Managerial Econ Project

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Pricing strategy varies significantly across different market structures.  The pricing guidelines in a monopoly market are relatively straightforward.  Since the company is the only producer offering the product, it can mark-up the price as far as the customer can bear.  The pricing strategies for a producer operating in a perfect competition structure are also fairly intuitive. They are price takers, and hence price is set at the marginal cost of the product.  This is due to the fact that there are many firms offering nearly identical products.  However, there is optimal pricing for the market structures offering differentiated products with many competitors (oligopoly) or a few producers (monopolistic competition). These are much more complex and involved.  It has been stated that differentiation in products that creates differences in customer valuation is the most prevalent type of competition.  In such markets pricing strategies may include the three Cs of cost, competition, and customer.

Develop a paper detailing an analysis of market structures and relating pricing strategies that are suitable for each of these structures.  Furthermore, include a real world example of pricing strategy for a specific company by identifying its market structure. 

Your paper should be around 10 double spaced pages, in APA Format and structured as follows:

Cover page with a running head
Abstract
1.  Perfect Competition    
     1.1. Description    
     1.2. Pricing Strategies
2. Monopolistic competition    
     2.1. Description   
     2.2. Pricing Strategies
3. Oligopoly    
     3.1. Description    
     3.2. Pricing Strategies
4. Monopoly    
     4.1. Description    
     4.2. Pricing Strategies
5. Case Study
6. Conclusion
References
 

Your paper needs to include at least three scholarly sources, i.e. peer reviewed articles. I strongly recommend the use of the APUS library for these sources, as most acceptable resources can only be found in protected databases.

Interpreting Faust for the Stage

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investigate some stage versions of the play. See if you can find any reviews of performances that explore the choices that were made in different productions. Some might try to recreate what they take to be Goethes intentions. But others adapt the play for different times and places.

Source: https://www.dropbox.com/s/l47w91x7hu7efi4/goethe-faust-trans-walterkaufmann.pdf?dl=0

Types of Crime

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To better understand criminal behavior, we must also understand the elements of the crimes that are being committed. From this we can correlate crime and behavior while working toward predicting outcomes.

Use the theories presented in Weeks 1-3 to complete the assignment.

Choose three different crimes in these categories:

    1 crime against persons
    1 crime against property
    1 drug-related crime

Answer the following prompts using 350 to 525 words for each crime chosen:

    Define each crime and its elements using your home states( Florida) penal code (online) .
    Evaluate each crime and determine which theory of criminality best applies. Explain your answer.
    Speculate about what type of person is likely to commit the crime and why.

Cite your sources according to APA guidelines.

Shiny

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The Data

For this assignment, you’ll be using the midwest dataset, which is built into the ggplot2 package. Each row contains demographic information about a county in each state:

midwest dataset

Remember, you may want to use dplyr to compute (and then later visualize) summary information!

Assignment Structure

For this assignment, you build your own shiny application. The application should provide users with the ability to interact with a visual representation of the midwest dataset. What the application looks like is up to you, as long as it meets the following requirements:

You create a multi-page (tab) application with at least two pages
On each page, you should use the appropriate layout, such as a sidebarLayout, to create a section for control widgets, and another section for a visualization.
You must create at least two widgets on each page that change the visual output in your application, such as data displayed on the x or y axis of a scatterplot.
One of your widgets on each page must change the data that is being displayed. For example, the attribute being shown on the x or y axis. While changing the color of all markers (from, say, red to blue) would not mheet this requirement, changing the data driving the color of each point would (i.e., color by percent poverty or population density)
You must create a visual representation of a dataset that reacts to the widgets on each page
You must host your application up to the shinyapps.io server, making it publicly usable
The layout is well structured (clear headers, panels, etc.)
As you know, in order to run a shiny application, you must create multiple files:

An app.R file, that drives your application
An app_ui.R file that defines your UI element (to be loaded into the app.R file)
An app_server.R file that defines your server element (to be loaded into the app.R file)
A README.md file, because it’s important to document your code. This file should contain a link to your project.
The purpose of this project really is just to make sure you’re comfortable with the structure of a web application. Feel free to be creative in your assignment, though a scatter-plot with 2 widgets controlling the x variable and y variable would be sufficient.

Widgets

You should create at least two widgets of your choice for each visualization. As stated above in the requirements, at least one of these widgets should change the data being displayed.

Visual representation

On each page (tab) of your application, you must have a visualization of the midwest dataset. The visualization can be made with base ggplot2, plotly, or something less supported but more interesting. While we don’t expect you to create anything ground-breaking, we do expect you to create a clear visualization with proper labels, titles, and interactions (if using and interactive library). And of course, the graphic needs to react to changing values in the widgets.