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Use Supply and Demand Principles to Evaluate Market Trends and Events
Need help with my Business question – Im studying for my class.
Assume that the City Council in Prescott, Arizona is considering implementing price ceilings on rental units based on the number of bedrooms in the unit. The demand function for rental units (on a single bedroom equivalent basis) is given by QD = 120 4P and the supply function is given by QS = 2P, where P is price and Q is quantity. The Council is considering imposing a ceiling price on rental units of Pmax = 16.
1. Using the given functions, draw a corresponding demand curve and a supply curve. Properly label the equilibrium price and quantity. Then show what will happen to equilibrium if the City Council imposes a price ceiling at 16.
NOTE: There are numerous guides online that demonstrate how to draw supply and demand curves; most are done in Excel. To create the demand curves that you need for this assignment, create an Excel file with a price column, including prices from $1 to $30. Using the formulas, compute the quantity demanded at each price and quantity supplied for each price. Then copy and paste the graph into your Word document where you will write out answers to the following questions.
2. Are consumers of rental-housing in Prescott well-served by this price ceiling policy? Provide a careful economic analysis in support of your claim. In particular, discuss what happens if a regulated price is set that is not equal to the equilibrium price.
3. Suppose that the Council is concerned that landlords will allow the quality of their rental units to deteriorate following the imposition of the ceiling price. What can you infer about the level of quality that landlords provision will allow if consumers are worse off, following the imposition of the ceiling price? Provide a careful economic analysis in support of your claim.
4. Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals. Would owners of rental houses in Prescott be likely to support this proposal, or would they prefer the status quo (i.e., no price ceilings)? Provide the economic rationale for your answer. (In answering this question, you should ignore all supply-side considerations. In other words, just assume that supply adjusts fully to accommodate demand.)
5. Find three recent scholarly articles concerning proposals to increase the minimum wage in the United States. Using a supply, demand and, in this case, price floor analysis similar to what you did for the rental unit price ceiling, for this assignment write a 3 to 5-page analysis, based on sound economic principles, of the proposal.
Refer
Chapter 7: Supply, Demand, and Equilibrium
Kevin C. Klein
In: 21st Century Economics: A Reference Handbook
Edited by: Rhona C. Free
Prices come from supply and demand: Supply and demand. (2012). In Big ideas simply explained: the economics book. London, UK: Dorling Kindersley
Prices. (2015). In T. Riggs (Ed.), The Gale encyclopedia of U.S. economic history (2nd ed.). Farmington, MI: Gale.
Winn, A. M., Parente, M. L., & Porter, D. (2016). Seller Beware: Supply and Demand Reduction and Price Manipulation in Multiple-Unit Uniform Price Auctions. Southern Economic Journal, 82(3), 760780.
Discussion: Westfield Mall
Im stuck on a Economics question and need an explanation.
Question 1: Please answer this question strictly from a pure economics point of view only. Let’s pretend that you are the employer/owner of a firm located in an area with a higher minimum wage in this shopping mall. The product you are selling is hamburger and let’s assume that the hamburger from Carl’s Junior, Wendy’s, and Burger King are exactly the same. As you know, not all workers have the same level of skills and/or productivity. Given that you now have to pay a higher minimum wage, who would you likely keep employed in your firm (would you pick the most productive or the least productive worker)? Why?
Question 2: Use the economic model on price floor and strictly from this model please explain which one would be greater. Will quantity supplied be greater than quantity demanded? Or will quantity demanded be greater than quantity supplied? Why?
****Remember, demand and quantity demanded are two different things just like how supply and quantity supplied.*****
Question 3: Firms need to earn a profit and due to this some firms may do what with the price of their products they sell to their customers after the minimum wage was instituted? Will the firms charge a higher or lower price to their customers? Why?
public vs business budget strategies
Im working on a Law exercise and need support.
Write a 700- to 1,050-word paper in which you compare public and business budget preparation strategies. Make sure to include:
- Introduction to budget preparation
- Operating and funding sources of public revenue
- Effects of demographics on public revenue services
Include at least two academic sources in your paper, including one from the university library.
Format your paper consistent with APA guidelines.
Health Care Timeline
I need support with this Health & Medical question so I can learn better.
Review the Topic Material, “Timeline for the History of Public Health and Epidemiology” to complete this assignment. Using this resource as an example, create your own timeline in a Word document with significant dates that influenced and changed the health care delivery systems.
- Your timeline should begin where the timeline in the topic material above ends (1988).
- Your timeline should end with the most current and significant information that you can find. You are required to add a minimum of 10 significant dates to this timeline in order to receive a passing grade.
- Provide a detailed description for each significant date and event you add to the timeline.
Use appropriate and scholarly sources in order to complete this assignment successfully, such as peer-reviewed literature and web sources that have .edu, .gov, and .org domain addresses. Wikipedia, and most .com sources are not considered to be of sufficient scholarly rigor.
