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Write a paper of no more than 1,050 words that explains the basic concepts of economics in the context of a single type of energy: oil, gas, electric, hydro, wind, solar, or nuclear energy. Explain how your selected energy type is affected by trends in global markets. Address specifically the issues of scarcity, determinants of demand and supply, market outcome, equilibrium, and elasticity.
Summarize the following in your paper:
How does the assessment vary between renewable or nonrenewable energy types? Why or why not? Keep in mind the concepts of scarcity or nonrenewable opportunity costs and incremental decision-making by producers and consumers as you distinguish between renewable and nonrenewable energy.
The German Chancellor Merkel stated that Europe is facing the biggest difficulty since WW2. Why? Determine the nature of this trouble?
Evaluate the relationship between the European Euro crisis in 2012 and the American economy. Assess how this affects American businesses and decisions made by mangers related to sustainable profitability. Provide examples with your response.
How do you think the increase in savings affected overall consumption Since, on average, 70% economic activity in the United States is based on consumers purchasing goods and services for consumption
In the U.S. computer industry, many imported inputs come from East Asia. The following question focuses on the relationship between the U.S. and Indonesia. Suppose the U.S. dollar has recently appreciated relative to the Indonesian rupiah.
A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won't buy it because they don't like the taste. From an economic perspective, the company should:
Suppose that in the beginning of the year, the exchange rate between US-dollar and the euro is exactly 2 $/EURO. At that time, a one-year US treasury bill yield an interest rate of 5%, while a similar German treasury bill yield 3%.
Determine the policies that Keynes and Hayek advocated regarding how federal government should manage the economy. Discuss the major differences between each school of thought?
Explain why this is puzzling. How can the puzzle be resolved, if at all? What are the main alternative approaches? Discuss briefly the advantages and disadvantages of each.
Many companies grant stocks or stock options to the managers. Discuss the benefits and possible costs of using this kind of incentive compensation scheme.
A monopoly sells its good in the U.S. and Japanese markets. The American inverse demand function is pA=100-Qa, and the Japanese inverse demand function is p1=80-2QJ, where both prices, pA and pJ, are measured in dollars.
Research the international business activities controlled in one specific emerging market through a well known multinational firm or a multinational organization you know well.
What is the effect on the economic well-being of a nation when a tariff is imposed Consult a newspaper and identify an industry where there currently is a tariff. please provide the source. What is the effect of this tariff on the U.S. economy
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