Economics

Write a short essay (1500 words) answering/covering the following questions: The movie points out that supermarkets are not ruled by a “free-market economy” but by a “monopsony”. What does “monopsony” mean? How is monopsony affecting farmers?” Farmworkers are generally paid by the piece rather than strictly by the hour” Foodchains film.com Tomato pickers in Immokalee are required to pick a minimum of 480 pounds of fruit per hour to make around $42 for a nine-hour shift; for how much money would you be willing to do this work? What else might you demand? If you would require a large amount of money to do this work, how would the company meet your demand? How would they cover the additional cost? If you say that no amount of money would be enough, what alternatives would the company have, since people like you will not do the work? In the film, Father Brinkley says that in the Napa Valley there is an ” Economic Apartheid.” What does he mean by that expression? According to the film, raising $4 million in charity in the Napa Valley does absolutely nothing to enable farmers to live a life closer in material terms to the one that donors live. Who do you think is benefiting from the Napa Valley vintners auction?How is the history of the agriculture industry in the U.S. connected to immigration? Film: “Food Chains”https://www.youtube.com/watch?v=6vw-qTCW8fo

3  Economic Discussions, Need 250 words Initial Post and two replies., I will attach the replies later.   Week 6 Discussion Context In your Managerial Economics textbook, we consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm (see Figure 15-1). 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 For your discussion post, use Figure 15-1 from the textbook as your starting point to address the following: Can, and how does, the entrant succeed? Is the incumbent ever in control of this game? You may wish to review the old game known as Duopoly, as well as Antoine-Augustin Cournot, to help inform your post. Note: In your discussion posts for this course, do not rely on Wikipedia, Investopedia, or any similar website as a reference or supporting source. To earn full credit for your discussion, you must complete one post and one follow-up or reply to a classmate. Make sure both the post and the reply focus on the questions asked.  Week 7 Discussion Context This week’s discussion focuses on decision error costs with regard to hiring new talent. Use the provided scenario as a basis to inform your post on decision-making impacts and Type I and Type II errors. Instructions The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on résumés, but some doubt about fit always lingers when a decision to hire or not to hire is made. For your discussion post, address the following within the context of the scenario: What are the Type I and Type II decision errors costs? Which decision error is more likely to be discovered by the CEO? How does this affect the HR manager’s hiring decisions? Note: In your discussion posts for this course, do not rely on Wikipedia, Investopedia, or any similar website as a reference or supporting source. To earn full credit for your discussion, you must complete one post and one follow-up or reply to a classmate. Make sure both the post and the reply focus on the questions asked.  Week 8 Discussion Context For this discussion, your focus will be to think through what asymmetric information, moral hazard, and adverse selection have to do with hiring a police officer. Instructions Consider the following statement: Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. In your discussion post, address the following: Speculate on why police departments do not increase their applicant pool by dropping this requirement and how asymmetric information, moral hazard, and adverse selection are involved?  Note: In your discussion posts for this course, do not rely on Wikipedia, Investopedia, or any similar website as a reference or supporting source. To earn full credit for your discussion, you must complete one post and one follow-up or reply to a classmate. Make sure both the post and the reply focus on the questions asked

This week’s reading centered around Bitcoin Economics.  For this week’s research paper, search the Internet and explain why some organizations are accepting and other organizations are rejecting the use of Bitcoins as a standard form of currency.  Your paper needs to identify two major companies that have adopted Bitcoin technology as well as one that has refused to accept Bitcoin as a form of currency. Be sure to discuss each organization, how they adopted (or why they won’t adopt) Bitcoin, and what recommendations you have for them to continue to support Bitcoin (or why they should support Bitcoin). Your paper should meet the following requirements: Be approximately five pages in length, not including the required cover page and reference page. Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion. Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing For more information read this:https://en.wikipedia.org/wiki/Bitcoin

Research how financial markets and institutions influence the US and global economies. Create an 8- to 12-slide presentation or 350- to 575-word summary to present your research. Choose 4 financial markets or institutions. Briefly explain what each specializes in (mortgages, stocks, government securities, etc.).Compare how each financial market you identified influences the US economy and the global economy. Cite references to support your assignment. Format your citations according to APA guidelines.

