## Module 3: 3 of 3 College Paper Lab | collegepaperslab.com

Module 3: 3 of 3 College Paper Lab | collegepaperslab.com

IMAGES OF ECONOMIC GROWTH: HANS ROSLING’S 200 COUNTRIES OVER 200 YEARS

First, access the video under the “READINGS, VIDEOS, ARTICLES and PRESENTATIONS” folder under the Course Content tab. Locate the Module 3 subfolder.

What did you learn from watching Hans Rosling’s 5-minute video about changes in the health and wealth of countries over the past 200 years? Are all countries becoming healthier and wealthier? Who is surging ahead? Who is lagging behind? What are your conjectures about why this is the case? What would you suggest for the countries that are lagging behind the rest of the world?

In order to receive full credit for this discussion, you need to post a substantive answer of at least 50 words that explains what you learned from the video and how the video can be used to illustrate the importance of economic growth.

Please change the title of your response to reflect the main idea in the sentences that you post.

THIS IS ONE OF FOUR DISCUSSION BOARDS REQUIRED FOR MODULE 3.

Be sure to also participate in the discussion boards about (1) the Material World photos, and (2) the Hungry Planet photos.

Bade & Parkin (2015): Chapter 5 & Chapter 9

Websites and Video:

Please make sure you visit these websites/video listed below:

The Bureau of Economic Analysis http://www.bea.gov

The National Bureau of Economic Research http://www.nber.org/cycles/recessions.html

# College Paper Lab

## Economics 1.2 College Paper Lab | collegepaperslab.com

Economics 1.2 College Paper Lab | collegepaperslab.com

Consider a competitive market in which the market demand for the product is expressed as: P = 7500 – 1.5Q, and the supply of the product is expressed as: P = 1500 + 0.50Q. The typical firm in this market has a marginal cost of MC = 1500 + 100q.

a. Determine the equilibrium market price and output. Calculate the consumer surplus and the producer surplus at equilibrium in the industry.

b. Determine the output of the typical firm, given your answer to part (a) above. How many firms are there in the industry?

c. If the market demand were to increase to P = 8400 – 1.5Q, what would the new price and output in the market be in the short-run? What would the new output for the typical firm be? (Do not round up your answer.)

d. If the original supply and demand represented a long-run equilibrium condition in the market (assuming constant cost industry), would the new equilibrium (c) represent a new long-run equilibrium for the typical firm? Explain.

e. To be in the long-run equilibrium with the new demand, how many firms would enter into or leave from the industry? Show your work.

# College Paper Lab

## Research and synthesize the case analyzing the court opinion, law homework help College Paper Lab | collegepaperslab.com

Research and synthesize the case analyzing the court opinion, law homework help College Paper Lab | collegepaperslab.com

Case: M/S Brermen v. Zapata off-shore Co; 407 U.S. 1 (1972). Justia http://supreme.justia.com/us/407/1/case.html

1) Research and synthesize the case analyzing the court opinion

2) Critique the relevance of the case to the following concepts: a) Foreign Corrupt Practices Act; b) Alternative Dispute Resolution; c) Environmental Business Management.

3) What Alternative Dispute Resolution would you recommend in this case?

4-5 pages; 4-5 references; APA