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Thread Prompt: In this forum, you must read one of the articles above or listen to one of the podcasts and provide a summary of the article or podcast in the opening paragraph. In your second paragraph, you must explain an economic idea contained in this story. This should relate to something from the text book reading. Specifically, note how the economic idea plays a prominent role in the story. In the third paragraph, you must explain what you think about the events in the story. You do not have to agree with what is going on, but you do need to provide your reaction to it. This is your chance to express yourself: what are your opinions? Be sure to defend your position. Finally, what do you think is a Christian response to this situation? Provide details to support your view (in other words, do not just say "Christians wouldn't act the same way as economists"). Remember, you are expected to have two sources to support your post.
Describe how we calculate the percentage decline in national income resulting from the misallocation of labor in a model of monopoly unionism.
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What are IKEA's key competitive advantages?
What are the fixed inputs, and which are variable and showing the Marginal Utility Per Dollar of each hamburger and Ice Cream
walmart is vilified by many people as being evil destroying jobs and cities. others note that it has the lowest
According to the first law of thermodynamics, the energy of the universe is constant. Does this mean that ?E is always equal to zero?
Six months later, the specimens are weighed. The results (in ounces) are given in the accompanying table. Do the data provide sufficient evidence to indicate that one (or more) of the temperatures tend(s) to produce larger weight increases than th..
What the law is, but state also what it should be; then tell why, and give some examples of implementation.
In the 1970s Congress imposed an "excess profits tax" on these companies. It did not do so this time? What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If "excess profits" a..
Some economists argue that it is possible to raise the standard of living by reducing population growth. As an economist interested in incentives rather than coercion, what kind of policy would you recommend to slow population growth
Two variable inputs, labor (L) and materials (M), are utilized to produce output. Company's current level of output: CL = $10 / unit, MPL = 25 CM = $2 / unit, MPM = 4 (!) Decide whether the firm is operating efficiently, given that its objective is t..
What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar?
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