Micah Clark
MG1350
Week 4 Analysis 1
Safety First at the Samson Company
1. Do you think Joe would have handled the situation differently if Tim had been a
less valued worker? Why?
Answer: I do believe that Joe would have handled the situation differently
Micah Clark
MG1350
Week 2 Analysis 3
Making a Mark as a Leader
As a designated leader in your organization, it is essential to secure the confidence of
your staff. How do you go about it? Here are some suggestions. Start by letting your
staff do their job
Micah Clark
MG1350
Week 4 Analysis 2
Performance Appraisal at the Athletic Shop
1. Why do you think Bill Martin is so concerned about his meeting with his
area manager? Should he change the rating methods he uses to evaluate
his employees? Why or why not?
Micah Clark
MG1350
Project Part 2
Project Part-B
Handling Unanticipated Problems
Based on the Supervisory Interview from Part 1, Part 2 of the project will allow you
incorporate course concepts into an analysis of the supervisory strengths and
weaknesses
Micah Clark
ES2550
Week 9 Analysis 2
Pharmaceutical Drugs and Drug Companies
Discuss the market for pharmaceutical drugs. Use the ITT Tech Virtual Library to research
information on pharmaceutical companies. Include a discussion of the following points in
Micah Clark
ES2550
Week 9 Analysis 1
Monopolistic Competition
Consider the following graph of a monopolistically firm selling DVDs.
A. How many DVDs should be sold to rent per day to maximize profit?
a. 55 DVDs should be sold per day to maximize profit as
Micah Clark
ES2550
Week 8 Analysis 2
Current Monopolies
Question 1 of 1:
Examples of a current monopoly could include Microsoft or Wal-Mart, both accused of
running small town shop-owners out of business where they open their stores. Microsoft holds an
en
Micah Clark
ES2550
Week 3 Analysis 1
Task 1: Explanation and Analysis
Event 1: The wages for all dental assistants increase, increasing the costs of inputs.
Determine whether demand or supply changes, or both. Both increase due to a
cost and patient deman
Micah Clark
ES2550
Week 8 Analysis 1
Monopoly vs. Perfect Competition
Figure 1 Perfect competition compared with monopoly
Arm(Dp) is the monopolist's demand curve and the market demand curve under perfect
competition.
o MC is the combined marginal cost cu
Micah Clark
ES2550
Week 7 Analysis
Profit Maximization
Task 1: Consider the following table of costs for the Winsome Widget Factory, which operates in
a perfectly competitive market. The market price faced by this firm is $6.00 per widget.
a. Fill in the
Micah Clark
ES2550
Week 6 Analysis 2
Calculating and Interpreting the Costs of Production
Part I. Consider the values in the following table for the Winsome Widget Factory.
a.
Fill in the formula for AFC, AVC, ATC, and MC at the top of the column in the g
Micah Clark
ES2550
Week 6 Analysis 1
Diminishing Returns
A)
I.
II.
MP = change in total produce / change in variable input
AP = Total Output / # of Workers
B)
Quantity of
Labor
0
Winsome Widget Factory
Total
Marginal
Average Product of
Output
Product of
L
Micah Clark
ES2550
Week 4 Analysis 2
Week 5: Good Provision and Agents
Task 1: Consider the following lists of goods. For each good, explain the following points.
A. A cup of coffee at a coffee shop
Yes, the good is a rival to tea.
Yes, the good can be ex
Micah Clark
ES2550
Week 2 Analysis 1
Graph and Interpret the Production Possibilities Model
1. Does this graph display constant or increasing opportunity cost? Explain. There is a constant
opportunity costs displayed in the graph, if you are to spend more
Micah Clark
ES2550
Week 4 Analysis 2
Finding Optimal Consumption
The following table displays Georges consumption of soda pop and pretzels. The price of each
soda pop is $2.00 and the price of each pretzel is $5.00.
A. Fill in the missing total utility, m
Micah Clark
ES2550
Week 4 Analysis 1
Calculating and Interpreting Elasticity
1. A. When the price of oranges increases for $1.00 per pound to $1.50 per pound, quantity
demanded falls from 500lbs to 400lbs. Calculate the price elasticity: 400 500 = -100,
(
Micah Clark
ES2550
Week 2 Analysis 2
Demand and Supply Changes
Event 1 The price of oil increases because OPEC reduces Oil production. Supply, since the
supply has decreased prices will rise.
Event 2 The tax on gasoline consumption increases. Demand, sinc
Micah Clark
ES2550
Week 1 Analysis 2
Events
1. The Wacky Widget Factory, a firm, decides to produce 5,000 gadgets instead of 10,000
widgets: This event is Microeconomic. This decision to increase their production is non-rivalry
and would only appear in th
Micah Clark
ES2550
Week 1 Analysis 1
The Opportunity Cost of Macroeconomic Events
Event 1:
The government passes a law allowing states to pay unlimited unemployment benefits to all
unemployed workers for an unlimited amount of time:
The opportunity cost o
Micah Clark
ES2550
Project Part 3
Project Part 3
How this trade arrangement is beneficial
The US and China are economically connected and do help each other with trade and
related activities, which are a big source of income and a benefit for those countr
Micah Clark
ES2550
Project Part 2
Project Part 2: Market for Wingdings
Part1:
1. Does the U.S. have a comparative advantage in Wingdings? Explain
a. The U.S. does not have a comparative advantage in Wingdings because the world price is
below their equilib
Micah Clark
ES2550
Project Part 2
Project Part 2: Market for Wingdings
Part1:
1. Does the U.S. have a comparative advantage in Wingdings? Explain
a. The U.S. does not have a comparative advantage in Wingdings because the world price is
below their equilib
Micah Clark
ES2550
Week 10 Analysis
Finding the Optimal Amount of Labor
Consider the values in the following table for Terrells Televisions
A. The marginal product of labor is when the change in output (Y) per unit change in labor
(L). In discrete terms t
Micah Clark
ES2560
Week 10 Analysis
Foreign Monetary Policy
Suppose the People's Bank of China wishes to peg the rate of exchange of its currency, the Yuan,
in terms of the U.S. dollar. In each of the following situations, should it add to or subtract fro
Micah Clark
ES2560
Week 9 Exercise
Keynesian vs. New Keynesian
According to the Keynes theory of income determination, the total of expenditures including
consumption, investment, net exports and government expenditure makes the GDP of the
country. He exp
Micah Clark
ES2560
Week 8 Exercise
The Money Creation Process
Suppose that First National Bank, Second National Bank, and Third National Bank have zero
excess reserves. The required reserve ratio is 20%. The Federal Reserve buys a government bond
worth $1
Micah Clark
ES2560
Week 8 Analysis
Federal Funds Rate
All banks by law to maintain certain levels of reserves with the federal government or as cash
held on site at the bank. Levels of these reserves is determined by the outstanding assets and
liabilities
Micah Clark
ES2560
Week 6 Exercise
Public Debt
Spending depends on consumer confidence and on short-term interest rate determined by the
Federal government raising or lowering short-run interest rates in the money market. The Federal
government controls t