Participatory economics

Introduction In this reflection, I will focus on some important topics such as, what I learned about individual and business taxation from this course, what was my experience with the group project and what were the challenges that I faced during both the group project and this course. I am also going to add some main overall points that I learned. Tax is generally an amount of money that is charged by a government on a product, income, or activity so that it can pay for public services. In…

1. The merger process of two companies can be divided into 3 stages. The first stage is the preparation phase. From 1994 to 1995, two companies started contacting each other through a minivan contract in China and established a joint-led company, Q-Star. This cooperation has left a good feeling for two companies, and the staff was highly appraised of the project. Since 1995 to 1996, the management board of two companies still had the intention to cooperate, but there was no fixed goal to work.…

Plantronics Backbeat Pro 2 Noise Canceling, Economy-Style Having a clearly defined price range is important when you plan to buy anything. As compared to the prices that other headset brands have, Plantronics headsets are much cheaper. As a customer, you would not have to empty your pockets to buy these headsets. In addition to that, these headsets have much better features than what other brands offer to the customers. Plantronics backbeat Pro 2 is an advanced headset available at a very…

Price-gouging that occurs after an emergency, such as hurricane Harvey, has its obvious ethical dilemmas, but free market economists argue that it prevents scarcity. Laissez-faire economists believe that when quantity demanded increases the price must also rise because the higher price will become a necessary incentive for suppliers. They claim that when there is a scarcity, the distribution of goods and services are best done in a free market economy. The pricing system that is vital to the…

Types of Price Leadership: Value initiative aides in settling costs and keeping up value train. There are three noteworthy sorts of value authority, which are available in businesses over an entry of time. These three types of Price Leadership are clarified as follow: I. Predominant Price Leadership: Alludes to a kind of administration in which just a single association overwhelms the whole business. Under overwhelming value administration, different associations in the business can't…

Should morality be entirely defined from the perspective of affluent people helping the needy? According to Peter Singer, rich people have a moral obligation to help the needy and in particular to relieve the famine. He boons the position that the citizens existed within the industrialized realm, are able and should additionally provide assistance to still developing countries to lessen the persistence of insufficiency (John 509). Singer’s position is summarized as allowing the death of others…

Explain the impact the law of diminishing marginal returns has on both marginal cost and average total cost MARGINAL COST Marginal cost is a total cost to the company to produce one more product. This cost changes depending on how many products the company aims to produce. Changes in production may increase or decrease the marginal cost due to the marginal cost including all costs such as materials, labour, infrastructure. Marginal cost diagram has a U-shaped curve as a result of increasing…

The motion picture is a portrayal of the budgetary emergency, in view of Michael Lewis' top of the line book "The Big Short: Inside the Doomsday Machine." The fundamental characters are cash chiefs Michael Burry (Christian Bale) and Mark Baum (Steve Carell), who anticipated the emergency and discovered approaches to make over a billion dollars benefit from it. They predicted that the lodging market and the supporting subprime contracts would crash, and they found a way, utilizing credit default…

The enlightenment spread across the world during the late 1600s up to the 1800s. During this movement, transportation and technology advanced, new economies were built, and methods of hunting and selling changed. This is from the variation of people that were coming into the new enlightened areas. These people were farmers, miners, hunters and trappers who had helped the new enlightened state emerge. In John Gasts’ American Progress, it shows a woman flying from east to west bringing the…

The economy is the different values of different items, goods, or companies. When the economy changes the prices of those goods, items, and value of companies change. A change in the economy can impact many things such as money, debt, jobs, and almost anything involving money. Some of the things that impacted the economy were bi and monometalism, Westward Expansion, and World War One. Currency is the money used in each country, some currency is worth more than others. In the US some people…