SlideShare a Scribd company logo
Please reword these paragraphs DO NOT use the same words as
in these paragraphs. DO NOT COPY word for word from any
websites. You must use your own words please.
· 1-Consumer surplus is when a customer buys a product for
less than it is worth. A good example of this would be a
customer buying a product that is on sale. They got it for a
good price. The book defines customer surplus as the value the
consumer gets from buying a product less its price. So whatever
the price is for the product, the customer has to pay less than
that in order for it to be a surplus.
A producer surplus is when a producer sells a product and gets
more money for it than expected. I've seen this lot in small
businesses. They sell their products at a higher price than the
bigger stores. I've gone into a small business and paid 150 for a
bottle of soda and it will have the price of $1.00 written right
on it but they will still sell it for the higher price. They are
getting a surplus on that item, of course minus the taxes and
crv. I'm sure some of you have experienced this before. The
book defines a producer surplus as the price the producer sells
products for less the cost of producing it.
· 2-When an industry in the private sector is not performing
efficiently or effectively, there is said to be "market failure".
The recommendation by economists and others typically is then
for government actions to combat such failure, such as taxes to
help reduce pollution. The diagnosis of market failure may be
accurate, but the call for government involvement may be naïve
and inappropriate.
The reason is that actual governments do not necessarily do
what economists and others want them to do because there is
"government failure" as well as market failure. Before
recommending government actions to correct market failures,
one should consider whether actual government policies would
worsen rather than improve private sector outcomes. Since
many factors often make for considerable government failure,
considering such failure is crucial and not just a theoretical fine
point.
3- Negatives Externalities are as follows: The number one affect
is the environment and the impact that it has on that. The cost to
society is high and that should be accounted for in any case that
will have an impact on it. The marginal cost needs to be taken
into account also this has an impact on the economy as so does
the waste that is produced. You want the excess to be equal to
the equilibrium of the product and this will decrease the impact
on the economy this will produce no excess of the product and
the economy a balance.
Questions to answer for my teacher
1-Why is it so difficult to get the incentives between us and our
political leaders aligned? Why do these misaligned incentives
cause problems?
· 2-Using Bastiat's characterization of unintended consequences,
why might the government cause more problems when it
intervenes? Can you think of real examples of this?
3-while the government argues against negative externalities,
the government may also want to enact policies that encourage
more positive externalities, like schools. What other examples
can you develop? Are there any unintended consequences when
the government tries to incent positive externalities?
Please reword these paragraphs DO NOT use the same words as
in these paragraphs. DO
NOT COPY word for word from any websites. You must use
your own words please.
o
1
-
Consumer surplus is when a customer buys a product for less
than it is worth.
A good
example of this would be a customer buying a product that is on
sale.
They got it for a good
price. The book defines customer surplus as the value the
consumer gets from
buying a
product less
its
price. So
whatever
the price is for the product, the customer has to pay less
than that in order for it to be a surplus.
A producer surplus is when a producer sells a product and gets
more money for it than
expected.
I've se
en
this
lot in small businesses.
They sell their products at a higher price
than the bigger stores.
I've gone into a small business and paid 150 for a bottle of soda
and
it will have the price of $1.00 written right on it but they will
still sell it fo
r the higher price.
They are getting a surplus on that item, of course minus the
taxes and crv.
I'm sure some of
you have experienced this before.
The book defines a producer surplus as the price the
producer sells
products
for less the cost of produci
ng it.
o
2
-
When an industry in the private sector is not performing
efficiently or effectively, there is
said to be "market failure". The recommendation by economists
and others typically is then
for government actions to combat such failure, such as taxes to
help reduce pollution. The
diagnosis of market failure may be accurate, but the call for
government involvement may be
naïve and inappropriate.
The reason is that actual governments do not necessarily do
what economists and others
want them to do because
there is "government failure" as well as market failure. Before
recommending government actions to correct market failures,
one should consider whether
actual government policies would worsen rather than improve
private sector outcomes. Since
many factors
often make for considerable government failure, considering
such failure is
crucial and not just a theoretical fine point.
3
-
Negatives Externalities are as follows: The number one affect is
the
environment and the impact that it has on that. The cost to so
ciety is high and
that should be accounted for in any case that will have an
impact on it. The
marginal cost needs to be taken into account also this has an
impact on the
economy as so does the waste that is produced. You want the
excess to be
equal to the
equilibrium of the product and this will decrease the impact on
the economy this will produce no excess of the product and the
economy a
balance.
Questions to answer for my teacher
1
-
Why is it so difficult to get the incentives between us and our
political
leaders aligned?
