How much influence should the government have on businesses, workers, and the economy?

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Please and the following prompt. Thank you for your time.
Every modern society has a government of some sort, and every society has an economy as well. But how do the government and the economy intersect in society? That debate is prevalent in the United States today: how much influence should the government have on businesses, workers, and the economy? Some people say that the government should not have much influence on the economy—only the minimum necessary to ensure that society functions well. Others say that the government should ensure fair and equitable distribution of resources for all companies and workers. Still, others say that the role of the government falls somewhere between those two extremes.
You can start thinking about the intersection of government and the economy in the United States by considering your everyday life. From the time you get up in the morning until you go to bed at night, what contacts do you have with the government? Which of those contacts are related to the economy?

Critically assess whether foreign direct investment (FDI) from China benefits the Malaysian economy in the longer

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  1. Critically assess whether foreign direct investment (FDI) from China benefits the Malaysian economy in the longer

Max 800 words

  1. Using Dunning’s eclectic paradigm, evaluate THREE (3) determinants that influence decisions made by Chinese firms to invest in

Max 600 words

  1. Supposed that you were a top advisor to the Malaysian government. Perform a cost-and- benefit analysis to critically assess whether the government should scrap immediately or continue carrying out these mega infrastructure projects such as high-speed railway and gas pipelines that are backed by China’s state-owned enterprises. Justify your decision made by supporting with evidence if

Max 600 words

  • 15% similarity allowed. Turnitin.
  • As original as possible would be great!~

 

What anti-competitive practices do cartels engage in?

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There are 7 questions in the assignment and each of them should be completed separately in either single paragraphs or numerous paragraphs when necessary (simply number each answer from 1~7). To be succinct yet effective, you can use about 100~150 words to answer 3&5&6 mark questions and much more words to answer the 8&10 marks questions as they require more depth.

Read and consistently refer to the articles given in the uploaded material since they are probably important in my professor’s view.

Here are the questions and link to articles just in case the document does not work (look at the document as it has details).

1 How much damage do cartels do? (3)

2 What anti-competitive practices do cartels engage in? (3)

3 Why might firms wish to collude? (5)

4 Analyze three reasons why cartels are difficult to maintain. (8)

5 Outline some of the techniques that competition authorities have for detecting anti-competitive behavior. (5)

6 If cartel busting is to be effective it needs large fines and a high probability of getting caught. Discuss whether these conditions exist for the competition regulators. (6)

7 Oligopolistic industries are characterized by interdependence and uncertainty. Discuss whether firms, through colluding, can ever fully overcome the interdependence and uncertainty they face. (10)

Articles:
https://www.economist.com/business/2014/03/28/just-one-more-fix

https://www.economist.com/finance-and-economics/2012/12/15/the-scam-busters

https://www.icsa.org.uk/knowledge/governance-and-compliance/features/preventing-business
-cartels

https://voxeu.org/article/catching-cartels-new-toolkit

Explain why the success of this strategy depends heavily on the elasticity of demand of the food and drinks sold in the stadium.

