SophiaPretty

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About SophiaPretty

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 4 Days Ago
Questions Answered: 15833
Tutorials Posted: 15827

Education

  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

Experience

  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 15 Jul 2017 My Price 6.00

1. Briefly explain the resources used as inputs to produce output, and provide an example of each resource.

1. Briefly explain the resources used as inputs to produce output, and provide an example of each resource.

 

https://www.youtube.com/watch?v=j9OtQv5eH4w

2. Watch the following news video above this box.

This video clip examines supply and demand of oil. Please discuss the impacts that oil prices have on the economy . What happens when to oil prices when the economy slows versus when it is growing?

 

3. Consider products that you use in your everyday life. Provide an explanation and at least one example of a normal good, an inferior good, substitutes, and complements.

 

4. Explain why an increase in quantity supplied is not the same as an increase in supply. Which of these would be associated with a rightward shift in the supply curve? What non-price determinants could lead to a shift in the supply curve? Which would be associated with a movement up the supply curve?

 

5. Consider the following scenario and state the expected change in the supply or demand curve. You should note whether the scenario indicates a shift of the curve or movement along the curve.

Scenario: You are a supplier of widgets. The technology that is available to produce your product suddenly improves.

 

please include references

Answers

(5)
Status NEW Posted 15 Jul 2017 12:07 PM My Price 6.00

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