A rise in oil prices would also directly affect business performance as oil is a cost of production to firms, especially to those which produce oil related products, hence reducing profits and limiting the amount of money that firms can reinvest. All of this would result in a fall in real output from Y1 to Y2, representing a fall in economic growth. One could say that a fivefold increase in
Davis service group is affected by the Economic indicators that affects their business. Such as Provides employment- it would be booming, because people would have money to spend, affect the general environment within the area. This would enable to generate enough income into their business because they are able to expand their organisation within local and residential areas and also generate more employment and workers within their organisation. Inflation: Inflation is measured by looking at collective goods that customers buys from the organisation each month. Inflation can have a bad impact on Davis service group through many problems such as because their customers wouldn’t want to spend income on goods in their business because the pricing of goods would be high.
Target’s performance was affected by the global financial crisis that hit the world during that time. The crisis caused a fall in GDP and massive unemployment. This affected the buying habits of customers who then preferred to buy from Wal-Mart due to their legacy as a low-cost discounting store. Wal-Mart, Target’s main competitor, was attracting more customers because of its low-cost selling strategy. Consumption patterns were all of a sudden frugal; this made Target lose many customers since it was perceived as a luxury store.
The decline is significant because it is a measure of operational productivity. In the case of Leon’s Furniture, some of the decrease may be attributable to the economic decline and the accompanying reduction of construction and home improvement expenditures. The current economic client and comparable store sales figures will force Leon’s Furniture to increase its focus on finding a merchandise mix that attracts more customers. All of Leon’s stores are scattered distribution, if people want to buy any Leon’s products they need cross half town or even more to get there, and it is not convenient for people who want to go to Leon’s. It is too far and inconvenient for them to get to the store and buy.
To begin with, raising the tax will bring in more money to the government from since demand is inelastic for cigarettes and people will keep on buying them. The extra amount of income could be used to help the well being of the country and to provide more public goods. Also, cigarettes are a demerit good, a good which is considered unhealthy or damaging in some and can be physically harmful to the consumer and other surrounding, so when price increases, demand will fall. Even if it is a small fall in demand, it is most likely to be for the young smokers to demand since they have less income than adults. If more young smokers quit, the healthier the next generations will be since smoking is a main reason behind a lot of health issues including lung
Would the jobs lost in the closing be the only effect? Explain. The closing of the Coca cola industry would affect the town’s economy because this jobs needs more and more employees so in one way it would affect the people too and another way is that people won’t get the benefit that they were getting, and it would also ruin other business. No the jobs will not be the only problem because of the closing it would also affect people, industries, business, and more.  Give an example, not from the text, of an industry that is likely to locate close to inputs and explain.
US industries were producing more goods then it could sell, this is bad because if the people are not buying goods it becomes useless and people needed to but them so that the economy grows but instead people didn’t buy because they had them already, therefore it was wasteful as no one wanted to buy, so it decreased the wealth of the economy. The most important reasons why the Wall Street crash happened were; the speculation ‘on the margin’, this was important because buying shares with a banks money and not being able to repay
Although raising the minimum wage would not affect corporate industries and members of the upper class it would be very detrimental to small businesses and members of the lower middle class. Many people who are not economically educated would believe this is a good idea, but it would affect many people who are barely making it on minimum wage. Raising the minimum wage would cause many people to lose their jobs, especially teenagers. It may also cause many businesses to close down. Most Americans worked a minimum wage job when they were teenagers to earn enough spending money.
These “illegal immigrants” come to this country looking for a better life, not knowing that they affect the citizens. I believe that legalizing illegal immigration is a drawback to the U.S. because it affects the U.S. economy, increases crime, and fewer job opportunities for the American citizens, although the illegal immigrants benefit from this. Firstly, with illegal immigration being legalized in our country, our economy will suffer the consequences. For instance, “according to a review of U.S. Bureau of Labor Statistics and Census Bureau date, legal and illegal immigrants gained over a million additional jobs between 2008 and 2010 even as millions of American citizens were losing their jobs during that same period” (Michael). These illegal immigrants bring their children to this country so they can have a better education, but our “America’s schools lose funds teaching kids of illegal immigrants” (Masters).
Any additional raise of minimum wage would totally jeopardize the everyday lives of all Americans. The fewer jobs available, because of the pay hike, will mainly be the cause of the lower class workers’ unemployment. Simply, the minimum wage debate is a touchy subject among many economists and political figures. There are an immense amount of arguments toward the good and bad aspects of minimum wage, but one incontrovertible fact is that a minimum wage elevation causes loss for businesses, as well as, working people. The larger businesses try to make things seem more at ease than they truly are.