Project #33654 - Microeconomics: Assignments

This is for 2  short  assignments please take a look each part is to be turned in on Doc files part one and part 2 with there own APA The teacher will grade it before payment is release can take a couple of days 

Heres part one 

Instructions

Directions: . Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.
The “Assignment Format” on the Course Home page is listed below.
Format Requirements (Print this page)

Use the following format requirements on all submissions.
Writing Style APA (American Psychological Association)
Margins 1” all sides
Paragraph The entire document should be double-spaced on standard-sized paper (8.5" x 11")
Headings Bold
Type Style and Size Times New Roman, 12 point
Software MS Word
Student/Assignment Information
The following information should be on the first page on the top left side of the page in the format provided below. Do not provide a cover sheet.
Student Name
Student Identification Number
Course Number and Title
Assignment Number and Title

Date of Submission
 
 

Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

Part A  

Politicians are often heard saying that tuition at state universities should be kept low "to make education equally accessible to all residents of the state, regardless of income."

1.       Assuming that state funding for the universities is held constant, describe the conditions that will prevail if tuition is held below equilibrium price. Provide one (1) example to support your response.

2.       Will education really be "equally accessible" under these conditions? Provide one (1) example to support your response.

Part B

Using the Internet, research the influenza vaccine, or "flu shot." Use the following to guide your research:

a.       Think about the flu shot in the context of a public good.

b.      What are the economic benefits of the flu shot?

c.       In what ways has the government become involved in the distribution of flu shots? For what reasons?

 

1.       Describe one (1) reason why the private market for flu vaccinations would produce an inefficient outcome.

 

2.       Describe one (1) way that government involvement could achieve an efficient quantity of vaccinations.

 

3.       Provide one (1) original example for each of the following:

a.       a private good

b.      a public good.

 
 
That is one part and second part is 
 
 
nless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.
The “Assignment Format” on the Course Home page is listed below.
Use the following format requirements on all submissions.
Writing Style APA (American Psychological Association)
Margins 1” all sides
Paragraph The entire document should be double-spaced on standard-sized paper (8.5" x 11")
Headings Bold
Type Style and Size Times New Roman, 12 point
Software MS Word
Student/Assignment Information
The following information should be on the first page on the top left side of the page in the format provided below. Do not provide a cover sheet.
Student Name
Student Identification Number
Course Number and Title
Assignment Number and Title

Date of Submission
 
 

Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

Part A

Imagine that it is the year 2199. Technology has progressed at an incredible pace. The latest discovery is the plutonium engine, which is capable of converting plutonium, a by-product of nuclear fission, into fuel to power the nuclear reactors in our new form of transportation, the rocket-car. However, because the firm that invented the engine, the Futures Unlimited Corporation, already has a government license to control and distribute the quantity of this certain isotope of plutonium on the market, it is now conceivably in charge of a monopoly on plutonium-fueled transportation.

1.       Describe the economic outcome of this single-price monopoly in terms of profit. Provide one (1) supporting fact to support your response.

2.       Describe one (1) way that the Futures Unlimited Corporation makes output and price decisions.

Part B

1.       Would consumers benefit more from a tariff or a quota on imports? Provide one (1) supporting fact to support your response.

2.       Consider the following weekly production possibilities of gloves and hats in Panama and Russia:

 

Russia

Panama

Gloves

20

180

Hats

80

  90

 

a.       What is each country's opportunity cost of producing gloves and hats?

b.      If the countries could, should they trade? Provide one (1) supporting fact to support your position.

 END 

Subject Mathematics
Due By (Pacific Time) 06/24/2014 12:00 am
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