Why do these
misaligned incentives cause
problems?
Please reword these paragraphs DO NOT use the same words as
in these paragraphs. DO
NOT COPY word for word from any websites. You must use
your own words please.
o 1-Consumer surplus is when a customer buys a product for
less than it is worth. A good
example of this would be a customer buying a product that is on
sale. They got it for a good
price. The book defines customer surplus as the value the
consumer gets from buying a
product less its price. So whatever the price is for the product,
the customer has to pay less
than that in order for it to be a surplus.
A producer surplus is when a producer sells a product and gets
more money for it than
expected. I've seen this lot in small businesses. They sell their
products at a higher price
than the bigger stores. I've gone into a small business and paid
150 for a bottle of soda and
it will have the price of $1.00 written right on it but they will
still sell it for the higher price.
They are getting a surplus on that item, of course minus the
taxes and crv. I'm sure some of
you have experienced this before. The book defines a producer
surplus as the price the
producer sells products for less the cost of producing it.
o 2-When an industry in the private sector is not performing
efficiently or effectively, there is
said to be "market failure". The recommendation by economists
and others typically is then
for government actions to combat such failure, such as taxes to
help reduce pollution. The
diagnosis of market failure may be accurate, but the call for
government involvement may be
naïve and inappropriate.
The reason is that actual governments do not necessarily do
what economists and others
want them to do because there is "government failure" as well
as market failure. Before
recommending government actions to correct market failures,
one should consider whether
actual government policies would worsen rather than improve
private sector outcomes. Since
many factors often make for considerable government failure,
considering such failure is
crucial and not just a theoretical fine point.
3- Negatives Externalities are as follows: The number one affect
is the
environment and the impact that it has on that. The cost to
society is high and
that should be accounted for in any case that will have an
impact on it. The
marginal cost needs to be taken into account also this has an
impact on the
economy as so does the waste that is produced. You want the
excess to be
equal to the equilibrium of the product and this will decrease
the impact on
the economy this will produce no excess of the product and the
economy a
balance.
Questions to answer for my teacher
1-Why is it so difficult to get the incentives between us and our
political
leaders aligned? Why do these misaligned incentives cause
problems?
Differentiating Between Market Structures
Let’s write about Apple/Technology
Identify the market structure in which this organization
competes. Clearly indicate why the market structure was
decided upon and how this market structure differentiates from
the other alternatives.
Describe the level of competition the organization will face if
under each of the following market structures:
· Oligopoly
· Perfect competition
· Monopoly
· Monopolistic competition
Identify three or more competitive strategies of your choice that
may be used by the organization to maximize its profits over the
long run. Evaluate the effectiveness of these strategies in the
market structure you identified. Consider the following:
· Expected changes in supply and demand
· Price elasticity of demand
· Market structure
· Government regulations
Make recommendations related to the strategies the organization
might consider to maximize its profits and consider the
following:
· What are the ethical implications of these strategies?
· Does this strategy align with the organization's current values?
· Does this strategy align with your own values?
Cite a minimum of 3 peer reviewed sources.
Select one of the following two assignment options:
Option 1: Paper:
Write a 1,400- to 1,750-word paper.
Format consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
Option 2: PowerPoint® Presentation:
Create a 15- to 20-slide Microsoft® PowerPoint® presentation
including detailed speaker notes.
Please DO NOT COPY from any websites word for word
information for this assignment. Please use your own words for
this assignment. Thanks!
Differentiating Between Market Structures
Let’s
write about
Apple/Technology
Identify
the market structure in which this organization competes.
Clearly indicate why the
market structure was decided upon and how this market
structure differentiates from the
other alternatives.
Describe
the level of competition the organization will face if
under each of the following
market structures:
·
Oligopoly
·
Perfect competition
·
Monopoly
·
Monopolistic competition
Identify
three or more competitive strategies of your choice that may be
used by the
organization to maximize its profits over the long run. Ev
aluate the effectiveness of these
strategies in the market structure you identified.
Consider the following:
·
Expected changes in supply and demand
·
Price elasticity of demand
·
Market structure
·
Government regulations
Make
recommendations related to the strat
egies the organization might consider to
maximize its profits and consider the following:
·
What are the ethical implications of these strategies?
·
Does this strategy align with the organization's current values?
·
Does this strategy align with your own values
?
Cite
a minimum of 3 peer reviewed sources.
Select
one of the following two assignment options:
Option 1: Paper:
Write
a 1,400
-
to 1,750
-
word paper.
Format
consistent with APA guidelines.
Click
the Assignment Files tab to submit your assignment.
