Identify a news item that you would like to discuss. This could range from traditional news headline items, journal articles, appropriate television shows or music. Please remember the Netiquette rules when posting. Be polite, professional, and respectful of others and their posts. 1. Post a discussion contribution about the economics-related media item that you have selected. Your contribution should include a brief summary of the news story/ media clip and a discussion about which economics concepts apply and how they apply. 2. Include a link or attachment of the item for reference.

Q: What are the benefits of considering the economic decisions?

A: Economic decisions are those decisions in which people will choose what to do with limited…

Q: Raffe, an American, works for a company that manufactures electronics. His managers select him for…

A: Raffe is an American and his manager select him for an assignment to lead the launch of a new…

Q: Bill is a professional photographer. His camera is broken, and he needs a new one within the next…

A: Willingness to pay (WTP) shows the maximum price that the buyer or consumer is ready to pay to get…

Q: Economics helps managers focus on key issues.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Please give typed solution, don't use handwriting or notebook for solution. Todd is driving his SUV…

A: If you own a car and are concerned aboutt the medical bills in case of an accident and you have a…

Q: Pompeii's Pizza has a delivery car that it uses for pizza deliveries. The transmission needs to be…

A: We are going to use present value approach to answer this question.

Q: Age-earning profiles help analyze individuals' choices of educational attainment. Suppose you are…

A: In most modern work environment, skillset are given enormous preference as the industries are…

Q: Network externalities are important for a. gas stations. b. AARP, an organization that advocates for…

A: Network externality refers to the positive or negative impact that society experiences from the…

Q: Buying and selling textbooks are two separate decisions made at the margin. Textbooks create value…

A: The consumer surplus is when a consumer is willing to pay less than its product price. It is based…

Q: How to perform a cost benefit analysis?

A: There are some costs and benefits associated with each economic activity. Thus, a cost-benefit…

Q: Explain complex economic concepts to a reporter through an email pitch.

A: Hi [Reporter's Name],I hope this message finds you well. I would love to discuss two key economic…

Q: Improving your communication skills will enhance your career because Select one: a. the higher you…

A: Hi! thanks for the question but as per the guidelines, we can answer only one question at one time.…

Q: You are trying to decide if you should rent an ice cream truck and drive it around the city park to…

A: The rate of return is the gain or loss that is received from an investment expressed in the form of…

Q: em that you would like to discuss. This could range from traditional news headline items, journal…

A: It can be defined as a system in the activities related to economics are interconnected with the…

Q: "Everything has Already Happened" is a debate topic in a economics class. State points the proposing…

A: Economic analysis is the methodical way to deal with determining the optimum utilization of scarce…

Q: Rational decision-making will likely generate a better "economic" outcome vs. emotional…

A: In economics, there is a basic assumption that consumers are rational in their decision making. This…

Q: Do not use Ai

A: Approach to solving the question:1. Read the question.2. Search about reward system and positive…

Q: Rational decisions are made through a process (a) that takes a long time and much effort (b) of…

A: Rationality may be defined as an ability and willingness to follow a reasoned, unemotional and…

Q: Hi, there. I need a clarification of question number 1, which choice is the best answer?

A: The supply curve will shift to the left whenever there is an increase in the cost of production.

Q: Which issue do you believe is the most important?  Why is this issue important? Give a summary as to…

A: A few huge monetary issues that have been broadly examined and considered significant…

Q: Something that is perceived as a luxury rather than a need is something that brings pleasure.…

A: Luxury things are something contrary to need(necessity) products or need costs, which are the…

Q: Alexandra's Production Possibilities Natalia's Production Possibilities Schedule Schedule Number of…

A: Alexandra's Production possibilities schedule Number of Scarves knitted per day Number of…

Q: Which of the following is NOT a commitment device?   Select one:   a. A non-refundable advance…

A: The provided question has been answered from the perspective of 'Behavioral Economics'A commitment…

Q: Suppose you own a profitable small business in another state and you wanted to hold a meeting, but…

A: Since the person owns a small business that means the person will consider all the aspects of costs…

Q: Making a choice at the margin means? Deciding to do a little bit more or a little bit less of an…

A: Understanding the concept of making choices at the margin is essential for decision-making in…