Micro Economics

I'm working on a micro economics report and need support to help me understand better.Need a 3-page paper written. Instructions below.The Law of Diminishing Marginal Utility[WLO: 3] [CLOs: 1, 2, 3]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…

I'm working on a micro economics case study and need an explanation to help me study.9. If we consider oil as an important factor of production (raw material), please, explain how a decrease in price of oil can affect the firms’ short- and long-run production decisions in a perfectly competitive market such as airline industry.- Please, draw two separate graphs illustrating your answer. - Please, explain your graphs in words.10. Assuming that Steel Company (now U.S. Steel) is still a…

I'm working on a micro economics writing question and need an explanation to help me understand better.Using the two-period intertemporal choice model, examine the impact of the following on a saver.- A decrease in their current income.- A decrease in interest rates. 50 marks Explain how it is possible to extend the intertemporal choice model to more than two time-periods and discuss some of the limitations of using exponential discounting to explain people’s intertemporal preferences. 50 marks700 words with appropriate…

I’m working on a Micro Economics question and need guidance to help me study.Global warming—The EPA's view Go to www.epa.gov (Links to an external site.) (look under US Greenhouse Emissions)1. What are the major greenhouse gases? Which sector accounts for the largest share of the greenhouse gases? (Links to an external site.)2. What is the trend of emissions on a per-person basis? (Links to an external site.)3. What is the trend of emissions per dollar of GDP in the United…

I'm working on a micro economics writing question and need an explanation to help me learn.“If the government gives consumers a lump-sum payment (i.e. a rebate) that is exactly equal to the amount of a per unit sales tax they pay on a product, then it will have no impact on their demand for that product. What is worse this type of tax and rebate scheme makes them unhappier.”Using standard economic theory of consumer choice, critically evaluate this assertion for…

The general theme of this assignment is that groups will post a short report describing their assessment of health care competitive markets in comparison to the “traditional” microeconomic market. Think about items such as demand, supply, the elements of a competitive market, and the role of insurance. I am looking for a discussion not to exceed four (4) pages (excluding titles and references), where your group identifies at least three areas of similarity and difference between healthcare and another industry.…

Housing Collapse PaperAfter reading Special Topic 5, write a 2-page paper answering the following:Why did housing prices rise rapidly during 2002 - 2005?Why did the mortgage default rate increase so sharply during 2006 and 2007 even before the 2008 - 2009 recession began?What did the Community Reinvestment Act have to do with the housing bubble and collapse?Cite your sources as needed. Use APA formatting.View your assignment rubric. INSTRUCTIONSInstructionsThis quiz is comprised of 10 multiple choice questions from chapters 5 and…

Write a case study.Case Study Assignment: -Discuss the case using economic rationales based on your understanding of the course. -You may use models, graphs, tables to illustrate your arguments. - Outline -The outline version shall be in one page (pullet points is ok) -Final Version shall be: 1800-2000 words -Submitted versions shall be in Ms Word format.The article makes it seem like getting Amazon Prime causes customers to spend more money with Amazon, but it doesn't acknowledge the role that…

I'm working on a micro economics question and need an explanation to help me learn.please answer question 1 only Question oneThe Bank of Canada, among its various economic roles, is responsible for the conduction of monetary policy in Canada. Based on economic theory, our class discussions, and the weekly lesson plans, answer the following: Link (associate) the current state of the economy today (think about real GDP declining tremendously and unemployment increasing to historical highs) to the type of monetary…

I'm working on a micro economics test / quiz prep and need guidance to help me understand better.*Focus on differences in theory.****Narrow your research down by corporation or industry****Obtain data of number of female ceo's compared to males*Focus on differnces in therory.*Narrow your research down*Obtain data of number of female ceo's*Can male and female style of management bring their styles together and make something great.Part 1: Title page:a. Follow the APA-style title pageb. Generate a draft title for your paper,…