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The World of Videos

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The World of Videos operates a retail store that rents movie videos. For each of the last 10 years, World of Videos has consistently earned profits exceeding $33,000 per year. The store is located on prime real estate in a college town. World of Videos pays $1,800 per month in rent for its building, but it uses only 50 percent of the square footage rented for video rental purposes. The other portion of rented space is essentially vacant. Noticing that World of Videos only occupies a portion of the building, a real estate agent told the owner of World of Videos that she could add $1,400 per month to her firm’s profits by renting out the unused portion of the store. While the prospect of adding an additional $1,400 to World of Videos’s bottom line was enticing, the owner was also contemplating using the additional space to rent video games. What is the opportunity cost of using the unused portion of the building for video game rentals?

 
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GDP, inflation, and unemployment

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Hi, I was wondering if you could answer this question for $10 plus tip please? 

Utilize the dynamic aggregate demand and aggregate supply model to answer the following questions for2007-2009 recession:

   1)  How were GDP, inflation, and unemployment affected during the recession, and how does the model show this?

    2) What monetary policies and fiscal policies were implemented during the recession?

    3) How did the recession affect U.S. trade relations and the U.S. dollar exchange rate?

Thank you very much. I appreciate your time. 🙂

 
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critical elements

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Specifically the following critical elements must be addressed:I. IntroductionWork with your instructor to choose a firm that matches the following criteria: a publicly traded company operating in the U.S. market that is currently inbusiness.a) Outline the purpose of this paper and how it will inform your conclusion.b) Summarize the history of the firm, and provide an overview for what the firm does and what goods/services it sells.II. Explore the supply and demand conditions for your firm’s product.a) Evaluate trends in demand over time, and explain their impact on the industry and the firm. You should consider including annual sales figuresfor the product your firm sells.b) Analyze information and data related to the demand and supply for your firm’s product(s) to support your recommendation for the firm’sactions. Remember to include a graphical representation of the data and information used in your analysis.III. Examine the price elasticity of demand for the product(s) your firm sells.a) Analyze the available data and information, such as pricing and the availability of substitutes, and justify how you determine the price elasticityof demand for your firm’s product.b) Explain the factors that affect consumer responsiveness to price changes for this product, using the concept of price elasticity of demand as yourguide.c) Assess how the price elasticity of demand impacts the firm’s pricing decisions and revenue growth.IV. Examine the costs of production for your firm.a) Analyze the various costs a firm faces, their trends over time, and how they have impacted your firm’s profitability.b) Apply the concepts of variable and fixed costs to your firm for informing its output decisions. For instance, analyze how different kinds of costs(labor, research and development, raw materials) affect the firm’s level of output.V. Explore the overall market for your firm.a) Discuss the market share of the firm and its top competitors by providing details on current percentages for each firm and describing the trendover time. You might consider presenting the data graphically.b) Analyze the barriers to entry in this market to illustrate the potential for new competition and its impact on your firm’s future in the market.c) Describe the market structure for this firm, and analyze how this affects the firm’s ability to influence the market.VI. Recommendationa) Develop a recommendation for how the firm can manage its future production by synthesizing the data presented.b) Suggest how the firm’s position within the market and among its competitors will allow it to take your recommended action.c) Describe how the firm can sustain its success going forward by evaluating the findings from demand trends and price elasticity.  The company is netflix

 
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consultant

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Now, imagine that you are a consultant to the firm of your choice. The firm has hired you to advise it on how it can ensure its future success as a company in its current market. To do this, you will write a 7–9-page research paper analyzing market and business data to explain how the core microeconomics principles the sustainability of the firm and what actions it can take to ensure success. Netflix is my company I picked

 
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