Identify the market structure of your industry and the analyze the key characteristics of your industry that lead to your identification of this market structure.

Compare and contrast the key elements involved in financing healthcare. Assess the key economic drivers that impact the delivery of healthcare in order to inform effective future decision-making You just started working as a Health Service Manager for a health care company within an industry below. First choose an industry below to discuss the questions […]

Why is understanding market structure important in health economics, what does it impact?

Economic Perspectives – Healthcare Marketplace & Competition Include the two questions that you selected to discuss at the top of your initial posting. What conditions must exist for a firm to be able to price discriminate? Provide an example. How do economists use the Hirschman -Herfindahl Index? Provide an example. Why are economic analyses of […]

How do Goddard’s ideas about strategy relate to the meaning Drucker attaches to “marketing” and “innovation”?

Peter Drucker makes these foundational statements: “There is only one valid definition of a business: to create a customer.” “To supply the wants and needs of a consumer, society entrusts wealth-producing resources to the business enterprise.” “Because its purpose is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. […]

Based on the readings and the podcast, in what way can you argue that Amazon is profitable?

Amazon is often criticized for not reporting (earning?) sufficient profits—yet it is lauded for being a customer-driven innovator. Use the information in the three bullet points below to craft a response to the following question: Why is it such a heroic challenge to simultaneously fulfill Peter Drucker’s ideas about (1) the purpose and meaning of […]

What factors guide firms in their decision-making process?

Learning Goal: I’m working on a economics question and need an explanation and answer to help me learn. The format is specified in the instructions and is not standard. Be sure that you follow the directions exactly. Detailed instructions specify the content expected to be in each section. Topic Consider how individual firms make decisions. […]

Are there things that contribute to your well-being and happiness but are excluded from the calculation of GDP?

Next look at this (Links to an external site.) article published by CBS News. Do you agree with the author’s assessment that GDP fails to measure well being? Why (or why not)? Are there things that contribute to your well-being and happiness but are excluded from the calculation of GDP? Share an example and describe […]

What will happen to the price level?

Examine how U.S. macroeconomic indicators are used to gauge economic health. PC-1.2: Contribute to team goals and objectives through active participation and collaboration. In this Assessment, you will examine factors that affect aggregate demand (AD) and aggregate supply (AS). You will compute the rates of inflation using the U.S. consumer price index (CPI) and then […]

What is the simple equation that gives us a basic understanding of the long- run potential of an economy?

Please use powerpoint to answer below questions 1. What is the simple equation that gives us a basic understanding of the long- run potential of an economy? Briefly explain why each matters 2. What are the factors of production in a macro production function and what role do these factors play in the long-run success […]

Did each individual act rational and in their own self-interest?

*Please the answer must be unique(OWN WORDS). Watch Grapes of Wrath Two for a Penny Movie Clip Grapes of Wrath Two for a Penny Movie Clip (Links to an external site.). Please give your opinion and observation on what occurred in the Diner. What Trade-Offs were made? Were there Opportunity Cost? How about Scarcity? Did […]

What is the correlation between, and evidence behind, market concentration and price levels?

What is the correlation between, and evidence behind, market concentration and price levels? Do you find any relationship between lack of competition and other economic variables? Use at least one article from The Wall Street Journal, or another scholarly reference, to support your response. What are the ethical ramifications of market concentration?

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