of the shortcomings of GDP? In your answer, please provide an explanation to some of the shortcomings you mention, and not just a list of these potential shortcomings. In other words, explain why these are shortcomings of GDP. If there are no shortcomings of GDP, please defend and explain your answer.
2-The planet of Tatooine is a dry desert. Times have been rough since the Rebellion began fighting against the Empire. The current planet demographics are as follows: 105,000 species are under the age of 16, 3,500,000 species are above the age of 16, there are currently 30,000 full-time students on the planet, and 75,000 incarcerated species. The galactic battles have ruined supply chains and resulted in many species losing their jobs. Currently 395,000 species are unemployed. Assume all of America’s definitions are used on Tatooine.
What is the full economic definition of unemployment? provide an incorrect answer
What is the size of Tatooine’s labor force? Show your reasoning (you may show your math or explain the process by which you determined the amount of the labor force. Answers which are just a number may not receive full credit. If you are unable to determine the amount of the labor force, please explain why). cal

1. Use backward elimination to find useful predictors and build a final multiple regression model. Please download data from life.xlsx in the Datasets folder.
The dataset containss some variables related to states of U.S.
Please treat life expectancy as the response variable y.
Potential predictors xi:population;
per capita income;
murder rate;
% of high-school graduates;
mean number of days with min temperature < 32 degrees; land areas in squared miles; illiteracy.

The topic is ; Critically evaluate the effectiveness of water pricing strategies in addressing water scarcity and managing water demand in low-income countries.
This is for my masters class titled Economic Development and the Environment
I want to improve on :
Provide more context on water scarcity challenges in low-income countries:
– Highlight statistics and examples illustrating the severity of the issue.
– Discuss factors contributing to water scarcity
Analyze the pros and cons of water pricing strategies more critically:
– Discuss potential benefits of water pricing
– Explore limitations and drawbacks
Use examples for low-income countries – read the readings
Explore alternative or complementary approaches beyond water pricing:
– Discuss non-pricing strategies
– Evaluate integrated approaches that combine pricing with other measures.
– Highlight successful examples of alternative approaches in low-income countries.
– Discuss the impact of water pricing on low-income households and vulnerable populations.
– Explore strategies to mitigate affordability issues
– Provide a clear and well-supported stance on the effectiveness of water pricing strategies.
– Offer specific recommendations for policymakers and stakeholders in low-income countries.
– Highlight the need for context-specific, holistic approaches that consider social, economic, and environmental factors.
References and intext citations should be done correctly. APA style
Refer only to the readings attached

Editing, sentence flow,etc..and better introduction and sources needed. Attached sources. This is only an Introduction essay. other group members will be completing the remaining parts. Please enhance essay with sources

Please check the assignment details in the JPGs. pages 1-5 describes the assignment. Total words number is 2000.

Discuss the advantages and disadvantages of both free-market and command economic systems regarding the achievement of economic growth. You should use examples of countries in your answer. Use academically approved sources to research the ways that countries in transition, such as China and Russia, are managing any changes in their economies towards a different type of economy, and provide up-to-date economic data to support your findings.
You should also consider the reasons why countries such as China or Russia want to change their economic systems and how such a change is being managed.
Important issues for you to consider when building your argument:
• The definitions and characteristics of free market and command economies – compare and contrast • Economic growth as a major macroeconomic indicator of the performance of an economy
• Major factors influencing economic growth and their behaviour under different economic systems
• Interactions of major economic variables with economic growth under each economic system, such as unemployment, inflation, interest rates and balance of trade.
• Consider the reasons for any country (e.g. China and Russia) to want to change to a different economic system and what steps are being taken to achieve a successful transition.
Introduction: descriiption of issues/problems identified with the topic under discussion.
b. Discussion and Analysis: your analysis and answers to the questions raised in your discussion. These should be put into a coherent argument (you should try to break up this section using a few key subtitles where appropriate).
c. Conclusion: a short summary and your final evaluation that flows from your findings and analysis.
• References and Bibliography (apply the Harvard method of referencing).