Entries by kiboi kiboi

Budget Cycle Paper

Assignment Content     You are the budget director of a small city that has just elected new city council members. Of these new council members some have a limited experience with budgets from their employment in the private sector, some have no experience with budgets or the budget cycle, and none of the new members have […]

Economics

1.  Read the two articles below that discuss why fuel prices fluctuate. Research two of these types further. 2. Locate two JOURNAL articles which discuss this topic further. You need to focus on the Abstract, Introduction, Results, and Conclusion. For our purposes, you are not expected to fully understand the Data and Methodology. Should be 500 […]

Problem Set In Managerial Economics

1.   Describe a pricing decision your company has made. Was it optimal? If not, why not? How would you adjust price? Compute the profit consequences of the change. The assignment is to answer the question provided above in essay form. This is to be in narrative form. Bullet points should not to be used. The […]

linear programming mode

Locate a recent article (from within the last 5 years) from the library’s databases OR interview a business leader about how a transportation, transshipment, assignment, or shortest-route problem was resolved with a linear programming model. Summarize the problem presented in the article or interview. Explain the objective function and constraints the business faced in relation […]

Government Market Failure

Describe the role government should play in correcting for market failures. Make sure to apply Saint Leo’s Core Values to your analysis, remembering that responsible stewardship calls on us to be ‘resourceful’.   You should cite specific examples and applications, and take a clear stand on whether you believe the actions of government work towards […]

The Law Of Diminishing Marginal Utility WS

Prior to beginning work on this discussion, read Farah Mohammed’s article, Why Are Diamonds More Expensive Than Water? (Links to an external site.), as well as Chapter 5 in your textbook, especially Sections 5.1 and 5.3, and respond to the following: Describe the relationship between total utility and marginal utility. Explain if marginal utility can be negative. […]

Microeconomics Discussion Reply To Peer Easy

REPLY TO STUDENT COMMENT WORD COUNT 150 Hello Johnny , You stated, “some small businesses will close down since they would not afford to pay their workers”. I agreed with you! Increasing the minimum wage argues small businesses would be adversely affected by such a drastic increase in the minimum wage. Just as small businesses […]

Microeconomics.

Can you believe we are in our final summit session? This final summit revolves around the concept of elasticity of demand and its effect on consumers (you)! For this discussion, please investigate an industry market failure that has occurred within the last 10-years in the U.S. Identify the events that led to the market failure. Discuss steps […]