What happen when south africa is world primary supplier

Assignment Help Business Economics
Reference no: EM1352541

Suppose that the market for engagement rings is in equilibrium. Then political unrest in South Africa shuts down the diamond mines there. South Africa is the world's primary supplier of diamonds. What will happen?

Reference no: EM1352541

Questions Cloud

Find the y coordinate of the systems center of mass : Two charged bodies exert a force of .145N on each other. If they are now moved so they are one fourth as far apart, what force is exerted.
List out three problems of decentralized power : List out three problems of decentralized power that existed under the articles of Confederation . For Each problem you listed, identify one solution that the Constitution provided to adress the problem.
Influences of environmental deprivation : Discuss the influences of environmental deprivation, deafness, and neurological disruption on language acquisition, production, and comprehension.
Determine net investment : Syracuse Roadbuilding Corporation is planning the purchase of a new tandem box dump truck. The truck costs $95,000, and an additional $5,000 is needed to paint it with the firm logo and install radio equipment.
What happen when south africa is world primary supplier : Suppose that the market for engagement rings is in equilibrium. Then political unrest in South Africa shuts down the diamond mines there. South Africa is the world's primary supplier of diamonds. What will happen.
Explaining process of making changes as recursive : You can view the process of making changes as recursive. You first see if any dollars are required, subtract them from the total, and then make change for what remains. Complete the LISP program to achieve the above requirements.
Language-learning model of either chomsky or skinner : Does the sequence support the language-learning model of either Chomsky or Skinner? Why or why not? [two references required]
Explain what provisions for liability insurance agreement : Explain What provisions (distinct parts) should always be included in a professional liability insurance agreement?
Show design of an organization : What signs might be present that a manager may be able to see whether there is a problem with the design of an organization and is changing the existing organization a different task from designing a brand new structure?

Reviews

Write a Review

Business Economics Questions & Answers

  Smoothie plus travel cost

Each customer purchases their smoothie at the store where the total cost, i.e. price of smoothie plus travel cost, is the lowest.

  Assuming that the income effect is negligible

Assuming that the income effect is negligible, how much will he be hurt if the cost of strawberries goes from $1 a pint to $2 a pint.

  What is the four industry concentration ratio

Illustrate what is the four industry concentration ratio of the hamburger organization in this town.

  Illustrate what does this imply about the effectiveness

Illustrate what does this imply about the effectiveness of monetary and fiscal policy to reduce the unemployment rate.

  Two characteristics of public goods

What are the two characteristics of public goods. Is U.S. border control a public good or a private good.

  Theory that changing the oil

How to design an experiment to test the theory that changing the oil of the new backhoes and forklifts will reduce repairs.

  A farmer owns a plot of ground also sells

A farmer owns a plot of ground also sells the right to pump crude oil from his land to a crude oil producer.

  Explain impact of mcdonald new launch

Explain do you think McDonald's new launch will have a sustainable impact on its bottom line.

  Market supplied by a small number of large firms

Explicate why the cost structure associated with many kinds of information goods also services might imply a market supplied by a small number of large firms.

  What values of py will bob buy only x

Bob consumes two commodities: x and y. For what values of py will Bob buy y, and for what values of py will Bob buy only x?

  Activities affects government

Describe how each of these activities affects government, households, and businesses. Illustrate flow of capital starting from one entity to another for each activity.

  How much profit does an individual producer make

Elucidate how much profit does an individual producer make in a month. Is this a long-run equilibrium.

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