October 13, 2021

Independent trucking

    Independent trucking is an industry that can be considered perfectly competitive. Draw a graph showing market supply, market demand, and equilibrium price and quantity. […]
October 13, 2021

The art of economics

  According Interland (2009) the art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; […]
October 16, 2021

Gross Domestic Product (GDP)

    Define Gross Domestic Product (GDP) and discuss how it is used as a measure of living standard and the limitations of its use. What […]
October 17, 2021

Trade policies for the developing nations

  In a critical essay, select a developing country of your choice (other than Saudi Arabia and US) and discuss its main trade characteristics and trade […]
October 18, 2021

Using the theory of supply and demand to analyze specific markets.

    Scenario 1: Suppose that, as part of an international trade agreement, the U.S. government reduces the tariff on imported coffee. Will this affect the […]
October 19, 2021

A firm’s detrimental

  Which is more detrimental to a firm, pricing your product or service too high, or pricing your product or service too low?  
October 19, 2021

Zoning

  Watch the YouTube video and submit, post answering the following question: Does government’s ability to regulate land use (zoning) help or hinder cities? Explain your […]
October 19, 2021

European economic growth between 950 and 1100

    What factors contributed to European economic growth between 950 and 1100? What is the relationship between economic growth and political power (e.g. technology, improved […]
October 19, 2021

The price elasticity of demand

Is the price elasticity of demand affected by the nature of the commodity being necessary or unnecessary, explain by example?