a) The price of natural gas‚ a resource used by manufacturers throughout the United States‚ doubles. Price increases because‚ the companies that sell the spiral notebooks need to mark up their price in order to keep afloat with the rising cost of natural gas. Demand is not affected. The determinant for demand on the TRIBE chart in this scenario would be related goods and services‚ since the price for a good that is used to produce spiral notebooks is increasing‚ thus leading to an increase in the
Premium Supply and demand Consumer theory
Macroeconomics Exam 1 Instructor: Prof. Phelps Name: Results: Class: Period: Date: Read each question carefully then circle the correct answer. When you are finished transfer the answers to the Scantron sheet. Make sure that you enter your name on both the exam and the scantron sheet. You have 1 hour to complete the exam. 1. For economists‚ the word "utility" means: a) versatility and flexibility. b) rationality. c) pleasure or satisfaction.** d) purposefulness
Premium Supply and demand Consumer theory Economics
1. From the definition of GDP we arrive at the following expression: c + i + g + x-m = y = c + s + t Discuss the three important economic relationships that can be derived from this expression related to the definition of GDP and explain each carefully. The expression above depicts two different ways to come up with real GDP for a country. The left side of the expression explains expenditure side of computing real GDP which can be rewritten as: y = c + i + g +x – m In real terms‚ it could
Premium Investment Macroeconomics
Starbucks Macro-Environmental Analysis Starbucks is very well positioned to take advantage of sustained income due to a variety of strategic macro-environmental variables affecting its performance. Starbucks stage is the entire world‚ therefore must take into consideration the local countries current technological‚ economic‚ cultural‚ and political/legal environment‚ but also the interplay between countries as well. Starbucks cannot simply adapt completely policies and marketing
Premium North America Coffee Wi-Fi
TRUETT CATHY’S FIVE–STEP RECIPE FOR BUSINESS SUCCESS Chick-fil-A‚ the second-largest quick-service chicken restaurant chain in the country‚ gives all employees Sunday off to spend with family‚ to relax and to express their faith if they choose to do so. Yet‚ Chick-fil-A generates more sales in six days than most national chains produce in seven. Closing on Sunday is just one of the “principles before profits” ingredients in founder Truett Cathy’s inspiring recipe-for-success. Following – in his
Premium Chick-fil-A
is why I included it in the recipe; you may also add kaong and nata de coco if desired. I also topped each serving with vanilla ice cream to make it more rich and heavenly. This recipe is good for 2 persons; feel free to double or triple the ingredients to serve more people. For those who want to use fresh pandan leaves‚ try boiling 3 leaves in 2 cups of water. The liquid derived from this should replace the water and buko pandan flavoring. Buko Pandan Recipe Ingredients 1 1/2 cup young
Premium Milk Coconut Cooking
Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. One of the evidence about this is the article ’Optus hit with $5 million fine’ which was published in The Age of the July 8‚ 2011‚ it identify and explain the impacts and affects this
Free Mass media Advertising
What is the macro gross anatomy? The macro gross anatomy is the study of organisms with the naked eye. What is the skeletal system? The skeletal system is a very important part of the human body this consists of 206 bones‚ which together with different structures make the joints of the system. Within the skeletal system the structures present are the cartilage‚ bone tissues‚ fibrous connective tissues which form the ligaments of the bones Scanlon and Sanders‚ pp.122‚ 2014). The skeletal system
Premium Bone Skeletal system Muscle
I. Title The Feasibility of Chili and Kamias as Mosquito Killer II. Rationale The title has been selected for the study because mosquito bites are common here in the Philippines and it’s the cause of dengue. A total of 54‚659 dengue cases were reported nationwide from January 1 to August 14‚ 2010‚ much higher than the recorded 31‚248 cases in the same period in 2009 and there’s not much difference in dengue cases from 2010 and as of now. The main purpose for this is to test the effectiveness
Premium Mosquito Fruit Malaria
French Macaron Recipe Ingredients 4 large egg whites (or 5 small – 140g) 1/3 cup caster sugar (70g) 1 1/2 cups icing sugar (230g) 1 cup almond meal (120g) 2g salt (tiny pinch) gel food colouring (optional) (note cup measurements are metric cups where 1 cup=250ml in the USA some cups use customary units and 1 cup = 236ml if that is the case use scales to measure the weight). Macaron Recipe Directions Preheat the oven to 150 degrees C Place egg whites and cater sugar in a bowl and mix with
Premium United States customary units Baking Food