Maximum Prices

Maximum Prices How do you "pay" for goods when they are scarce due to a price ceiling? Who gains from price ceilings? Does the distribution method for the scarce goods matter to your answer? If the aim of price ceilings is to help the poor, who might otherwise not be able to afford city apartments, can you think of a better way of doing it? What will happen to supply over time in markets with price ceilings?

Economics

You've been hired by an unprofitable firm to determine whether it should shut down its unprofitable operation. The firm currently uses 70 workers to produce 300 units of output per day. The daily wage (per worker) is $100, and the price of the firm's output is $30. The cost of other variable inputs is $500 per day. Although you don't know the firm's fixed cost, you know that it is high enough that the firm's total costs exceed its total revenue. Provide a 1-2 page report to management of the firm as to whether or not it should continue to operate at a loss?

Price fixing case on US Federal Trade Commission website

Visit the website for the U.S. Federal Trade Commission (http://www.ftc.gov/)to get the facts on the most recent price fixing cases. Click on the Search icon, and do a search of News Releases using the words "price fixing." Write a description of a recent price-fixing case.

Microsoft antitrust debate

Microsoft antitrust debate, think about the government's role in the U.S. economy. please research the government's actions in the Microsoft antitrust case and how it reflects the government's role in the U.S. economy.

The Microsoft Anti-Trust Trial

The Microsoft trial has been one of the biggest investigations of antitrust behavior since the turn of the century. Supporting the governments side research and present a cohesive argument to the other (microsoft supporters ) side. You can choose to go on microsofts side if that can work for you.