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Elasticity of Demand
Part 1 – Article Analysis- The following is an excerpt from a January 2018 article about the new football stadium in Atlanta, GA. Read the excerpt and answer the questions below.
“When the Atlanta Falcons announced the food prices at their new $1.5 billion stadium — $2 hot dogs and sodas, $3 nachos… — fans loved it….. The Falcons owner had made a calculated bet that what the organization lost in price markup, it would recoup in volume — fans would come earlier, stay longer and buy enough food to make up the difference.
About 6,000 more fans per game entered the stadium earlier than they did in 2016, and in general, the venue sold as much food by the end of the first quarter of Falcons games as it did in full games in 2016. [Fans] also bought more food — sales were up 53 percent — and each fan spent, on average, 16 percent more on concessions (food and drinks).
Atlanta’s pricing is a dramatic departure from standard prices in NFL stadiums. At $2, hot dogs at
Falcons home games cost less than half the league average $5, according to the 2016 Team Marketing Report.” (Bloomberg News)
1. Re-explain, in your own words, the Atlanta stadium owner’s “calculated bet.”
2. Explain why the success of this strategy depends heavily on the elasticity of demand of the food and drinks sold in the stadium.
3. If the price of food and drinks decrease by more than 53% and “sales were up 53 percent,” is the demand for concessions in the stadium relatively inelastic, relatively elastic, or unit elastic? Explain.
4. Assume that the stadium owner decided to allow unaffiliated vendors to sell nachos inside the stadium. Would the demand for nachos become more inelastic or more elastic? Explain.
Elasticity of Supply
Part 2 – Article Analysis – Read the following article excerpt regarding the 2016 fidget spinner fad.
“Fidget spinners had been around for years, marketed as aids for kids with attention problems (a claim that has little scientific backing). But they were never particularly popular. That changed last year (2016), after a rash of videos appeared on YouTube featuring teenagers performing fidget-spinner tricks. That caught the attention of Chinese factories, many of which have begun to employ squadrons of workers to monitor social media and Google Trends, allowing them to jump on the next big consumer-product craze as soon as it starts materializing.” www.nytimes.com Part 1 – Article Analysis – Read the excerpt regarding Caterpillar Inc. and answer the questions.
“Orders for the mining machines and construction bulldozers made at this sprawling Caterpillar Inc. factory in central Illinois have jumped, in general, three-fold over the past year (2018)….But meeting that boom in demand at the world’s largest heavy equipment manufacturer is a challenge…” www.reuters.com
5. Do you think that the supply for new bulldozers is relatively inelastic or relatively elastic? Explain your reasoning.
Part 3 – Article Analysis – Read the following article excerpt regarding the 2016 fidget spinner fad.
“Fidget spinners had been around for years, marketed as aids for kids with attention problems (a claim that has little scientific backing). But they were never particularly popular. That changed last year (2016), after a rash of videos appeared on YouTube featuring teenagers performing fidget-spinner tricks. That caught the attention of Chinese factories, many of which have begun to employ squadrons of workers to monitor social media and Google Trends, allowing them to jump on the next big consumer-product craze as soon as it starts materializing.” www.nytimes.com
6. In general, how does the rise of Chinese factories that monitor trends affect the elasticity of supply for toys? Explain your reasoning.
Part 4 – Stretch Your Thinking – Answer the question.
7. The elasticity of demand for a product can be determined by analyzing the change in total revenue as a result of a change in price. Explain why this method can’t be used to determine the elasticity of supply for a product.

Evaluate this statement (in particular, the use of the word “despite”) from an economic standpoint, using your knowledge of how changes in demand affect equilibrium prices.

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Unit 1: Demand & Supply
Unit task: In January 2019, some tabloid newspapers reported disapprovingly on the recent rise in train fares, arguing that “the ticket prices were increased despite overcrowding getting worse last year”.
1. Evaluate this statement (in particular, the use of the word “despite”) from an economic standpoint, using your knowledge of how changes in demand affect equilibrium prices.
2. Illustrate your answer with two diagrams of supply and demand for rail travel:
• Before overcrowding happened (market in equilibrium) and
• during & after overcrowding (during overcrowding: an out-of-equilibrium point in the diagram; after overcrowding: the equilibrium point in the same diagram denoting the rail companies’ pricing response).
the Rail fares is on the UK
Word limit: 200 words maximum, not including the diagram.
Unit 3: Market Structure
Unit task: The global revenue of Groupon – an e-commerce marketplace – reached 3bn dollars in 2016.
1. Using your knowledge of price discrimination, explain why thousands of businesses choose to sell their services on Groupon.com, at a fraction of the official price charged on those businesses’ own websites.
2. Illustrate your answer with a diagram of the appropriate degree of price discrimination.
3. Why do some customers still pay the non-discounted official prices, instead of buying a Groupon deal?
Word count: 200 words maximum, not including the diagram.
Unit 4: Markets, Efficiency and the Public Interest
Unit task: In April 2018 the UK introduced “sugar tax” on drinks which contain more than 5g of sugar per 100 ml. By imposing the tax the government is hoping to correct the negative externality imposed on the society by people with unhealthy diets (the NHS spends £6bn a year on treating obesity-related diseases).
1. What is the likely effect of the tax on the equilibrium price and quantity on the market of sugary drinks?
2. Illustrate your answer with a diagram of this market. On the diagram,
• show the demand curve and the supply curve before the tax was imposed (equal to MC of the industry) and
• the supply curve after the tax was imposed (equal to MC of the industry + tax).
3. Can the producers of sugary drinks do anything to reduce the amount of tax they pay?
Word count: 200 words maximum, not including the diagram.
Unit 6: The Global Business Environment
Unit task: In September 2018, the US imposed its latest round of tariffs on Chinese imports, including a 10% tariff on appliances.
Illustrate the effect of the tariff with a diagram, assuming for simplicity that this tariff was imposed on appliances imports from all foreign countries.
1. On the diagram, show the domestic demand curve, the domestic supply curve and the world supply curve.
2. What happened to the equilibrium price after the tariff was imposed?
3. Did American producers of appliances win or lose? Did American consumers of appliances win or lose?
4. Whose loss (or gain) was larger?
Word count: 200 words maximum, not including the diagram.
Includes diagrams and referencing. Every unit needs diagrams.

