A most relevant example of a monopolistic competitive industry is given by the fast food industry. There is a great supply and demand for fast food products; numerous companies make the products, from international conglomerates such as McDonalds, t Continue Reading...
Economics Define economics Economics is defined as the study of how society allocates limited resources and goods (Encyclopedia Britannica, 2009). Resources include inputs such as labor, capital, and land and are used to produce goods. Goods includ Continue Reading...
We analyze the economy's productivity by calculating the Gross National Product, which is "the market value of the sum of all the goods and services produced in the economy." The economy's productivity should have a constantly growing figure in orde Continue Reading...
Microeconomics: Differentiating Between Market Structures in an Organization Microeconomics Electronics Industry The electronics industry has become one of the largest and fastest growing industries which generate billions of dollars every year. T Continue Reading...
Economics Issues in Non-Public Schools This paper is a literature review of economic issues in non-public schools and it will mainly use information obtained from nine sources of economic literatures so highlighted in the work cited section. To begi Continue Reading...
Summary In the period between 2002 and 2012, Australia experienced a mining boom; a period in which the level of exports increased more than threefold and also the investment made in mining as a percentage of the nation’s GDP increasing from 2 Continue Reading...
The third degree discrimination is when businesses set prices depending on the location and the market segments. Here the supplier will identify the various market segments and have varying prices for the same item due to the varying consumer class Continue Reading...
Differentiations are always brought up by the contemporary mainstream economists and their theories regarding ontological questions and assumptions or mere recognition regarding conformity of preference structures regarding some rules can be approx Continue Reading...
Land Management Forest Land Management One of the most precious resources that the United States possesses are the national and state forests which dot the landscape. Federally protected forests can be a great asset to government if they are proper Continue Reading...
It involves a new way of thinking and living "based on attention to people, and not primarily attention to goods" (Schumacher 70). Such a new system would prioritize the local community, would reinvigorate agriculture through the use of intermediate Continue Reading...
In 1960, this separation began to change. "Economists began to study voters as rational maximizers, politicians as entrepreneurs, and bureaucrats as suppliers in a market-like process of consumption, production and exchange. Political science has be Continue Reading...
Opportunity Costs How a college education increases one's human capital It is a universal belief that a more educated workforce leads to an incredible human capital. Therefore, the thought of retaining higher educated graduates is important towards Continue Reading...
Rittenberg L.T. Human capital is used for acquiring knowledge and skills which increase individuals' value and productivity. Such skills are experience, training, and education. These skills aids in providing resources to enhance economic growth, an Continue Reading...
Dendro Macroeconomic Factors There are a number of macroeconomic factors that will affect Dendros, but the most important one is the overall health of the local economy. The GDP is the most oft-cited measure of broad macroeconomic health. For some Continue Reading...
In the end, those new highways will be just as congested as the current ones. This option appears to fill the benefits of both the stadium and the education options, at least in the short run. The long-run benefits of more highways are questionable, Continue Reading...
The public face of stigma involves the general public's negative beliefs, feelings and behaviours directed toward those with a stigma" (¶ 4). Public stigma may contribute to a cycle of poverty by: a) Employers discriminating against obese indiv Continue Reading...
open-ended question. I don't know about organizational thinking -- individuals think; an organization has no brain. I do know, however, that strategy is set within organizations on the basis of all manner of internal and external variables. Several Continue Reading...
The political situation in the Middle East is extremely volatile. The political situation in the Middle East can have a dramatic impact on oil supplies. However, threats to the oil supply are beginning to emerge outside of the region as well. For in Continue Reading...
Size/Cooperative Learning & it's effects on participation Action Research Question Will cooperative learning have a significantly positive impact on smaller or larger classes? The purpose of this study was to investigate if cooperative learni Continue Reading...
Coca Cola -- External Analysis An external analysis of Coca-Cola (NAICS # 312111 -- Soft Drink Manufacturing) requires scrutiny of the specific industry environment with Porter's 5-Forces model and examination of the larger business environment thro Continue Reading...
It is important that tomorrow's business leaders understand the good and bad science behind currently marketed drugs, and understand what constitutes ethical and unethical marketing practices. Also, over the course of the past five months, while wo Continue Reading...
However, despite the severe competition, the people of Latin America still hold the traditions of the church close to their hearts and give a lot of respect to religious figures (Jean-Pierre, 1998). The relationship between the church and the gover Continue Reading...
Marketing for Humanitarian Organizations Marketing and Humanitarian Marketing is often described as the activities which a company or organization undertakes in selling and buying products and services. It involves promoting their products and serv Continue Reading...
Finally the vehicle price less customer incentives and rebates (cash and incentives) are used as the variables to complete the partial correlation. Table 2 Partial Correlation Descriptive Statistics Mean Std. Deviation TOTAL MIDSIZE SUV UNIT SAL Continue Reading...
Convergent questions seek one or more very specific correct answers, while divergent questions seek a wide variety of correct answers. Convergent questions apply to Bloom's lower levels of Knowledge, Comprehension, and Application and may include q Continue Reading...
political scenario illustrated that governments all over the globe are making their immigration rules more stringent because of the rise in terrorism; the implication of this phenomenon is a decrease in international traveling, which endangers conti Continue Reading...
Work Values Cross-cultural comparison on work value between U.S. And China A value is "what a person consciously or subconsciously desires, wants, or seeks to attain" (Locke, 1983). Peterson and Gonzalez (2005) say values "are motivational forces," Continue Reading...
Traditionally, researchers in various fields of study have generally limited investigations to their area of expertise. Social scientists attend to prescribed areas such as memory, deviance, and microeconomics. In addition, natural scientists restric Continue Reading...
Unemployment on Voter Turnout Rates in Britain's Elections In many countries where voting is a right but not compulsory, voter turnout levels have declined precipitously in recent years, causing a growing number of political scientists to examine t Continue Reading...
Labour Market Flexibility Causes and Consequences of Labour Market Flexibility The world has been going through dramatic changes for the past few decades. Uncountable inventions are made which influence not only the life of an individual but also t Continue Reading...
In developing countries, consumers are more affected for two reasons. One is that consumers are more likely to buy raw ingredients. Without manufacturing entities to absorb some of the commodity price increases, consumers are left to absorb almost Continue Reading...
Primarily, he is remembered for the contributions he made in the area of microeconomics (Simon, 1978). He created organizational decision-making, which was very significant, and the ideas that he came up with in that area are still known and accepte Continue Reading...
