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Instead, every dollar deposited to a player's account gets converted to Steam credits, which can then be traded on the site for skins, other games or ancillary products. Once dollars become credits, the company does not convert them back. That trade off was fine for most. But it became frustrating for players who wanted to cash out their gains for real money. Here, some saw opportunity: Valve operates Steam on what is called an "application programming interface," a bridge that lets third party developers engage with a platform. Facebook's API, for instance, allows outside companies to design the myriad apps that link into the service.

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How does surge pricing ensure that the market is allocative efficient?Explain how the consumer and producer surplus changes as a result of the price surge. Why would these changes upset customers?c. Provide one alternative to surge pricing. Task 6: Market PowerQ1. How does a network externality serve as a barrier to entry?Is this barrier surmountable?Explain. Q2. Explain the economic concept of price elasticity of supply. What are the 5 key determines of price elasticity of supply. Use examples to explain your answer. Q3. For each pair of items below, determine which product would have a higher price elasticity of demand in absolute value and which one a lower price elasticity of demand.

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Sentence stems can stimulate reflections. Use them in conferences where reflection can be modeled, or put them on a sheet for students who choose writing to jump start their reflections. Here are examples of possible sentence stems: I selected this piece of writing because What really surprised me about this piece of writing was When I look at my other pieces of writing, this piece is different because What makes this piece of writing strong is my use of Here is one example from my writing to show you what I mean. What I want to really work on to make my writing better for a reader is Students may prefer simply to describe what is going on in the writing in their own way. When students set their goals, they will use their reflections as a basis for directing their learning journey. Students might collect work throughout the year as part of a portfolio process. Every quarter they can review the work in their collection folders and choose one or two pieces to enter into their portfolio. When they make those choices, they can take the opportunity to reflect on the reasons for their choices and to set goals for their next quarter's work. The ultimate intent of teaching reflection is to get students into the habit of reflecting on their own actions and constructing meaning from those experiences. When they develop the Habits of Mind related to reflection, they will hear both an internal and an external voice of reflection. The internal voice of reflection is self knowledge.