In modules 1 and 2, we identified two broad groups of economic factors; households and firms. In our study of demand, we looked at households as consumer units affecting the demand for goods and services in the product market. On the supply side of the product market are the economic (or business) firms that are the producers (and sellers) of goods and services. When economic times get tough, some businesses experience downturns that lead to the loss of jobs or going out of business. However, there are some businesses that survive and often thrive as a result of economic struggles. Drawing on what you have learned so far, what type of products or business would survive in a recession? Please discuss individual behavior theory in support of your choice (Expertsmind).For more information read this: https://en.wikipedia.org/wiki/Goods_and_services

After reading the chapters (1,2,8) from Rebecca Henderson’s new book, “Reimagining Capitalism in a World on Fire” (2020), respond to the following questions: Which of the three great problems of our “world on fire” are you most concerned about and why? (Chapter 1)Of the five key reforms, Henderson suggests for reimagining capitalism, which do you think are most important. Can you provide an example of hopeful signs that reform may actually happen? (Chapter 2)Assuming you accept her call to action for finding “Finding Your Own Path Toward Changing the World,” reflect on 2 or 3 of the six steps and what you can do further your own personal path and describe those action steps. (Chapter 8)If you don’t really find Henderson’s analysis persuasive, provide a brief critical assessment in terms of why her narrative is not persuasive to you. You can assess her identification of issues of our world on fire, the five needed reforms, and the need for personal action in your response. For more information read this:https://en.wikipedia.org/wiki/Rebecca_M._Henderson

 Why did tens of thousands of U.S. workers take part in the Strike for Black Lives on July 21st?  Why did some major chains receive millions of dollars in loans intended for small businesses? For more information read this:https://en.wikipedia.org/wiki/Labor_force_in_the_United_States

This topic related to the Great Recession: The housing price bubble, collapse, foreclosures, bailout of underwater mortgagesWrite a 600 word analysis of 1 of the following corrective actions taken by the Federal Reserve as a result of the crisis:Quantitative easingPurchase of toxic assets from financial institutionsPaying interest on reserve balancesAddress the following in your analysis:Actions taken by the Federal Reserve to mitigate the crisisHow the corrective action helped to restore stability to the financial systemHow the corrective action should prevent recurrence of a similar crisisNote: Use of charts and graphs is encouraged with appropriate citations. Any charts or graphs retrieved from the Federal Reserve Bank of St. Louis FRED website may only be included when the data sources used by FRED are US government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics. 

Capitalism is an economic and political system in which a country’s a trade and industry are controlled by private owners for profit, rather than by the state whereas socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. (Shaw, William H. (2014). Business ethics (8th ed.). Boston, MA: Wadsworth, Cengage Learning). In this assignment, you will define the roles capitalism and socialism play along with the pros and cons of each. In two to three (2-3) paragraphs: Briefly define, in your own words, the concepts of capitalism and socialism. Then list three pros and cons of each. The specific course learning outcomes associated with this assignment are: Determine the considerations for and process of ethical business decision making to balance corporate and social responsibilities and address moral, economic, and legal concerns. Analyze selected business situations using the predominant ethical theories, such as utilitarian, Kantian, and virtue ethics to guide ethical business decision making. Use technology and information resources to research issues in business ethics. Write clearly and concisely about business ethics using proper writing mechanics

Managerial Economics: Foundations of Business Analysis and Strategy (11th Edition), 11th ISBN: 9780078021718 Chapters 3 and 4 Discussion Question: What steps, tasks, or actions will you take that will successfully move you toward completing the assignment deliverables and why? (Must be at least 350 words.)