Explain how the price of money is set in the US economy.

Section I. 1. Explain how the price of money is set in the US economy. Provide examples of participants and their role on setting the price for money. (10 marks) 2. You are given the following demand and supply schedule from the book orders for 10-year US Treasuries on the Chicago Mercantile Exchange: Yield to… Continue reading Explain how the price of money is set in the US economy.

Identify some items, explaining your reasoning, that do not follow the law of diminishing marginal utility.

Prior to beginning work on this discussion, read Farah Mohammed’s article, Why Are Diamonds More Expensive Than Water? Describe the relationship between total utility and marginal utility. Explain if marginal utility can be negative. Examine the diamond-water paradox. Why are diamonds more expensive than water? Evaluate the law of diminishing marginal utility. Identify some items,… Continue reading Identify some items, explaining your reasoning, that do not follow the law of diminishing marginal utility.

How exactly was the strategy utilized to gain a competitive advantage?

Each individual will choose a real company (APPLE) that utilizes one of Porter’s strategies to compete in the global market. A two-page written assessment of that company’s success with the strategy is to be completed. After defining the selected strategy (Broad differentiation) consider the following questions: How exactly was the strategy utilized to gain a… Continue reading How exactly was the strategy utilized to gain a competitive advantage?