Develop homes in suburban area

Assignment Help Microeconomics
Reference no: EM13726844

1) I have always felt that way about the cost of living in certain places. People love to say that the south pays less than most other areas but the cost of living is less than the places where they pay more so it balances itself out in the long run. But within the past three years I not see a trend that I did not think I would see in Atlanta where there are more apartments going up than homes in Atlanta. That trend shows a scarcity of land to develop new communities in the metro area which is not good. There is also a new trend of builders tearing down older homes in well-established communities and building newer larger homes. Do you think local communities should stop builders from changing the look of established communities?

Should they be forced to develop homes in suburban area? Reply (60-100 words):

2) Do you think that in some of the locations where the items are higher they are taking advantage of supply and demand? I was on a cruise and talked to one of the crew members and they talked about the same thing. Because the are based on the same ship for such long periods of time they sometimes have to shop for items where the ship docks and the people who operate the local stores know that some basic household supplies will sale but can charge more because of the demand for the items. do you think there should be a cap on what companies can charge for some items even in places where those items are scarce?

Reply (60-100 words):

3) The personal example I have witness of inflation is purchasing groceries at the grocery store. Everyday items such as eggs, milk, cheese and bread took the biggest hits and they were hit the first. The word was that the reason for the inflation was because of the increase the cost of transportation but later it was said it was due to the increase of cost to producing the item. Has part of the reason why the prices of commodities have risen relates to rising fuel prices? Reply (60-100 words):

Reference no: EM13726844

Questions Cloud

Global competition on the decisions made by management : New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity inyour industry or one with which you are familiar-horizontal, vertical, or conglomerate-and explain ..
What affect could this case have on your worksite : Explain in a paper what you have learned about worksite protection for employees to address the following: What affect could this case have on your worksite
What economic effects of government programs for urban : What have been the economic and social effects of governmental programs for urban redevelopment? What has been the cultural significance of changes in the urban and regional system?
Find was there a binding agreement between quanta and lg : Your management team sees a number of similarities between your company operations and various aspects of the LG Electronics case(attached). Was there a binding agreement between Quanta and LG
Develop homes in suburban area : Should they be forced to develop homes in suburban area - Has part of the reason why the prices of commodities have risen relates to rising fuel prices?
Was an ethical choice or simply a good public relations mov : After Jack Welch's retirement package was made public he quickly decided t give it all up. Was that an ethical choice or simply a good Public Relations Mov
All debt securities in the economy : The disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability - lead to higher interest rates on all debt securities in the economy
Case study on phionia''s finicky feline gourmet cat dinners : Case study from Katz and Green's Entrepreneurial Small Business (2011): Phionia's Finicky Feline Gourmet Cat Dinners. Comment on the viability of this business and the advisability of the investor making a $50,000 investment to get it started.
Create a mini-proposal : Create a "mini-proposal" which outlines a research project focused on a specific problem (ideally employee turnover) or question and utilizes a specific qualitative method (either use case study or mixed method)

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd