2. Should they try to get a price higher than $40 per ton to improve profits? Why, or why not? Yes, they should try to get a price higher than $40 per ton to maximize the profit. As the variable cost is too high as we increase the production.
Ratchet Effect A. World Food Bank: moves wealth from rich to poor countries B. Goal: for a population to equilibrate below the carrying capacity C. Natural: go beyond carrying capacity: diebacks D. If a poor nation can declare an “emergency” and receive food, a population escalator is formed; eventually the system collapses E. Benign demographic transition: unrealistic 1. GNP rises, birth rate will fall 2. GNP is rising everywhere 3.
Growing global demand for energy coupled with tight worldwide supply of crude and hydro-carbon products will likely mean price volatility going forward, despite the current recession of economy. At the same time, the industry faces the rapid decline of mature assets. Authorities estimate that more than 80% of the world’s
Market of agricultural export products (meat, wheat etc) had declined sharply in min 1995 while the US dollar appreciated abruptly against other major currencies. This combination increases the debt to
Be sure you understand this. 3. The price of fertilizer used in the production of wheat declines. a. In the short run, what happens to the supply of wheat?
a. Companies’ production opportunities decline, leading to a decline in the demand for funds. b. Households save a larger portion of their income. c. Households increase the amount of money they borrow from their local banks. d. Statements a and b are correct.
First, when demand is greater than supply the gas prices rise; if it costs more to produce and supply it or if people buy more of it at the current price. On the other hand, when supply becomes greater than demand the gas prices fall; if it costs less to produce and supply or people buy less gas at the current price. When the price where the quantity consumers demand matches the quantity that producers supply the prices will stop rising or falling and become steady. Second, how high or low the price of gas is will be determined by how the consumers and producers respond to these price changes. The most important factor in the price of gasoline in the U.S. is the worldwide supply, demand and competition for crude oil.
With inflation the price of products go up. It makes saving harder 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences.
Sub-Saharan African countries experienced a decade of falling per capita incomes, increasing hunger and accelerating ecological degradation. This condition has therefore led to the government of these countries to undertake reforms (World Bank 1989). Weak agricultural growth has been one of the factors that led to the crisis in Sub-Saharan African countries. This decline in agricultural growth has been caused as a result of drought. The rate of population growth in most Sub-Saharan African countries was so high that domestic demand for food could not match the supply, this therefore led to widespread of hunger, decline in the exportation of agricultural produce and the fall of the market share of Africa’s major export (World Bank 1989).
The climate change will result in a loss in the country’s economy, especially those countries whose major incomes are from agriculture. Agricultural industry takes a major part of the Australia economy and the life-blood of regional Australia. However, due to the drought in 2002-03 the gross value of agricultural production fell by 19% (around $32 billion) and reduce the GDP by around 1%. Because of the reduction in the agricultural products, the price of these products will be higher and cause a series of problems. The climate change has different impacts in different areas.