Differentiating Between Market Structures
Let’s write about Apple/Technology
Identify the market structure in which this organization
competes. Clearly indicate why the
market structure was decided upon and how this market
structure differentiates from the
other alternatives.
Describe the level of competition the organization will face if
under each of the following
market structures:
Identify three or more competitive strategies of your choice that
may be used by the
organization to maximize its profits over the long run. Evaluate
the effectiveness of these
strategies in the market structure you identified. Consider the
following:
Make recommendations related to the strategies the organization
might consider to
maximize its profits and consider the following:
values?
Cite a minimum of 3 peer reviewed sources.
Select one of the following two assignment options:
Option 1: Paper:
Write a 1,400- to 1,750-word paper.
Format consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.

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Please reword these paragraphs DO NOT use the same words as in the.docx

  • 1. Please reword these paragraphs DO NOT use the same words as in these paragraphs. DO NOT COPY word for word from any websites. You must use your own words please. · 1-Consumer surplus is when a customer buys a product for less than it is worth. A good example of this would be a customer buying a product that is on sale. They got it for a good price. The book defines customer surplus as the value the consumer gets from buying a product less its price. So whatever the price is for the product, the customer has to pay less than that in order for it to be a surplus. A producer surplus is when a producer sells a product and gets more money for it than expected. I've seen this lot in small businesses. They sell their products at a higher price than the bigger stores. I've gone into a small business and paid 150 for a bottle of soda and it will have the price of $1.00 written right on it but they will still sell it for the higher price. They are getting a surplus on that item, of course minus the taxes and crv. I'm sure some of you have experienced this before. The book defines a producer surplus as the price the producer sells products for less the cost of producing it. · 2-When an industry in the private sector is not performing efficiently or effectively, there is said to be "market failure". The recommendation by economists and others typically is then for government actions to combat such failure, such as taxes to help reduce pollution. The diagnosis of market failure may be accurate, but the call for government involvement may be naïve and inappropriate. The reason is that actual governments do not necessarily do what economists and others want them to do because there is "government failure" as well as market failure. Before recommending government actions to correct market failures,
  • 2. one should consider whether actual government policies would worsen rather than improve private sector outcomes. Since many factors often make for considerable government failure, considering such failure is crucial and not just a theoretical fine point. 3- Negatives Externalities are as follows: The number one affect is the environment and the impact that it has on that. The cost to society is high and that should be accounted for in any case that will have an impact on it. The marginal cost needs to be taken into account also this has an impact on the economy as so does the waste that is produced. You want the excess to be equal to the equilibrium of the product and this will decrease the impact on the economy this will produce no excess of the product and the economy a balance. Questions to answer for my teacher 1-Why is it so difficult to get the incentives between us and our political leaders aligned? Why do these misaligned incentives cause problems? · 2-Using Bastiat's characterization of unintended consequences, why might the government cause more problems when it intervenes? Can you think of real examples of this? 3-while the government argues against negative externalities, the government may also want to enact policies that encourage more positive externalities, like schools. What other examples can you develop? Are there any unintended consequences when the government tries to incent positive externalities? Please reword these paragraphs DO NOT use the same words as
  • 3. in these paragraphs. DO NOT COPY word for word from any websites. You must use your own words please. o 1 - Consumer surplus is when a customer buys a product for less than it is worth. A good example of this would be a customer buying a product that is on sale. They got it for a good price. The book defines customer surplus as the value the consumer gets from buying a product less its price. So whatever the price is for the product, the customer has to pay less than that in order for it to be a surplus. A producer surplus is when a producer sells a product and gets more money for it than expected. I've se
  • 4. en this lot in small businesses. They sell their products at a higher price than the bigger stores. I've gone into a small business and paid 150 for a bottle of soda and it will have the price of $1.00 written right on it but they will still sell it fo r the higher price. They are getting a surplus on that item, of course minus the taxes and crv. I'm sure some of you have experienced this before. The book defines a producer surplus as the price the producer sells products for less the cost of produci ng it. o 2 - When an industry in the private sector is not performing efficiently or effectively, there is said to be "market failure". The recommendation by economists and others typically is then
  • 5. for government actions to combat such failure, such as taxes to help reduce pollution. The diagnosis of market failure may be accurate, but the call for government involvement may be naïve and inappropriate. The reason is that actual governments do not necessarily do what economists and others want them to do because there is "government failure" as well as market failure. Before recommending government actions to correct market failures, one should consider whether actual government policies would worsen rather than improve private sector outcomes. Since many factors often make for considerable government failure, considering such failure is crucial and not just a theoretical fine point. 3 - Negatives Externalities are as follows: The number one affect is the environment and the impact that it has on that. The cost to so ciety is high and that should be accounted for in any case that will have an impact on it. The marginal cost needs to be taken into account also this has an impact on the economy as so does the waste that is produced. You want the excess to be equal to the
  • 6. equilibrium of the product and this will decrease the impact on the economy this will produce no excess of the product and the economy a balance. Questions to answer for my teacher 1 - Why is it so difficult to get the incentives between us and our political leaders aligned? Why do these misaligned incentives cause problems? Please reword these paragraphs DO NOT use the same words as in these paragraphs. DO NOT COPY word for word from any websites. You must use your own words please. o 1-Consumer surplus is when a customer buys a product for less than it is worth. A good example of this would be a customer buying a product that is on sale. They got it for a good price. The book defines customer surplus as the value the consumer gets from buying a product less its price. So whatever the price is for the product, the customer has to pay less than that in order for it to be a surplus.
