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An economics professor and her husband went out to dinner and she observed one of her students drinking alcoholic beverages to excess. The professor knew the economics final exam was scheduled for the next morning. When the professor's husband realized that the student was in his wife’s economics class, he described the student’s behavior as irrational. The professor disagreed.

Under what conditions is behavior irrational according to the properties of consumer behavior discussed in the chapter? What situations could make the student's behavior rational?

You must first post your answer(s) before you can see the other students’ posts. Submit your initial post(s) early in the module.

Factors that may influence a firm's decision to buy goods rather than produce goods internally include a lack of in-house expertise, small volume requirements, a desire for multiple sourcing, and the fact that the item may not be critical to the firm's strategy. Additional consideration may be given if the firm has the opportunity to work with a company that has provided outsourced services successfully in the past and can sustain a long-term relationship (Kenton, 2019).

Additionally, most businesses make decisions not only about how many workers to employ at any given point in time (e.g., the amount of labor) but also about the scale of an operation (e.g., size of factory, office) to put together and which production processes to use. Therefore, the long run is defined as the time horizon necessary to not only change the number of workers but also to scale the size of the factory up or down and alter production processes as desired.

If you were a manager at Ford, what information would you need to make decisions about the production of a vehicle like the Ford Fusion? In your answer, please include information about number of employees, factory size, office space, production processes, and scale of operation.

You must first post your answer(s) before you can see the other students’ posts. Submit your initial post(s) early in the week.

See the Discussion Board Guidelines and Rubrics
Download Discussion Board Guidelines and Rubrics.

Questions to consider in this module's discussion forum post:

  1. How can the consumption of other cultures be simultaneously harmless (or even beneficial) AND exploitative?
  2. How might it be 'ok' to love the other?
  3. Is the type of cutural appropriation we've been covering the last few weeks avoidable when we do not have a homogenized (ie, all the same society?

Feel free to incorporate the texts from module 9 as well, as this module is a continuation of similar themes. And don't forget, because there is not lecture you are responsible for one orignial discussion post and two peer response posts.

Overview

My course tutor writing experts Wish you the best as you reflect on your history course progress

The purpose of this discussion is to reflect on and share the things you have learned in this class.
Instructions

Think about your learning experiences over the entire class. Identify something that made you go "wow" in this class- what surprised or impressed or shocked you? Try not to repeat a "wow" you wrote about earlier.
Describe why this thing stood out to you.  Use quotes from your readings and research to support your observations. Make sure to use your primary sources!
Include an illustration from the period and make sure you caption the illustration.
Share two or three new words you've learned from this module 5, and the definitions.
Your Wow statement should be at least 100-150 words, not including the citations.
By Sunday, respond to the Wows of at least two other students with at least a couple of sentences.

In case you subscribed for our services, we hope My Course tutor writing experts have provided with invaluable tutoring services. We may help you write your final reflection about the history course, before we can wish you the best in your future endeavors.