Supply and demand

Kishan Patel Section: 008 Pattern: Falling velocity and the dispersal ability of a glider seed varies with its surface area. • Hypothesis 1: Increase in surface area of the seeds decreases their falling velocity, due to greater air resistance o Prediction: Seeds with the higher surface area will have a decreased falling velocity. o Reasoning: The greater the surface area of a seed, the more air resistance it experiences and thereby slowing its fall.  Analytical Approach: scatterplot,…

\textbf{Trade-wighted measure of exchange rates volatility}: The trade-weighted exchange rates, commonly known as Nominal Effective Exchange Rates (NEER), is the geometric weighted average of a basket of bilateral exchange rates (Klau and Fung 2006). Real EER (REER) is the nominal EER adjusted with the respective relative price index. Here the weights are based on manufacturing trade flows including both bilateral trade and third-market competition by double-weighting. The BIS EER calculation is…

Cavanaugh spends the chapter on the issues of consumerism. He starts by explaining that consumerism is not an issue of attachment to the material world, but rather an issue of detachment, “What really characterizes consumer culture is not attachment to things but detachment. People do not hoard money; they spend it. People do not cling to things; they discard them and buy other things” (Cavanaugh, 34). As we become more and more dependent on manufactured goods and further separated for the labor…

In Storper and Walker’s The Capitalist Imperative: Territory, Technology and Industrial Growth, economic growth is defined as “an increased in the productive powers of an economy” (Storper and Walker 1989). This is considered concrete improvement, representing real wealth, as opposite to capital accumulation, an abstract gain in purely monetary terms. Long term growth is driven by the goal of surplus generation through production by means of capital investment, strong competition and…

I. Intensity of Competitive Rivalry in the Industry The industry would be classified as having a medium to relatively high level of competition. This is a negative force that would cause the industry to be unattractive. There are many reasons that lead to this reasoning including, the price competition, the differentiation and technology, and the life cycle the market is in. First, we have the price. Value-priced boats have risen in popularity amongst consumers which indicates an industry that…

The dilemma Cummins Engine Company, Inc. faced was Tim had a decision to either comply with the EPA or put the low emission engine production on hold and accept a non-conformity penalty. The challenge they faced was adhering to the consent decree and NOx emissions reduction would increase the total cost of ownership for companies purchasing the trucks and companies purchasing the trucks. This increased TCO could reduce their sales and upset stakeholders (Balancing Stakeholder Risks, 2014). This…

Even though FDI location is influenced by the firm behaviour (a microeconomic factor) as the reasons of its location, that is whether it is resource seeking, market-seeking, efficiency-seeking or strategic asset seeking; the main decision is in fact taken on the basis of economic geography, which is a macroeconomic decision as it takes understanding of country-level characteristics (Popovici & Calin, 2014). According to them, the theory enlightened the success of FDI among countries based on the…

Keynesianism on economic sustainable development Keynesians examine the relationship between money, unemployment and prices. The main idea is the fact that the amount of money that people were saving was more than which was being invested. Keynesians argue that this can happen when the interest rates on savings are high and people will want to make more money from their savings. However, this leads to rising rates of unemployment, because people do not want to spend much of what they earn from…

Oligopoly What is oligopoly? Oligopoly refers to a situation with a few firms on the market and the central assumption that differs from the competitive model is that the firms understand that their actions affect the market price. There is an industry of different models, but most of these are in some way or another variations on the two really central models of oligopoly. These are: 1. The Cournot model, where the strategic variable is a quantity choice. 2. The Bertrand model, where the…

This chapter will provide you with 10 of the most important rules in day trading. 1. Avoid market orders – With a market order, your broker will simply try to sell or purchase assets at the current market prices. However, most of these transactions will be unprofitable because you have limited control over the specific prices at which the assets will be traded. There are times when certain assets experience temporary boosts in price. When this happens after you placed a market order, you will…