Pearson Study guides, Class notes & Summaries

A friend notices that you are reading the Internal Revenue Code of 1986. Your friend inquires why you are consulting a 1986 publication, especially when tax laws change so frequently. What is your response? A. It is updated for every statutory change to Title 26 subsequent to 1986. Therefore it includes the post-1986 tax law changes enacted by Congress and today reflects the current state of the law. B. It is the last time the code was published, therefore it is easier to read Title 26 of ...

imagine that you have been put in charge of choosing a child-behavior-rating test for your agency. You will analyze the BASC-3 Behavioral and Emotional Screening System and Achenbach System of Empirically Based Assessment behavior-rating tests. Using the ASEBA Catalog, the Pearson Clinical Catalog, and the Mental Measurements Yearbook, determine which is most appropriate, make a choice of which one to buy, and recommend and justify your choice.

5 pages of hand-written PDF notes for MyEconLab Microeconomics by Pearson, Chapter 4: Economic Efficiency, Government Price Setting, and Taxes. Subjects include: - Consumer Surplus and Producer Surplus - The Efficiency of Competitive Markets - Government Intervention in the Market: Price Floors and Price Ceilings - The Economic Impact of Taxes Definitions include: - price ceiling - price floor - consumer surplus - producer surplus - economic surplus - deadweight loss - economic efficiency - ...

6 pages of hand-written PDF notes for MyEconLab Microeconomics by Pearson, Chapter 1: Economics: Foundations and Models. Subjects include: - The Economic Problem that Every Society Must Solve - Economic Models - Microeconomics and Macroeconomics - A Preview of Important Economic Terms Definitions include: - marginal analysis - trade-off - opportunity cost - centrally planned economy - market economy - mixed economy - productive efficiency - allocative efficiency - voluntary exchange - equity...

3 1/2 pages of hand-written notes for MyEconLab Microeconomics by Pearson, Chapter 2: Trade-offs, Comparative Advantages, and the Market System. Subjects include: - Production Possibilities Frontiers and Opportunity Costs - Comparative Advantage and Trade - The Market System Definitions include: - production possibilities frontier (PPF) - increasing marginal opportunity costs - economic growth - trade - absolute advantage - comparative advantage - product markets - factor markets - circular...

3 pages of hand-written PDF notes for MyEconLab Microeconomics by Pearson, Chapter 15: Monopoly and Antitrust Policy. Subjects include: - Where do Monopolies Come From? - How Does a Monopoly Choose Price and Output? - Does Monopoly Reduce Economic Efficiency? - Government Policy toward Monopoly Definitions include: - monopoly - network externalities - natural monopoly - market power - antitrust laws - horizontal merger - vertical merger

3 pages of hand-written PDF notes for MyEconLab Microeconomics by Pearson, Chapter 14: Oligopoly: Firms in Less Competitive Markets. Subjects include: - Oligopoly and Barriers to Entry - Using Game Theory to Analyze Oligopoly - Sequential Games and Business Strategy - The Five Competitive Forces Model Definitions include: - oligopoly - game theory - business strategy - payoff matrix - collusion - dominant strategy - Nash equilibrium - cooperative equilibrium - noncooperative equilibrium - pr...

4 pages of hand-written PDF notes for MyEconLab Microeconomics by Pearson, Chapter 12: Firms in Perfectly Competitive Markets. Subjects include: - How a Firm Maximizes Profit in a Perfectly Competitive Market - Illustrating Profit or Loss on the Cost Curve Graph - Deciding Whether to Produce or to Shut Down in the Short Run - The Entry and Exit of Firms in the Long Run - Perfect Competition and Efficiency Definitions include: - perfectly competitive market - price taker - average revenue - ma...

2 1/2 pages of hand-written PDF notes for MyEconLab Microeconomics by Pearson, Chapter 16: Pricing Strategy. Subjects include: - Pricing Strategy, the Law of One Price, and Arbitrage - Price Discrimination: Charging Different Prices for the Same Product - Other Pricing Strategies Definitions include: - arbitrage - arbitrage profits - price discrimination - odd pricing - cost-plus pricing - two-part tariff