Brandon Miskanic

Numerade Educator
Teacher

Biography

I have always attempted to connect my school work with my interests. I fell in love with social studies classes at a young age and never looked back. Throughout high school, I have taken AP classes to challenge myself and further understand the topics that have been the most interesting. Once I took AP Economics, I realized how well it complements my passion for Political Science and is applicable to all areas of life. I knew I had to continue studying economics in college, thus I declared it my second major. Due to my AP scores, I was able to skip intro classes and I have already started intermediate-level economics. Outside of the classroom, I make sure to stay engaged by joining the school's economics society. Next semester I will be hosting review sessions to foster a collaborative learning environment. after attending econ lectures.

Education

Brandon has not yet added their education credentials.

Educator Statistics

Numerade tutor for 6 years
104 Students Helped

Topics Covered

How Markets Work: Understanding the Dynamics of Supply and Demand
Balancing Markets and Welfare: Striving for Equilibrium
Understanding Firm Behavior and Industry Organization
The Economics of Labor Markets: Understanding the Dynamics
Introduction
The Long-Term Impact of the Real Economy: Insights and Analysis
Markets and Welfare
Discover the Power of Introduction: Your Guide to Making a Lasting Impression
Explore Deeper: Topics for Further Study
Unlocking Insights: Macroeconomic Data Analysis
Understanding Short-Term Economic Fluctuations

Brandon's Textbook Answer Videos

05:17
Economics Principles, Problems, and Policies

Briefly state the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly. Under which of these market classifications does each of the following most accurately fit? $(a)$ a supermarket in your hometown;
(b) the steel industry; $(c)$ a Kansas wheat farm; $(d)$ the commercial bank in which you or your family has an account; $(e)$ the automobile industry. In each case justify your classification.

Chapter 9: Pure Competition
Brandon Miskanic
01:03
Economics Principles, Problems, and Policies

Strictly speaking, pure competition has never existed and probably never will. Then why study it?

Chapter 9: Pure Competition
Brandon Miskanic
05:00
Economics Principles, Problems, and Policies

Use the following demand schedule to determine total revenue and marginal revenue for each possible level of sales:
$$\begin{array}{|cccc|}
\hline \begin{array}{c}
\text { Product } \\
\text { Price }
\end{array} & \begin{array}{c}
\text { Quantity } \\
\text { Demanded }
\end{array} & \begin{array}{c}
\text { Total } \\
\text { Revenue }
\end{array} & \begin{array}{c}
\text { Marginal } \\
\text { Revenue }
\end{array} \\
\hline \$ 2 & 0 & \$ \text{_____} & \text{_____} \\
2 & 1 & \text{_____} & \$ \text{_____} \\
2 & 2 & \text{_____} & \text{_____} \\
2 & 3 & \text{_____} & \text{_____} \\
2 & 4 & \text{_____} & \text{_____} \\
2 & 5 & \text{_____} & \text{_____} \\
\hline
\end{array}$$
a. What can you conclude about the structure of the industry in which this firm is operating? Explain.
b. Graph the demand, total-revenue, and marginal-revenue curves for this firm.
c. Why do the demand and marginal-revenue curves coincide?
d. "Marginal revenue is the change in total revenue associated with additional units of output." Explain verbally and graphically, using the data in the table.

Chapter 9: Pure Competition
Brandon Miskanic
04:24
Economics Principles, Problems, and Policies

Which of the following statements are true? Which are false? Explain why the false statements are untrue. LO1
a. More immigrants arrive to the United States each year illegally than legally.
b. The majority of legal immigrants are men.
c. Over half the new legal immigrants to the United States each year are from Mexico.
d. Most legal immigrants to the United States gain their legal status through employment-based preferences.

Chapter 22: Immigration
Brandon Miskanic
07:49
Economics Principles, Problems, and Policies

KEY QUESTION In what respect is the economic decision to move across international borders an investment decision? Why do economic migrants move to some countries, but not to others? Cite an example of an explicit cost of moving; an implicit cost of moving. How do distance and age affect the migration decision? How does the presence of a large number of previous movers to a country affect the projected costs and benefits of subsequent movers?

Chapter 22: Immigration
Brandon Miskanic
02:24
Economics Principles, Problems, and Policies

Suppose that the projected lifetime earnings gains from migration exceed the costs of moving. Explain how the decision to move might be reversed when a person considers present value.

Chapter 22: Immigration
Brandon Miskanic
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