  • 7. A producer surplus is when a producer sells a product and gets more money for it than expected. I've seen this lot in small businesses. They sell their products at a higher price than the bigger stores. I've gone into a small business and paid 150 for a bottle of soda and it will have the price of $1.00 written right on it but they will still sell it for the higher price. They are getting a surplus on that item, of course minus the taxes and crv. I'm sure some of you have experienced this before. The book defines a producer surplus as the price the producer sells products for less the cost of producing it. o 2-When an industry in the private sector is not performing efficiently or effectively, there is said to be "market failure". The recommendation by economists and others typically is then for government actions to combat such failure, such as taxes to help reduce pollution. The diagnosis of market failure may be accurate, but the call for government involvement may be naïve and inappropriate. The reason is that actual governments do not necessarily do what economists and others want them to do because there is "government failure" as well as market failure. Before recommending government actions to correct market failures, one should consider whether actual government policies would worsen rather than improve private sector outcomes. Since many factors often make for considerable government failure, considering such failure is crucial and not just a theoretical fine point.
  • 8. 3- Negatives Externalities are as follows: The number one affect is the environment and the impact that it has on that. The cost to society is high and that should be accounted for in any case that will have an impact on it. The marginal cost needs to be taken into account also this has an impact on the economy as so does the waste that is produced. You want the excess to be equal to the equilibrium of the product and this will decrease the impact on the economy this will produce no excess of the product and the economy a balance. Questions to answer for my teacher 1-Why is it so difficult to get the incentives between us and our political leaders aligned? Why do these misaligned incentives cause problems? Differentiating Between Market Structures Let’s write about Apple/Technology Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives. Describe the level of competition the organization will face if under each of the following market structures: · Oligopoly · Perfect competition
  • 9. · Monopoly · Monopolistic competition Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified. Consider the following: · Expected changes in supply and demand · Price elasticity of demand · Market structure · Government regulations Make recommendations related to the strategies the organization might consider to maximize its profits and consider the following: · What are the ethical implications of these strategies? · Does this strategy align with the organization's current values? · Does this strategy align with your own values? Cite a minimum of 3 peer reviewed sources. Select one of the following two assignment options: Option 1: Paper: Write a 1,400- to 1,750-word paper. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. Option 2: PowerPoint® Presentation: Create a 15- to 20-slide Microsoft® PowerPoint® presentation including detailed speaker notes. Please DO NOT COPY from any websites word for word information for this assignment. Please use your own words for this assignment. Thanks! Differentiating Between Market Structures
  • 10. Let’s write about Apple/Technology Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives. Describe the level of competition the organization will face if under each of the following market structures: · Oligopoly · Perfect competition · Monopoly
  • 11. · Monopolistic competition Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Ev aluate the effectiveness of these strategies in the market structure you identified. Consider the following: · Expected changes in supply and demand · Price elasticity of demand · Market structure · Government regulations Make recommendations related to the strat egies the organization might consider to maximize its profits and consider the following:
  • 12. · What are the ethical implications of these strategies? · Does this strategy align with the organization's current values? · Does this strategy align with your own values ? Cite a minimum of 3 peer reviewed sources. Select one of the following two assignment options: Option 1: Paper: Write a 1,400 - to 1,750 - word paper.
  • 13. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. Differentiating Between Market Structures Let’s write about Apple/Technology Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives. Describe the level of competition the organization will face if under each of the following market structures: Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified. Consider the following: Make recommendations related to the strategies the organization might consider to
  • 14. maximize its profits and consider the following: values? Cite a minimum of 3 peer reviewed sources. Select one of the following two assignment options: Option 1: Paper: Write a 1,400- to 1,750-word paper. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.