Microeconomics

Assignment Requirements

 

What are the costs (opportunity costs) and benefits of writing this paper? Weighing the pros and cons and deciding whether or not to write this paper (increase your paper production by 1) is analogous to firms’ analyzing their revenues and costs and deciding whether or not to increase production. What aspect of this paper is analogous to a firm’s marginal revenue? Using the formula on the syllabus or Spreadsheet (Excel) for calculating your course grade, analyze the benefits of writing this paper with some numbers:
The formula on the syllabus for calculating your course grade
Grade = Midterm + Paper + Final + Participation
0.16(Mid 1+2+3+4) + 0.105(Paper 1+2) + 0.26*Final Grade + 0.05*2.9
Notes: Four tests = 3 Midterms + Final Exam
If a person had a grade of 2.0 on all four tests, participation, and both papers, their course grade would be 2.0 (C). If this person turned in a third paper and improved their lowest paper grade by 1.0 (from 2.0 to 3.0), what would their decimal course grade be (don’t round off the number)? How much did writing the third paper improve their decimal course grade by, i.e., what is the marginal benefit of writing the third paper?
If a person had a grade of 3.0 on all four tests, participation, and both papers, their course grade would be 3.0 (B). If this person turned in a third paper and improved their lowest paper grade by 1.0 (from 3.0 to 4.0), what would their decimal course grade be (don’t round off the number)? How much did writing the third paper improve their decimal course grade by, i.e., what is the marginal benefit of writing the third paper?
If you improve your lowest paper grade by 1.0, how much will writing the third paper improve you decimal course grade by (don’t round off the number)? Would that be likely to increase your letter grade? Are you likely to improve your lowest paper grade by 1.0?
Under what conditions should the paper be written or not written? Explain the relevant factors. Give some examples of when it would and would not make sense to write this third paper. Business decisions are based on numbers, you need numbers in your paper. Using a spreadsheet ( Excel) to calculate your course grade and the impact of this paper on your course grade is a good idea.
Noted: You don’t need the source for this paper. On the number of sources/references, I put down one because there no zero source. This essay you need to use the knowledge of microeconomics to write about it. Please help me out with this paper. This paper is very important to me because I have to study for the exam coming up, so I have no time. And, I need you help me with this paper. Thank a lot. And I am very appreciated about your help.

What are the costs (opportunity costs) and benefits of writing this paper? Weighing the pros and cons and deciding whether or not to write this paper (increase your paper production by 1) is analogous to firms’ analyzing their revenues and costs and deciding whether or not to increase production. What aspect of this paper is analogous to a firm’s marginal revenue? Using the formula on the syllabus or Spreadsheet (Excel) for calculating your course grade, analyze the benefits of writing this paper with some numbers:

The formula on the syllabus for calculating your course grade

Grade  =          Midterm          +          Paper               +          Final                +          Participation

0.16(Mid 1+2+3+4)     +     0.105(Paper 1+2)     +     0.26*Final Grade     +   0.05*2.9

Notes: Four tests = 3 Midterms + Final Exam

If a person had a grade of 2.0 on all four tests, participation, and both papers, their course grade would be 2.0 (C). If this person turned in a third paper and improved their lowest paper grade by 1.0 (from 2.0 to 3.0), what would their decimal course grade be (don’t round off the number)? How much did writing the third paper improve their decimal course grade by, i.e., what is the marginal benefit of writing the third paper?

If a person had a grade of 3.0 on all four tests, participation, and both papers, their course grade would be 3.0 (B). If this person turned in a third paper and improved their lowest paper grade by 1.0 (from 3.0 to 4.0), what would their decimal course grade be (don’t round off the number)? How much did writing the third paper improve their decimal course grade by, i.e., what is the marginal benefit of writing the third paper?

If you improve your lowest paper grade by 1.0, how much will writing the third paper improve you decimal course grade by (don’t round off the number)? Would that be likely to increase your letter grade? Are you likely to improve your lowest paper grade by 1.0?

Under what conditions should the paper be written or not written? Explain the relevant factors. Give some examples of when it would and would not make sense to write this third paper. Business decisions are based on numbers, you need numbers in your paper. Using a spreadsheet ( Excel) to calculate your course grade and the impact of this paper on your course grade is a good idea.

Noted: You don’t need the source for this paper. On the number of sources/references, I put down one because there no zero source. This essay you need to use the knowledge of microeconomic to write about it. Please help me out with this paper. This paper is very important to me because I have to study for the exam coming up, so I have no time. And, I need you help me with this paper. Thank a lot. And I am very appreciated about your help.

 

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