While APA format is not required for the body of this assignment, solid academic writing is expected and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
Develop a decision matrix, select a contract for your turnaround project, and provide a rationale and a statement of work (SOW) for the turnaround project.
Im trying to learn for my Management class and Im stuck. Can you help?
At this point in the process, you need to help NearlyFree.com recognize different contract types and make the right selection for the turnaround project. As the consultant for Project Revive LLC, your final task will be to create the statement of work (SOW) that describes the expectations for the new employee orientation product the third-party vendor will provide. Note: the various resources needed for this assessment are linked below.
Although you have a lot of experience preparing statements of work, NearlyFree.com has not completed this part of the procurement process before. So, as part of your services, you will guide NearlyFree.com through this process. Your task is to help your client recognize the benefits of a good SOW and the risks associated with a “poor” SOW
Part 1: Project Contract Analysis
Deliverable: Develop a decision matrix, select a contract for your turnaround project, and provide a rationale
- Develop a decision matrix to determine the best type of contract for the project considering the circumstances, timing requirements, budget availability, market conditions, and availability.
- Select a contract for this project and explain your selection.
Part 2: Statement of Work (SOW) Analysis
Deliverable: Create a statement of work (SOW) for the turnaround project.
Prepare a contract statement of work (SOW) describing the product or service to be supplied by a third-party vendor.
- The statement of work is your opportunity to clearly communicate your requirements and expectations. Refer to similar products on the Internet for realistic information to use in your statement of work.
- You may wish to use this optional Statement of Work Template [DOC] to complete this task.
- You may use other formats, if the information thoroughly addresses the expectations and requirements of the product or service.
The SOW should address the following aspects related to the product or service to be procured:
- Specifications.
- Approach.
- Scope.
- Roles and responsibilities.
- Product and deliverables schedule.
- Deliverables and costs.
- Change control.
- Acceptance management.
- Quantity.
- Quality standards.
- Performance data.
- Work location.
- Period of performance.
- Contract to be used.
Preparation
Use the software of your choice to develop the deliverables for this assessment.
This assessment has two deliverables:
- Develop a decision matrix, select a contract for your turnaround project, and provide a rationale.
- Create a statement of work (SOW) for the turnaround project.
Deliverable Format
- References: There is no set number of references required for this assessment. Use scholarly or academic sources where applicable.
- Format:
- Microsoft Project is not required for this assessment. This assessment has two parts and two deliverables.
- Use your choice of MS Word, MS Visio, or MS PowerPoint to develop the comprehensive analyses
- These analyses are professional documents and should therefore follow the corresponding Academic and Professional Document Guidelines [PDF], including single-spaced paragraphs.
- Use APA style and format for references and in-text citations.
Role of the AGNP in Safe Transition of Patients
I need help with a Health & Medical question. All explanations and answers will be used to help me learn.
Role of the AGNP in Safe Transition of Patients
- Select one evidence-based practice article addressing patient quality and safety in transition of care from one healthcare setting to another.
- Identify one specific issue that commonly occurs when patients are transferred from one healthcare facility to another with regard to patient quality and safety.
- Describe the role of the AGNP to enhance and ensure the frail elderly patient is transferred safety from one healthcare facility to another.
- What is SBAR and how does it assist in safe and effective communication between and among various health care delivery settings for frail elderly patients?
Discussion F 1
I need an explanation for this Management question to help me study.
Part 1: Financial Acumen
Keeping abreast of the financial measures and metrics employed by a company allows employees to better understand its health and position at any given time. Using the Internet:
1. Review at least three (3) articles on financial acuity. Summarize the articles in 400 600 words. Use APA formatting throughout including in-text citations and references.
2. Discuss the benefits of establishing solid financial acumen in a company? Discuss your personal experiences in a situation where financial acumen was either not supported as an organizational hallmark or, conversely, was built into the company’s culture.
Part 2: Sarbanes–Oxley (SOX)
Write a 200-word commentary on Sarbanes Oxley and the importance this act has for American businesses today. Your commentary should include the following:
A. Rationale for SOX
B. Provisions of SOX
C. Enforcement of SOX
APA format and No plagiarism please.
EDR8204 Northcentral Week 7 Signature Assignment: Justify Your Qualitative Research Design Rationale
Need help with my Academic question – Im studying for my class.
Instructions
In this assignment, you will review the template for the research prospectus and then draft a qualitative research method and design rationale typical to what would be presented in a Method and Design section of the research prospectus in your future CMP-9601E or CMP-9701E course. Be sure to revisit the prior assignments submitted for each of these study design components and the sources cited previously as you draft this rationale.
The rationale must describe and cite scholarly sources to support justification for each of the following components:
- Justification for the choice of the qualitative method to examine an educational research problem.
