Category: economics

Direct and indirect price discrimination within the context of a hypothetical scenario.

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The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price, they are happy with the deal. There is no coercion. If the person really does not like the deal, they simply walk away.

This week’s discussion will give you an opportunity to explore direct and indirect price discrimination within the context of a hypothetical scenario.

Also see the help provided in the discussion preparation.

Instructions
For this discussion, use the following hypothetical scenario as the basis for your response:

Your business partner is strongly opposed to your proposal to charge your largest customers lower prices for your web-based services than what you charge your smaller customers. She is arguing it is unethical, unfair, and possibly illegal.
Address the following in your discussion post:

Make a case that both groups of customers will be satisfied with the deal and that this is a perfectly legal form of pricing in a business-to-customer relationship.
What degree is this type of price discrimination?
How will the plan increase revenue?
Why will both groups of customers be satisfied with the deal?
Why is this a legal form of pricing?
Use evidence from your textbook or other reputable sources, including any help in the discussion preparation, to support your case to your business partner.

The differences between economies of scale and economies of scope.

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The focus of this discussion is on understanding the differences between economies of scale and economies of scope. What are the key differences? Use these concepts to determine whether gains from economies of scale or gains from economies of scope were the principal reason behind a merger or acquisition.

Also see the help provided in the discussion preparation.

Instructions
Select one of the mergers and acquisitions below. Consider whether the merger/acquisition was about scope or scale economies.

Sirius XM acquired Pandora.
The acquisition of Credit Karma by Intuit.
The merger of Strayer University and Capella University to form SEI.
For your chosen case, address the following in your discussion post:

Explain how economies of scale and scope differ.
Describe how growth in the case you selected is created from either an economy of scope or scale.

Measuring the Economy’s Performance

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For this assignment, you should use the information in the textbook and the information found on the official government website: www.bea.gov/index.htm

Based on the information contained in the textbook and on the Web site above, answer the following questions:

What does gross domestic product (GDP) tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
What was national income (NI) for 2008? What does national income tell us? What is the difference between GDP and NI? How has NI changed since 2008? What caused these changes?
What was disposable income (DI) for 2009? What does disposable income consist of? How did DI change from 2008? What caused these changes?
Does GDP measure the well-being of society? Why or why not?
What was GDP in 2008 (sometimes called GSP) for your state? How does your state rate when compared to other states?

Analysing the tools of the trade policy

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You need to analyze the tools of the trade policy your countries are applying towards the trading partners.

1) describe the measures to protect the local producers (tariffs, quotas, subsidies) – the size, the products that are covered, the time when they are (were) applied;

2) what are the reasons of applying these measures and how it benefits the local economy?

Consider the statistic support, examples, links so on. Try to stay sufficiently critical in your analysis. The word count doesn’t play a vital role, still should be sufficient to describe the corresponding policy (at least 1000 words altogether for the post). Remember to provide the sources.

 

Job discrimination

Posted on | by Brian Leakey

Job discrimination (Chapter 11, pages 401–433), is the topic for this week. We will explore areas such as disparity, affirmative action policies, bias wage systems, hostile work environments, sexual harassment, and many other job discrimination topics.

For this week’s discussion, think about the concept of comparable work for comparable pay. Most companies provide a job description that details the work involved for the positions, the expected experience and education needed to properly do the work, as well as the physical abilities needed to hold the positions. The applicant is aware of the requirements needed and makes the decision to submit an application, cover letter, and resume.

provide your opinion on the hiring process and the determination of the wages to possibly avoid wage discrimination based on gender.

Respond to the following:

You might be familiar with how the television show The Voice works. The judges do not see the singer until after they hear the singer and make the choice to accept the person onto their team. Do you think if all of the names were removed from application documents prior to presentation for candidate selection, and a set wage was assigned before a face-to-face interview was held, that it would help to reduce the gender disparity in wages, since the potential for gender identity is not disclosed prior to interview selection? Explain your answer.
Be sure to respond to at least one of your classmates’ posts.

Job discrimination

Posted on | by Brian Leakey

Job discrimination (Chapter 11, pages 401–433), is the topic for this week. We will explore areas such as disparity, affirmative action policies, bias wage systems, hostile work environments, sexual harassment, and many other job discrimination topics.

For this week’s discussion, think about the concept of comparable work for comparable pay. Most companies provide a job description that details the work involved for the positions, the expected experience and education needed to properly do the work, as well as the physical abilities needed to hold the positions. The applicant is aware of the requirements needed and makes the decision to submit an application, cover letter, and resume.

provide your opinion on the hiring process and the determination of the wages to possibly avoid wage discrimination based on gender.

Respond to the following:

You might be familiar with how the television show The Voice works. The judges do not see the singer until after they hear the singer and make the choice to accept the person onto their team. Do you think if all of the names were removed from application documents prior to presentation for candidate selection, and a set wage was assigned before a face-to-face interview was held, that it would help to reduce the gender disparity in wages, since the potential for gender identity is not disclosed prior to interview selection? Explain your answer.
Be sure to respond to at least one of your classmates’ posts.