If we do not buy imported goods then they will not buy ours and without export revenue and foreign investments we would not be able to function financially. When exports increase so does the Gross Domestic Product (GDP). GDP is the dollar amount of all goods and services produced within the United States. When the GDP is high it signifies that our economy is healthy and stable. When companies can produce more due to demand they are able to hire more workers, which can lower the unemployment rate.
(6 pts.) What happens to bicycle demand? | | | Student Answer: | | There would be an decrease in supply since it would cost more to make the bikes, which would also cause a shift to the left on a supply curve. There would be no change for demand since the producer cost is not a factor for demand. | | Instructor Explanation: | Since a change in costs to produce the product is a supply factor, an increase in costs would be expected to decrease bicycle supply.
Alot of studies into health inequalities rely on morality, death, and morbidity, illness, data. The results are usually presented in rates as this is less crude and it creates a more meaningful study. Poorer areas will only have small corner shops as large supermarkets won't build in areas that won't be able to afford the upkeep of the shop. This will mean there are more little corner shops with higher prices just because the shopkeepers know that they can charge higher as the community prefer not to travel to get their weekly shopping. The conditions people live in contribute to the health of a person.
Week 3 Case Assignment Analyzing Managerial Decisions iTunes Music Pricing Ch.7 Torrez Moore July 22, 2013 St. Leo University: MBA 540 Analysis Apple’s sales revenue from it’s downloads will increase not just because of the pricing adjustments with their flat pricing price but also the flexibility pricing will definitely increase with the old tracks being priced at a low cost. This will supplement for fewer sales on the new or popular tracks but statics show the older tracks will definitely increase. The increase in revenue from old tracks will supplement for the shortfall on the sale of the new tracks then the less popular and old tracks will balance the load because of increased revenue. Apple’s Computer iTunes Music Store
Not enough money and too much stress lowers the quality of life that people have, and their standards of living also drop, as they are forced to get by with cheap, low-quality items (Nickels, McHugh & McHugh, 2010). Walmart has changed how the retailer and the manufacturer negotiate prices. The manufacturer used to be the one to tell the retailer, "I can make this for you for this much." But Walmart has become so big, so important, that now they
A merger would best be used in this situation since it will help lower his taxable income and he can improve his operations and competitiveness. If he feels that the investment in new manufacturing equipment will help increase profits and can take on the extra liability, then he should buy Smithon. His debt –to-equity ratio will rise and may cause him to have a hard time getting money to finance his company. But with a two year loss he is keeping his taxable income down and may be able to show investors that things are going to turn around when all operations are working together and
Businesses also suffer when massive layoffs occur. When spending by households decreases, incomes decrease for the businesses. Governments are not immune from the effects of massive layoffs of employees either. When households spend less, and businesses are selling less, there is less sales tax to be collected by the government. Also, when employees are laid off there is less income tax to be collected and to make things even worse, former employees can collect unemployment benefits from the government.
This happened with General Motors, where other countries required a lower minimum wage, allowing General Motors to collect more profit. The main question is, should the corporations act with humility, or solely for self-interest? Naturally this economic question isn't simple; there are many factors one needs to take into consideration. After General Motors moved their factories to other countries, the prices of cars went down because it cost less to make them. While some Americans were unemployed because of the corporations' move, the general population was benefiting from lower prices.
For instance, they may be able to start up with a new idea. | During recession, Innocent’s confidence will get low as people aren’t demanding for their products as they demanded before. This leads Innocent to cut down on production because they no longer need to make many goods as they used to. Because people are not buying as many products so their sales will decrease. By this time, Innocent might struggle to pay wages so they need cut down staffs as they no longer need them.
Another reason people like to defend Wal-Mart is because they have better prices than most everyone else which is easier on peoples wallets. Wal-Mart has become such a household name that most people will shop there without checking out other business when they realistically could be spending a little extra pocket change and helping their economy and help control this giant corporation. The savings people get are on account of cheap foreign goods that aren’t as good as American goods and people don’t realize it because they just remember the good deals. In my opinion there aren’t any other reasons to defend