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Provide some brief historical context about the socio-economic backdrop during which Marx wrote his theories, how his ideas differed from conventional economic thinking at the time, how they were received, but DO NOT focus on this.

FORMAT, STRUCTURE and GUIDANCE: – The focus of the essay is Marx’s notions of Inequality and how this impedes economic growth . The introduction of the essay should briefly explain of this concept and state the key points for the discussion which is: how important/relevant is this concept of Inequality in Marx’s theory – Provide […]

Explain how Limited Edition products and scarcity affect consumer behavior .

How Limited Edition products and scarcity affect consumer behavior. Write a 2500 word write-up. Should include at least 8 scholarly articles and 5 popular media articles . Should include in-text citations as well as a reference list. Citation style must be as per APA style.Explain how Limited Edition products and scarcity affect consumer behavior .

Present the summary statistics for all of the variables in states and time periods in which a Democrat won the gubernatorial election relative to those in which the Republican gubernatorial candidate won the election, for black and white individuals separately. Briefly characterize this population and interpret the results .

Questions (a) Present the summary statistics for all of the variables in states and time periods in which a Democrat won the gubernatorial election relative to those in which the Republican gubernatorial candidate won the election, for black and white individuals separately. Briefly characterize this population and interpret the results . (b) Generate a set […]

Determine two strategies that Coca-Cola is actually pursuing . Give some pros and cons of those two strategies in light of the guidelines presented in attachment below.

Comparing what is planned versus what you recommend is an important part of the case analysis. Do not recommend what the firm actually plans, unless in-depth analysis of the situation reveals those strategies to be best among all feasible alternatives. This exercise gives you experience conducting research to determine what a firm is doing now […]

Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down?

Based on the assigned readings, what is your understanding of perfect competition and monopoly? What the main characteristic of each market structure? After evaluating the characteristic of perfect competition and monopoly, which market structure do you believe is close to the hotel industry in the U.S.? Address each of the following based on your knowledge […]

Can, and how does, the entrant succeed? Is the incumbent ever in control of this game?Explain.

We consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm . There are several possibilities of how this sequential game will be played. We want to use the Froeb rule of “look ahead and reason back.” Instructions Use Figure 15-1 from the textbook as your […]

If you increase production to an infinitely large level, the average variable cost and the average total cost will merge. Why?

If you increase production to an infinitely large level, the average variable cost and the average total cost will merge. Why? Economics 2030 LSU discussion Forum Examples As we look at the effect of the marginal cost on the average total cost and the average variable cost, the marginal cost curve pulls the other curves […]

Describe how your expectations about the economy have changed because of Covid-19. How did you alter your spending patterns during this pandemic? Do you expect consumer confidence and business expectations to improve in the months ahead?

As you have learned consumer expectations are a major driver of the short run path of the economy. Consumer spending account fors about 70% of GDP and consumer confidence is a major factor in shifting Aggregate Demand. Describe how your expectations about the economy have changed because of Covid-19. How did you alter your spending […]

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