Can anyone assist me with these questions? Critical Thinking Questions: Are differences in geography behind the differences in absolute advantages? 2. Why does the United States not have an absolute advantage in coffee? 3. Why might a low-income country put up barriers to trade, such as tariffs on imports? 4. Can a nation’s comparative … Read more
Watch the video clip from Jingle All the Way. (View Transcript.) Consider the following: Prices serve a rationing function. When quantity demanded exceeds quantity supplied, prices rise to alleviate the shortage. When quantity supplied exceeds quantity demanded, prices fall to alleviate the surplus. However, when prices are inflexible, shortages and surpluses persist. Other … Read more
PROMPT: One of the major concerns related to the US economy at the moment is INFLATION. On this Discussion you will start exploring this topic. As so many economists say “ uncontrolled inflation is too much money chasing the same goods and services” Here you will research the forces behind inflation. Make sure you leave … Read more
You are an economic consultant for XYZ Corporation who reports to the VP of Finance, Maria Horowitz. You learned that multiple departments of your company are collaborating to create a presentation for a prospective client that explains how XYZ Corporation can help them improve their business. Maria has been asked to present on several financial … Read more
Whether it is realized or not, individuals have been—and continue to be—affected by globalization. Globalization influences the products people purchase, the nature of jobs, and culture, among other things. As you respond to this week’s Discussion, consider both the positive and negative ways you or people you know have been affected by globalization. Are you … Read more
Hello, I attached how it should be done (Examples.pdf) and my homeworks PS1/PS2.pdf files. If you can make it asap, please contact me. P.S. It’s online course. Thank you.
You are an economic consultant for XYZ Corporation who reports to the VP of Finance, Maria Horowitz. You learned that multiple departments of your company are collaborating to create a presentation for a prospective client that explains how XYZ Corporation can help them improve their business. Maria has been asked to present on several financial … Read more
The supply and demand model forms the basis of much microeconomic analysis. It combines information about buyers’ preferences for purchasing products or services with information about the sellers’ willingness to supply them. In market-based economies, it is the interaction between buyers and sellers, as illustrated in the demand and supply model, that determines equilibrium prices … Read more
How do increasing opportunity costs affect the shape of the production possibilities curve? Provide an example that illustrates the concept of increasing opportunity costs. Include a graph or illustration to support your answer. Your response should be at least 75 words (1 paragraph) in length, plus the graph or illustration. Assume country A has an … Read more
What is economics and how do economic concepts apply to your life? With the complexities of technology and the current global economy, it may be helpful to consider a simplified and hypothetical scenario of an ancient family of potters who lived in a remote area. While the family was skilled and efficient, they only needed … Read more