Economics - April 2007

Farmers have a relatively inelastic demand for their crops. Suppose there is a bumper crop year (an unusually large harvest). Will farmers be happy or sad about the news there has been an unusually large amount of their crop produced this year? Why?"

2007-04-11 07:01:14 · 8 answers · asked by La Flaca 4

Suppose, in deciding what price to set for its latest animated movie, Disney decided to charge either $14.95 or $12.95 for a video or DVD. They estimated the demand for these videos or DVDs to be quite elastic. What price did it choose and why?

2007-04-11 06:59:54 · 5 answers · asked by La Flaca 4

2007-04-11 06:29:18 · 3 answers · asked by ScientificallyClueless 1

what were the ideas of non-keynesian economists? how did they explain the depression?
how does it deffer from keyne's explanation?

2007-04-11 06:10:46 · 1 answers · asked by shanukasenarath 1

Meanwhile, the poor just take handouts from the government.

2007-04-11 05:22:32 · 5 answers · asked by Reganomics 3

how many serfs were there in the middle ages????

2007-04-11 04:04:19 · 2 answers · asked by ally p 1

I have been offered some land with a massive forest on it and i'm thinking if i could sell the carbon credits etc. and then my job could be counting my money - a very environmentally friendly activity i think you would agree!

2007-04-10 23:58:41 · 2 answers · asked by jon d 2

2007-04-10 21:06:10 · 3 answers · asked by quackerjackets 1

Market Analysis: Choose a market with which you are familiar. In detail, list the determinants of demand and supply that are specific to that market.

What is the most significant market shock (change in supply or demand) that has occurred recently? What caused it. Please be sure to address pricing in that particular market.

2007-04-10 14:21:24 · 3 answers · asked by anonymous 3

2007-04-10 13:06:09 · 5 answers · asked by suvash k 2

2007-04-10 11:17:53 · 3 answers · asked by Pamela C 1

Although I was an economics major in college, I can't figure out how the Czechs seem to artificially keep prices high here in Prague. A typical salary here is often only $800 - $1,000 a month, but a normal size bottle of coke, it is $1.50, higher than in the U.S. Clothes cost a fortune, way more than in U.S. Average casual shoes are $100 or more.

Even small, depressing apartments are grossly over priced. A tiny, two bedroom apartment (75 sq. meters) that is a 15 -20 minute tram ride from the center can cost $1,000 - $1,400 per month. It doesn't make any sense.

People tell me they are just catering to tourists, but I am looking at the same apartments a Czech citizen would. The prices are ridiculous. If someone has a rental property, they won't sell it because they can make so much.

How are they keeping the prices artificially elevated? There is not a shortage of housing here. Some apartments stay vacant many months, but the owners won't discount them.

2007-04-10 11:16:10 · 6 answers · asked by pachl@sbcglobal.net 7

Is it bad for the USA that the US dollar is weak? What is the likelihood that the dollar will get stronger soon?

2007-04-10 07:41:48 · 6 answers · asked by pomosimulacrum 2

People without children do not use the public education system, other than their childhood which was taxed of their parents ( and is fair because the PARENTS should be responsible).... those without children who also earn their way without welfare consequently leave those resources intact, and should only pay taxes for what is neccessary to non-parents... highways, military defense and government employee wages to keep our country safe (Police, Fire, Administrative). We need to reward those without children with a tax incentive to promote restraint...thus lessening the burden of an overcrowded, resource-draining population exploding at the seams. Your opinions on a tax break for non-parents.?

2007-04-10 05:03:51 · 12 answers · asked by Mizz SJG 7

http://www.lessonsite.com/AuroraImages/Economics101/Proficiency/LSSFootBalGraphic.gif

The U.S. Population is represented along the length of the football field above, arranged in order of income. Median U.S. family income (the family at the 50-yard line) is $40,000, or a stack of $100 bills 1.6 inches high. The family on the 95 yard line earns about $100,000 per year, or a stack of bills 4 inches high. At the 99 yard line, the income is about $300,000, or a stack of $100 dollar bills about 1 foot high. The curve reaches $1 million-- a tack 40 inches high-- one foot from the goal line.

* What does this graphic representation imply about the distribution of wealth in our economy?
* What changes would be required in order to more evenly distribute wealth? Would any of these changes entail changing the entire governmental or economic system?

2007-04-10 03:32:20 · 1 answers · asked by Vienna 3

2007-04-10 02:56:01 · 10 answers · asked by Anonymous

is a research question , has no options

2007-04-10 01:56:35 · 3 answers · asked by shuaib u 1

Can someone please explain why the USA allows them to export these automobiles here, it seems like they are just going to line Kim Jong Il's pockets.

2007-04-09 22:00:52 · 5 answers · asked by Anonymous

2007-04-09 19:38:07 · 6 answers · asked by E-4 2

2007-04-09 11:15:32 · 1 answers · asked by Logan M 1

If we sent most of the illegal aliens back to where they came from would we not use less and cause the price of things as the different types of gas (natural and gasoline) to come down? Would price of other goods you buy at the store also come down because of the lower demand?

2007-04-09 09:34:26 · 1 answers · asked by ronnny 7

Do you agree with the following statement? “If you
like tacos, you should consume as many as you
can.”

2007-04-09 08:59:00 · 2 answers · asked by La Flaca 4

2007-04-09 08:23:40 · 6 answers · asked by Giggly Giraffe 7

2007-04-09 06:07:48 · 4 answers · asked by Giggly Giraffe 7

2007-04-09 03:00:48 · 3 answers · asked by Anonymous

IN AMERICA, THERE IS MORE INDUSTRIAL DEVELOPEMENT AND THE COUNTRY IS VAST. IN INDIA THE COUNTRY IS NOT SO VAST AS AMERICA. IF THE ANSWER IS THAT THEY ARE MORE DEVELOPED SO WHY AREN'T WE?

2007-04-08 23:41:59 · 9 answers · asked by srushti 2

2007-04-08 22:14:35 · 1 answers · asked by nasir s 1

And why do we still need them?

2007-04-08 22:12:16 · 6 answers · asked by Anonymous

Give the points to dicuss hoe removal of trade barriers reduce poverty

2007-04-08 20:57:47 · 1 answers · asked by sia n 1

2007-04-08 19:24:18 · 6 answers · asked by NORAZLIN BT NOOR AZMAN 1