You are welcome to ask questions on Economics. I am looking to explain economic principles / ideas/ recent developments in economics. Due to the volume of questions, I can no longer promise to answer. But, I will try if it meets below criteria.
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- I am looking to explain economic principles / ideas/ recent developments in economics.
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I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.
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1.what is the market equilibrium for fuel and car after war outbreak.
2.Assuming the elasticity demand for car is elastic, who will bear more of the taxes imposed-suppliers or consumers
Hi Olga
Like all countries, SME s play very important role in American economy.
Due to globalization , American SME have to compete with internal and externals companies.
First of all they should make lobby and approach to Govt. for help.
Second there should be coordination between SME of America. With this they can reduce compition between them & can reduce cost at some level.
All American SME should united to meet the challenges of globalization.
They should make a common roof . Alone they cannot save themselves from heavy rain.
Third, they have problem with cheap labor of eastern countries like China, India etc. If possible at small level they may think to outsource (although this is not good in employment aspect)
Fourth They should try to improve quality. Quality is an alternative to cost. Improved and better quality can help them to compete with Chinese and Indians. There are also many other things which are important.
Thanks
RAJ
economicsvision.blogspot.com
Recession decreases consumer spending. This creates a cycle which decreases demand and makes recession worse. Recession is decrease in GDP. Due to recession people will spend less and demand would be weakened. Due to this weak demand, industries will have to slow output. So there would be more unemployment and demand would go slow.
So recession has a direct relation with consumer spending. Business becomes less profitable . Now consumer spending in England is increasing.
I’ve calculated that the 2010 expected 1 year bond yield rates to be 1.744%, whereas the 2011 expected 1 year bond yield rates to be 1.38%.
Ignoring risk premiums, can I reject the statement that expected one-year rates have changed substantially, and why?
can you answer this please?
2.) Illustrating your answer with an aggregate demand and aggregate supply diagram, evaluate the likely effect of an increase in the fiscal deficit on the level of real output and on the price level. Refer to the multiplier effect in your answer
Ive got a simple question though I cant really get round it, this is what Ive got: If im told that my company washes clothes and Ive got a total cost of $20600 Average fixed cost of $8422.76 average variable cost of $ 12177.24 and average production of 101477Kgs to which total cost ascends to $0.203 and per Kg variable costs of $0.12 and I receive an offer of outsourcing for $0.20 per Kg, Id like to know first the point of equilibrium given this data, also the % of Utilization of the plant given the information above. and finally if production increased to 150000Kg per month and using even a part of the installed capacity not used, would this imply a deacrese in costs?
Thanks for your help