integration of the globe into the international economy through international trade‚ FDI‚ FPI‚ and immigration. The decline in barriers between the countries for international trade and investment has made all countries interdependent. Globalization offers an opportunity for a business to develop their trade all over the globe. Globalisation not only gives an opportunity to the businesses but also to the people by creating more jobs and giving the national economy an edge by investing on the national resources
Premium Economics United States International trade
Tu oi‚ minh co 2 bai Quiz 4 day. Quiz 3 thi de minh tim da nhe‚ hinh nhu khong luu thi phai. Linh Question 1 10 out of 10 points A monopoly will usually produce Answer Selected Answer: where its demand curve is elastic. Correct Answer: where its demand curve is elastic. Question 2 10 out of 10 points Suppose a firm is currently maximizing its profits (i.e.‚ following the MR=MC rule). Assuming that it wants to continue maximizing its profits‚ if its fixed costs increase
Premium Economics Costs Perfect competition
Therefore‚ you know the following for the period January 1 to April 15‚ 2004: Revenues $500‚000 GM (% of revenues) 25% Direct materials purchased $170‚800 Direct Materials‚ 1/1/2004 $21‚000 Work-in-Process‚ 1/1/2004 $17‚000 Finished Goods‚ 1/1/2004 $7‚000 Conversion Costs $244‚200 Cost of Goods Avail. for sale $386‚000 Conversion costs equal 60% of total mfg. cost during the period. What was the cost of Finished Goods inventory destroyed? What was the cost
Premium Variable cost Costs Fixed cost
ECONOMICS ASSIGNMENT: THE BUSINESS ENVIRONMENT ECONOMICS ASSIGNMENT: THE BUSINESS ENVIRONMENT Compiled by SYNDICATE 8 [ALPHAS] Denishree Naidoo Marcus Gericke Adrian Pillay Tumi Mdudli Tina Sefotlhelo • Ontiretse Modise • • • • • ECONOMICS ASSIGNMENT : THE BUSINESS ENVIRONMENT TABLE OF CONTENTS 1. INTRODUCTION:......................................................................................................................................................1 2. FACTORS INFLUENCING
Premium Foreign exchange market Balance of payments South Africa
Assignment 7-1 What causes an economic downturn? What causes an economic downturn? An economic downturn defines as the economy being in recession‚ which is a period of time that economic‚ won’t grow or even falling. The definition of an economic downturn is less strict than recession. In the economic downturn period‚ the growth rate will slow down. We can see the house prices falling down and a lot of people lose their jobs. There are some features of an economic downturn: First‚ the economic grow negatively;
Premium Inflation Unemployment Recession
level is now record high at 55%. According to the article‚ the economy has dived into a recession causing many workers to lose their jobs (Ainger‚ 2013).It is statistically proven that suicide rates are directly related to unemployment (Pritchard‚ 2014). Comparing mortality rates‚ it can be seen that rates are higher among unemployed young men and woman as to those who are employed (Hammarström‚ 2002). In this particular essay‚ we will discuss the issue of unemployment in Spain‚ the types of unemployment
Free Unemployment
|Definition of ’Positive Economics’ | |The study of economics based on objective analysis. Most economists today focus on positive economic analysis‚ which uses what is and what has been occurring in | |an economy as the basis for any statements about the future. Positive economics stands in contrast to normative economics‚ which uses value judgments. | |Investopedia
Premium Economics Minimum wage Unemployment
Economic Consumer Economic consumer is a skilled optimizer: an asocial hermit of fixed and pre-determined tastes‚ which he knows in details. And his behavior is not‚ apparently‚ influenced by others; given the same products‚ prices and income‚ he would never vary consumption. (G.M. Peter Swan 2009) Economic consumer will welcome cost-reducing process innovation and product innovations that increase a sought-after feature of a good‚ except the new characteristics which he never needed. ① What
Premium Apple Inc. App Store Mobile phone
Solved Assignments | Past Papers | Online Lectures | Handouts | Guess Papers | Books Economic Analysis MBA / MPA Solved Assinment No 2 Topic No 1 Helping Material Many scientists believe that we are rapidly depleting our natural resources. Assume that there are only two inputs (labour and natural resources) producing two goods (musical concerts and gasoline) with no improvement in society over time. Show what would happen to the PPF over time as natural resources are exhausts. How would invention
Premium Economics Inflation Supply and demand
Business and Economics of Sports 3304HSL Semester 1‚ 2013 While sports leagues appear to be necessary for the delivery of competitive matches and seasons‚ they often actually function to maximise profits for team owners. What should governments do to ensure that the interests of all stakeholders are protected without jeopardizing the competitive environment established by leagues? Johan Jurland
Premium Premier League Promotion and relegation