What is the effect of trade barriers on the trade balance, the employment, and the economic growth?

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In a critical essay, evaluate trade barriers. Why do countries impose trade barriers? What is the effect of trade barriers on the trade balance, the employment, and the economic growth?

Now choose a country (other than Saudi Arabia) and evaluate the arguments for and against erecting trade barriers in your chosen country.

Directions:

  • Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
  • Support your submission with course material concepts, principles, and theories from the textbook (Required: Carbaugh, R. J. (2019). International economics (17th ed.). Boston, MA: Cengage.) and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
  • Use Saudi Electronic University academic writing standards and follow APA style

 

Explain in detail how the estimate is converted to the budget and how the budget is used as a cost performance baseline.

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Explain in detail how the estimate is converted to the budget and how the budget is used as a cost performance baseline. Include how the schedule is used with the budget. Make sure your explanation includes the time and cost relationship

What healthcare goods and services will be produced?

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Healthcare has been an ongoing debate in our society that last 20 years. Trade-offs force society to make choices when faced with these three fundamental economic questions:

What healthcare goods and services will be produced?
How will healthcare goods and services be produced?
Who will receive the healthcare goods and services produced?
In your original post, answer the following:

How do you think the healthcare debate in our country should be resolved:

Free market (personal responsibility, little to no government intervention)
Mixed economy (similar to the system we now have, but more government intervention, as in some European countries)
Centrally planned (single payer, socialism, government run, as in Canada or Great Britain)
Why do we have to ration healthcare at all? Why not unlimited healthcare? Think in economic terms. What is at least one of the trade-offs and opportunity costs of your opinion?

How do you account for the relative compensation of these different professions? Does it reflect their marginal revenue productivity?

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Chief Executive Officers (CEOs) are paid more than $100 million per year. Leading entertainers and sports figures make more than $10 million per year. The average physician earns about $200,000 per year. Most professors earn $50,000-100,000 per year. Sanitation workers earn $40,000-50,000 per year.
How do you account for the relative compensation of these different professions? Does it reflect their marginal revenue productivity? Explain based on the theory of demand and supply in the finished goods and services markets or the product market and the marginal productivity theory of labor demand that you have studied this past week.
only need a solid 2 paragraphs

Discuss the causal theory that underlines the jurisdiction’s development project.

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The purpose of the research paper is to familiarize students with various economic
development finance instruments and how they are used within different frameworks. Groups
are to select an economic development project in Northeast Ohio that has been implemented
and/or completed within the past 10 years.
1) History – Provide the background of Gordon Square(Cleveland Ohio) and the intended benefits. This
section will present a before and after of the development site and the project. How did it go from what it
was to what it is? Discuss the site Selection Process and the driver(s) behind the location.
Discuss the causal theory that underlines the jurisdiction’s development project. Identify the
market, including market size, trends, and competition.