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UTILITY, CONSUMER SURPLUS AND VOLUNTARY EXCHANGE

consumer benefits from by being able to purchase a product or service for a price less than what he or she would otherwise be will...

Two Part Tariffs and the Consumer Surplus

costs to find the optimal levels of sales. However, this may also be seen as losing some potential income at the cost of making mo...

Explaining Utility Maximization with the Use of Indifference Curves

link between the value of labor input and price of a good (Marx, 1999). The problem with this approach is the way in which it as s...

Global Migration

In eight pages this paper discusses the US voluntary 'Great Migration' and Kosovo's forced migration....

Consumption Choices

are cheaper. These effects may be seen even if there is not a drop in disposable income, but there is an expectation that there wi...

Self Correction Changes and Floating Exchange Rate System

pressures than is currently being imposed. The feasibility of alternative policy frameworks -- including nominal exchange rate tar...

Competition, Customer Satisfaction, and Utility Deregulation

transparency. Critics of the utility superpowers have generally complained that utilities exploit consumers and create an un-leve...

Formation and Changing of Opinions

the surgeon general is mostly respected, when it comes to running shoes, his or her knowledge probably wouldnt be very persuasive....

Raiding Social Security

in. Whatever surplus remains currently is devoted to government operation (Tempelman, 2006). As the federal government removes a...

Does the Voluntary Sector Subsidize Government Spending?

in total the UK had in excess of 3 million individuals volunteering for charities (Pharoah and Smerdon, 1998). Research indicated ...

Economic Theory in News Articles

offshore companies (Klie, 2012, p15). The legislation proposes measures to deter companies from pursuing offshoring arrangements b...

Consumption and Investment Decision Making

whatever the situation, the analysis that listed decision will involve considering the alternatives and the determination of the c...

Consumer Loan Costs and Variable Rate Mortgages

The paper looks at issues associated with consumer finance. The first section looks at the cost of loans, including interest rates...

The NASDAQ and NYSE-Euronext Exchanges

both sides as much as possible. The NYSE-Euronext and the NASDAQ are both examples of exchanges, and are quite popular because bet...

Vanguard Case Study - Exchange Rate Exposure

the U.S. market is worth its while economically. The question becomes, however, what will be the best aspect for this company. Qu...

Exchange Rate Issues

takes place, theoretically having a potential impact on creating a point of payments equilibrium. As the currency weakens the pric...

Student Questions on Exchange Rates

2000). The interest rates may also be impacted, but this will depend on the overall economic policy of the government. If we ass...

Answering Economic Questions

(Nellis and Parkler, 1998). Therefore once more or less than the optimal number of units are produced the average total cost will ...

Student Case Study on International Borrowing

In five pages this student submitted case study discusses foreign currency borrowing considerations by a company in an examination...

Consumer Profile of Pepsi Cola

In eight pages this paper presents a consumer profile of Pepsi that includes characteristics, a 4Ps marketing strategy, process of...

Utility Regulations

In ten pages this paper considers the regulation of utilities with the emphasis upon 1935's Public Utilities Holding Company Act. ...

Economics Questions

amount and only having half the rent this not very different if the rent is due; in both scenarios the rent cannot be paid. This i...

Mass Customization and Marketing Questions

of cable channels over the years has allowed television viewers to choose channels more in keeping with their tastes. As a broadc...

10 Drivers for the Development of Manufacturing Industries in Small Economies

level of income available in an economy to make the purchases it will also increase the pressure on government spending on the wel...

Consumer Behavior and Dyadic Exchange

have evolved over the past several decades. The concept of the "dyadic exchange" is best explained in the simplistic terms of one-...

Buying Green - Studies in Consumer Behavior

had the desired result, but there appears to be a saturation point (Obermiller, et al., 1995). After consumer awareness has been r...

Analyzing Dream Worlds Mass Consumption in Late Nineteenth-Century France by Rosalind H. Williams

In thirteen pages this paper features a chapter by chapter book analysis on William's examination of how the evolution of consumer...

Understanding the Consumer Decision-Making Process

This 5 page paper summarizes the elements of the consumer decision-making process and considers how marketers can use the consumer...

Models for eBusiness

purchase also includes a range of added extras, such as extended warranties and on site maintenance agreements as well as training...

Advertising Analysis With Toulmin's Model

and well being, which it openly attributes to making the right decisions in life. The companys "Just Do It" marketing campaign wa...