- Justification for the choice of research design as appropriately aligned with the qualitative method.
- Justification for the choice of sampling method and sample size as aligned with the conventions of qualitative research and the specific research design proposed.
- Justification for the choice of data collection method as aligned with the conventions of qualitative research and the specific research design proposed.
- Justification for the choice of data analysis method as aligned with the conventions of qualitative research and the specific research design proposed.
- Describe the qualitative analysis software application to be used for the proposed for the data analysis method proposed.
Length: 2-3 pages (does not include title page and References pages)
References: A minimum of 4 scholarly research guides or scholarly articles specific to the selected research design must be used to support the choices made and the rationale presented. Avoid general scholarly research guides such as Creswell or Trochim, and instead, utilize sources specific to the qualitative research design selected for the rationale.
Option 2 Preparing Adjusting Entries
I dont know how to handle this Accounting question and need guidance.
Note: The template required for this assignment is attached.
Option #2: Preparing Adjusting Entries, Closing Entries and a Post-Closing Trial Balance
Complete Part 1 and Part 2.
Part 1
Shown below is Johnson Travel Agencys adjusted trial balance as of the end of its annual accounting period:
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Johnson Travel Agencys Adjusted Trial Balance December 31 |
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Account Name |
DR. |
CR. |
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Cash |
$ 52,000 |
|
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Accounts receivable |
18,900 |
|
|
Office equipment |
31,500 |
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Accumulated depreciationOffice equipment |
$7,500 |
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Notes payable |
11,260 |
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Capital stock |
42,500 |
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Dividends |
2,500 |
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Fees earned |
98,000 |
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Salaries expense |
45,200 |
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Rent expense |
2,300 |
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Depreciation expenseOffice equipment |
3,160 |
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Office supplies expense |
3,700 |
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Totals |
$159,260 |
$159,260 |
Required: Using the template in the Module 3 folder, prepare the following:
(a) Prepare the necessary closing entries.
(b) Prepare a post-closing trial balance.
Part 2
Determine if the following transactions for Everon Corporation require an adjustment. If an adjusting entry is required, give the correct entry. Where applicable, write the original entry first and then the adjusting entry.
- At the beginning of the month, Everon agreed to perform services for the next four months for Maston, Inc. for $25,000 per month. Ford paid Michigan $100,000 cash in advance. One month has now passed.
- Everon pays its employees every two weeks. At the end of the month, Everon owes its employees $75,000 but will not pay them until the following week.
- Everon paid $60,000 cash for rent at the beginning of the month by debiting prepaid rent and crediting cash. This amount covered six months of occupancy, but only one month has passed.
- At the beginning of the year, Everon bought supplies from Douglas Implements for $4,500 cash per month for twelve months. A physical count at year-end revealed supplies worth $1,500 were still left over. Complete the original journal entry followed by the adjusting entry.
Review the grading rubric to understand how you will be graded on this assignment.
Note: The template required for this assignment is attached.
Rubric
ACT300 Mod 3 CT
| Criteria | Ratings | Pts | ||||
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This criterion is linked to a Learning OutcomeRequirements |
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10.0 pts |
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This criterion is linked to a Learning OutcomeContent |
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20.0 pts |
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This criterion is linked to a Learning OutcomeCritical Analysis |
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10.0 pts |
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This criterion is linked to a Learning OutcomeProblem Solving |
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10.0 pts |
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This criterion is linked to a Learning OutcomeDemonstrates college-level proficiency in organization, grammar and style. |
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10.0 pts |
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Total Points: 60.0 |
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man-made disasters, war, genocide, famine, Displacement, etc
Can you help me understand this Health & Medical question?
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Look up the top ten ongoing humanitarian crises around the world. Select one and write your discussion post on that crisis. (If you are an international student, please select a crisis that is happening outside your region. For example if you are from a nation in South America, please do not write about the crisis in Venezuela, etc). Also, please do not write about the Syrian Refugee Crisis For example: One of the major ongoing international crises is the humanitarian crisis in Yemen that has been fueled by war, political, economic, and other social upheaval in the region. The focus of the assignment is to bring attention to an ongoing crisis that appears to get little attention in the west but is considered one of the worst humanitarian crisis in our time. We are concerned about the humanitarian issues as it relates to the global health related issues. Read up on current news reports on what is happening in the crisis you selected. For example if you selected the Yemen situation you would:
To obtain full credit: Make an original post (250-350 words) that includes the photo, your commentary on the photo, and that addresses the above questions at least 2 scholarly references that includes the citation for the photo. (15 points) Your original post should be made before the due date so that others have time to read and respond to what you wrote. (1 point) Respond to at least one post from your classmates. Your response to your peers must be at least 150 words. (4 points) |
8 |
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