When the market demand for dry bulk capsizes is high‚ carriers can demand higher spot charter rates. When market demand is low‚ carriers accept lower spot charter rates. Due to 63 new vessels scheduled for commission and imports of iron ore and coal projected to be stagnant‚ spot rate were anticipated to fall over the next two years. 2. What factors derive average daily hire rates? The daily hire rate is determined by supply and demand. Thus‚ we looked at the supply of capsize vessels
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Study Aide and TIPS for Module 1-Written Assignment 3 Rubric for grading: M1-Assignment 3 Grading Criteria | Maximum Points | Points Earned | Correctly constructed the supply and demand graph. It is recommended that you use the EXCEL study aide I posted to do this. | 12 | 12 | Answered questions 2-5 correctly‚ 15 points each. | 60 | 60 | Answered question 6 correctly. | 8 | 8 | Wrote in a clear‚ concise‚ and organized manner; demonstrated ethical scholarship in accurate representation
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The market supply and demand curve above shows the milk price support problem. In order to solve the milk surpluses in the market‚ the government should take the steps to increase the market demand to the milk products by exploring overseas markets. For instance‚ the government should export the milk surpluses abroad. This would cut the cost of storage for milk products and encourages the local dairy farmers continue in dairy business. b. The small dairy farmers would prefer the proposal 4
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Part 1: Suppose that the tin mining market is perfectly competitive. The market demand curve is given by D(P) = 300 – P‚ where D is measured in units per year‚ and P is measured in $ per units. There are many potential entrants into this market‚ all of whom have identical cost curves. These cost curves are summarized in Table 1 below: Table 1 Cost Curve Formula Maginal cost (in $ per unit) MC = 30. Fixed cost per year FC = 100. (Annualized) Capital charge CC = 100. Capacity (in units per year)
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surpassed the PC user base in India and very soon the Indian market will have more mobile users than TV viewers. The growing intensity of competition has led to more services for the end user at lower prices. This has had an effect of stimulating demand and thus increasing the category adoption rate. As more users have been added to the subscriber base‚ it has led to a further downward pressure on operator costs. This has led to further cost benefits to the end user‚ fuelling further
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elasticity of demand (PED) is the responsiveness of quantity demanded in relation to the price. Normally as price increases for an elastic good the quantity demanded will fall. This is affected by how many close substitutes there are for the good and if the good is a luxury good (jewelry) or a necessary good (food). If the price of a certain type of cheese increases‚ less will be demanded because there are many substitutes available such as other brands of cheese. The inelasticity of demand is applicable
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Aggregate Demand and Supply Model Economic Advisement With a nominal GDP estimated at more than 15 trillion it is clearly the United States economy is one of the largest in the world. A person must have lived in a cave underground for the past several years to not know that the current state of the nation’s economy is in desperate need of improvement. Many academic institutions have thought about how the economy arrived at its current state and how can it be restored. Some would advocate not using
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Nhi Huynh Professor John Voyer Due Date 09/18/2014 External Analysis Assignment Jamba Juice (JJ) was founded by Kirk Perron in 1990. It is now a chain of smoothie restaurants with over ten thousands stores in the United States. According to the PESTEL analysis technique‚ Political plays an important role of a business life. Nowadays‚ with the economy regression‚ Government has been tight up the budget of spending and got more taxation project to people. Tax is increasing
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acid (lemon juice‚ vinegar or citric acid). This is necessary to control botulinum bacteria. Acidity may be natural‚ as in most fruits‚ or added‚ as in pickled food. Low-acid canned foods are not acidic enough to prevent the growth of these bacteria. Acid foods contain enough acid to block their growth‚ or destroy them more rapidly when heated. The term "pH" is a measure of acidity; the lower its value‚ the more acid the food. The acidity level in foods can be increased by adding lemon juice‚ citric
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ISSUES As noted throughout this analysis‚ Jamba Juice has a number of organizational issues. Primarily‚ Jamba Juice mismanaged their rapid growth‚ which reduced their margins‚ increased their operating expenses‚ and stalled their cash inflows. Failure to instill any organizational culture of financial discipline allowed these problems to permeate throughout the company. The seasonal demand of smoothies was another issue‚ as it created downturns in revenue at certain times of the year. A lack of thoughtful
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