ECO 550 Assignment 1

     Imagine that you work for the maker of a leading brand of low-calorie frozen, microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April.


     For a refresher on independent and dependent variables, please go to Sophia’s Website and review the Independent and Dependent Variables tutorial, located at–3.


Note: The following is a regression equation. Standard errors are in parentheses for the demand for widgets.

QD       =          – 5200 – 42P + 20PX + 5.2I + .20A + .25M

                        (2.002)  (17.5) (6.2)    (2.5)   (0.09)   (0.21)

                        R2 = 0.55           n = 26               F = 4.88


     Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables:


Q          =          Quantity demanded of 3-pack units 

P (in cents)       =          Price of the product = 500 cents per 3-pack unit

PX (in cents)     =          Price of leading competitor’s product = 600 cents per 3-pack unit

I (in dollars)       =          Per capita income of the standard metropolitan statistical area

(SMSA) in which the supermarkets are located = $5,500

A (in dollars)     =          Monthly advertising expenditures = $10,000

M                     =          Number of microwave ovens sold in the SMSA in which each

                                    Supermarket is located = 5,000


Write a four to six (6) page paper in which you:

1.     Compute the elasticities for each independent variable. Note: Write down all of your calculations.

2.     Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.

3.     Recommend whether you believe that this firm should or should not cut its price to increase its market share. Provide support for your recommendation.

4.     Assume that all the factors affecting demand in this model remain the same, but that the price has changed. Further assume that the prices are 100, 200, 300, 400, 500, 600 cents.

a)     Plot the demand curve for the firm.

b)    Plot the corresponding supply curve on the same graph using the following MC/supply function Q = -7909.89 + 79.0989P with the same prices.

c)     Determine the equilibrium price and quantity.

d)    Outline the significant factors that could cause changes in supply and demand for the product. Determine the primary manner in which both the short-term and the long-term changes in market conditions could impact the demand for, and the supply, of the product.

  1. Indicate the crucial factors that could cause rightward shifts and leftward shifts of the demand and supply curves.
  2. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource.

 There is an attachment with helpfull HINTS for this assignment. Please review the HINTS to make sure you are doing the assignment correctly!!! 

Please review these HINTS when doing the assignment


Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.


Accounting Help, Ethic cases





Each of your answers should be a paragraph, so you will have a total of six paragraphs for the two cases.


Chapter 1




The purpose of this written assignment is to enable students to utilize their writing skills as good oral and written communication ability is a requirement for success in the business world.  Technology is powerful but has often resulted in a societal deficiency in properly communicating in a written form. Leaders in the corporate world have told educators to emphasize “writing throughout the curriculum” so that students will get an opportunity to use this skill in all of their courses including those that are science and numbers oriented.  Since ethical issues are of such importance to accountants your writing assignment is based on this topic.  All of us have our own set of ethical standards so your paper will only be evaluated on its completeness and use of language, not whether or not I agree with you. 





This assignment must be turned in no later than the last day of class, Thursday December 12th, 2013.  If you wish to E-mail the assignment, you may have until Friday December 13th 2013.

Write 3 paragraphs describing the subculture.

According to Schaefer (2009, p.69), “Each culture has a unique character.” Additionally, you each belong to what sociologists label subcultures, which are segments of society that share a distinctive pattern of morals, folkways, and values. Examples include people who ballroom dance, belong to a fraternity, do scrapbooking, play in a rock band, do triathlons, or collect antiques. One characteristic of a subculture is that there are insiders and outsiders. This week’s Discussion Board is a chance for you to identify a subculture that you are part of (or if you cannot identify one in your own experience, describe a friend’s or relative’s subculture). Write 3 paragraphs describing the subculture.

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

  • What language, jargon, slang, or specialized terms are attached to your group?
  • What common values does the group hold?
  • What common experiences are shared that nonmembers do not experience?
  • How does this group identity affect your individual identity?
  • What do people (and you) get out of belonging to this subculture or group?

Management and Leadership Presentation


Imagine that your team is a group of experts in the principles of business leadership. You have been invited to present at a conference held for some of the top executives at Fortune 500 companies. Your assigned topic is “Leveraging Leadership to Maximize Business Success.”




  • Leveraging diversity


Summarize some of the best practices for leading a diverse workforce, and the benefits that can come to the organization through leveraging diversity


i need it in apa format and 5-6 slides including referance.

I’ve got Geography homework – I need country description of France (economy, people, language, etc.) till 5 pages. How much…

I’ve got Geography homework – I need country description of France (economy, people, language, etc.) till 5 pages. How much does it cost?

human service questions

answer both questions in 150 words


1.What might be some consequences of the following actions?

o   Omitting information from an intake and assessment form

o   Providing false information on an intake and assessment form




2. What criteria would you use to determine an intervention strategy? What information is critical? Explain.

What can you see from your house that shows a point

What can you see from your house that shows a point

the sum of three and a number is added to twenty-four

the sum of three and a number is added to twenty-four

Assessment Questions

I have 8 questions that I need to be answered. I like for the answers to be put under each question. Please, do not copy my teacher put every assignment through

Monitoring Our Home Planet

The Internet is a powerful tool that provides the ability to monitor natural phenomena and disasters that happen all over planet Earth.

In this assignment, you will research resources available on the Internet for monitoring natural phenomena including earthquakes, volcanoes, tsunamis, global climate, and weather.

Based on your research, do the following:

  • Identify a minimum of three different natural phenomena that are typically responsible for natural disasters. Analyze the potential impact of these disasters.
  • Analyze how these phenomenon are monitored, or not, via the Internet. Critique available Web sites, which publicly display up-to-date monitored information related to each of the natural phenomena you have identified. Focus on the following aspects:
    • Geography
      • What parts of the world are potentially affected by these phenomena? Specifically identify the countries.
    • Resources
      • What kinds of resources are allocated toward monitoring these phenomena and why?
      • What types of Web resources monitor the phenomena and provide up-to-date information about them?
      • What kinds of technology are involved in monitoring the phenomena?
    • Politics
      • What political ramifications would this disaster-preparedness technology cause between more-developed countries and less-developed countries?
      • What kinds of issues could this technology cause between less-developed countries?
    • Economics
      • How would this technology directly impact the economies of those countries that have the technology versus those countries that do not?
      • Do you predict any indirect impacts? What current evidence supports your position?
    • Disaster Preparedness
      • What types of systems are in place in terms of disaster preparedness related to these monitored phenomena?
  • Summarize your findings. Evaluate how this technology will impact the future of humanity, both positively and negatively. Be sure to consider the political and economic issues discussed in your future predictions.

Support your statements with examples. Use a minimum of six reliable references, two of which should be peer-reviewed articles.

Write a 7–8-page paper in Word format. Apply APA standards to citation of sources.