Aggregate supply

and is expected to soar to 812,000 by 2035” (Krieger Paragraph 6). Drought affects residents of California , including residents of the Coachella Valley, in many ways that cause the state to take initiative for their water districts to have water supply. Tourism also affects water usage throughout the Coachella Valley; there is an increase in water use when it is…

2.10 Andrew and I considering the absolute advantage, when we should be thinking about the comparative advantage. Just because Andrew can sell Colts memorabilia better than anyone, and I can clean faster than anyone in my office, that is telling us that we have the absolute advantage, but not necessarily the comparative advantage. To have the greatest success, we should always do what we have the comparative advantage for because it means it will have the lowest opportunity cost, and therefore…

difference between marginal cost and average total cost? The distinctive between marginal cost and normal average total is that marginal cost is the adjustment in absolute cost emerging from the creation of extra units of output. Also, total cost is the aggregate of fixed and variable expenses 8. What was the most important concept presented in this video? Using your own words explain why you feel this way. The most important concept presented in this video is basically the difference between…

Imohiosen Longe 213737465 1) What does Heilbroner mean by the economic problem ? Robert Heilbroner believed that economics is essentially the study of a process we find in all human societies. In addition to that, Heilbroner believed that the economic problem was simply the process of providing for the material well being of the society. Heilbroner was able to bring light to the idea that we ourselves as humans are the major source of our economic problems and not nature. Although nature might…

There are many people who made differences in Agena, which was a small village in Ethiopia; however, Jemal Hussen, who was born in 1917 and died in 1984 made big differences than the others. He changed for his community in several ways. Jemal was the richest person in the village, so he built toilets and water lines. First, he built the first free public toilets in 1973. In Agena, Ethiopia, using toilet cost 0.50 Ethiopian cents, which was 0.10 American cents. Some people who could not pay used…

Water: the foundation of life, covers nearly 70% of the world’s surface, and yet still inaccessible to millions. Water shortages are not simply short bouts of rainless years as most people of California complain of, but are global problems as many people simply do not have access to clean, drinkable water. Whether in America, the Middle East, or Africa, water is a necessary natural resource that cannot be done without. However, with an ever-increasing world population, water demands continue to…

Effect of Lower Gasoline Prices 
 As gasoline prices have dropped, it has allowed Americans to drive more. Americans started to go out to eat more at restaurants, travel, and purchase trucks. When the gasoline prices were high, it did not allow people to drive out much because the cost was too high. It caused people to spend less money on going out, shopping for clothes, buying trucks, and much more. For example, in the article “Lower Gas Prices Yield Uneven Benefits” by Anna Louie Sussman and…

Throughout the day, lots of water is consumed without thinking of all the bacteria that could be in the water. Most would believe that purified bottled water would be the best choice. Are people really taking the time that they need to make sure all the harmful substances that might be in the water are gone? E-coli is one of many harmful bacteria in water, therefore, the testing for the presence of E. coli in different water samples was performed. In this project, water samples gathered from…

person as well as the needs of the society as a whole. For example, capitalism allows the prices of all goods and services to be set by the market. One can observe this even today with the prices of certain goods rising and dropping due to supply and demand. Some might say that unstable prices make for an unstable economy. To address this, socialism has regulations so that prices stay fixed and the economy remains stable. However, this is not the case with capitalism. The changes in…

Hi, I'm Doug the water droplet I know what you're thinking you think i just sit in a puddle all day but no I go thrusting through the water cycle every day. The water cycle is when it's about to rain but not yet so you should go look up an article because I'm not going to tell you nah just kidding I'm going to go through it with you today so let's go. So first the evaporation that's when I get levitated into the sky the first thing I saw was a tree it was a small tree but it was still a tree…