Reading Assignment | Homework Help Websites

  1. PART 1. – Analytical Report

Write a short analytical report (3 – 4 pages) on two topics: shortages / scarcity and point elasticity / arc elasticity and specifically address the following points:

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper
  • Explain the difference between shortages and scarcity. In answering this question, you should consider the difference between the short run and the long run in economic analysis.
  • Explain the difference between point elasticity and arc elasticity. What problem can arise in the calculation of the latter, and how is it usually dealt with? (Please use actual business examples).

Use the template that is attached.Homework Help Websites

You must perform research in the CALU library to complete this assignment. The paper should include 1 quote, 1 website source, and 1 textbook source. The VeriCite score for this paper should be less than 15%. Additionally, all citations must have matching references.

Below is a recommended outline.

  1. Cover page (See APA Sample paper)
  2. Introduction
    1. Purpose of paper
    2. Thesis sentence
  3. Body (Cite sources using in-text citations.)
    1. Main point 1
      1. Example or evidence
      2. Evidence (support from the literature)
      3. Student’s original thoughts and ideas about the section’s content and a concluding thought
    2. Main point 2
      1. Example or evidence
      2. Evidence (support from the literature)
      3. Student’s original thoughts and ideas about the section’s content and a concluding thought
    3. Main point 3
      1. Example or evidence
      2. Evidence (support from the literature)
      3. Student’s original thoughts and ideas about the section’s content and a concluding thought
  4. Conclusion – Summary of main points
    1. Lessons Learned and Recommendations as needed
  5. References – List the references you cited in the text of your paper according to APA format.
  6. Part2 – Quantitative Analysis

Write a Quantitative Analysis report on the following problems:

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper
  1. Given the demand equation Q =1,500 – 200P, calculate all the numbers necessary to fill in the following table:

ElasticityPQPointArcTotal RevenueMarginal Revenue$7.00$6.50$6.00$5.50$5.00$4.50$4.00$3.50$3.00$2.50

  1. Forecasting – The sales data for the Lonestar Sports Apparel Company for the last 12 years are as follow:

Sales200120022003200420052006$400,000$440,000$480,000$518,000$554,000$587,000Sales200720082009201020112012$617,000$654,000$700,000$756,000$824,000$906,000

  1. What is the 2001 – 2012 compound growth rate?
  2. Using the result obtained in part a, what is your 2013 projection?
  3. If you were to make your own projection, what would you forecast?

Demand Estimation

One of the most difficult tasks in regression analysis is to obtain the data suitable for quantitative studies of this kind. Suppose you are trying to estimate the demand for home furniture. Suggest the kinds of variables that could be used to represent the following factors, which are believed to affect the demand for any product. Be as specific as possible about how the variables are going to be measured. Do you anticipate any difficulty in securing such data? Explain.

SalesDeterminants of Demand for FurnitureSuggested Variables to Use in Regression AnalysisPriceTastes and preferencesPrice of related productsIncomeCost or availability of creditNumber of buyersFuture expectationsOther possible factors

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works

Here is how simple it is to make use of our essay writing services

step 1

Submit a "write my essay for me" request

Fill out a quick order form and provide detailed requirements as to the paper, its format, etc. You can even attach screenshots or add additional instructions later. If something has to be clarified or added, the writer will contact you directly.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
Good work & clear explanations.
Customer 453187, June 22nd, 2022
Beauty
Instructions met.
Customer 452441, May 3rd, 2022
SEO
Good job!
Customer 463869, May 11th, 2023
Commitment Statement for Canberra - Subclass 491 Offshore Visa
Thank you so much for all your help and support. Thank you writer for all your efforts and great work. Thank you all once again.
Customer 455757, January 29th, 2022
IT
Well researched
Customer 463377, May 15th, 2023
Human Resources Management (HRM)
Good economics.
Customer 462499, May 1st, 2022
Retail
Excellent work. Looking forward to working with you in the future.
Customer 463467, November 2nd, 2022
English 101
Good work.
Customer 453625, May 25th, 2022
English 101
Satisfactory. However, always go through instructions before submitting to identify omissions.
Customer 462843, April 11th, 2022
Military
good job
Customer 456821, January 5th, 2022
Computer science
Excellent.
Customer 462387, April 4th, 2022
Healthcare & Medical
Excellent work!
Customer 463337, November 18th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat