Please assist me with the below Supply and demand 1. When should we use this Supply and
Question:
Please assist me with the below Supply and demand
1. When should we use this Supply and Demand model in deciding the market price, and the change of the market price? Tell us about your daily experience. Do you think you can solve real world problems quantitatively with this model? Preferences,utilities maximization
2. Are people rational? Do you know your utility function? Compare the model with reality on how do we make our decisions in our daily life. Permanent Income Hypothesis
3. Is life-cycle consumption (permanent income hypothesis) model persistent with your believes, and what have you observed? Compare the model with reality on how do we make our decisions in our daily life Output maximization for firms
4. Tell us your strategy to maximize output given limited labor and capital constraints? What are the similarities and differences between output maximization and cost minimization, which one to use in what situations in practice when you are the producer? Discrimination in the workplace
5. How does workplace discrimination undermine organizational effectiveness? In your posts, be sure to explain the connection between stereotyping and discrimination. What is the most diverse group you have worked with? In what ways was this group diverse? How it Fits: This relates to chapter 2, which examines diversity in today’s organizations. Leaders must implement effective diversity programs in order to attract, select, develop, and retain diverse employees.
6. What to do: Chapter 1 Chapter 2 HBR (Harvard Business Review) Articles: 1) What Makes a Leader? Daniel Goleman 2) What Makes an Effective Leader Peter F. Drucker Assess both HBR articles #1 and #2 and both textbook chapters 1 & 2. Integrate the HBR articles and the textbook chapters to formulate how you would lead with respect to understanding yourself and others. How it fits: Consistent with the learning objective of leader effectiveness by understanding themselves and others.
7. Think of a word that best describes you or your life. Post the word as the subject of the discussion board posting and then explain why you chose that word in the body of the posting. Oligopoly and corruption
8. List oligopoly corruptions and unethical practices you know from any companies. Do you think oligopoly is anideal market structure.