A. If the price of natural gas‚ a resource used by manufacturers throughout the United States‚ were to double‚ the cost of production of notebooks would most likely increase as well. This would then lead to a decrease in supply (a shift to the left). Changes in Equilibrium of Notebooks Price: Increase Quantity: Decrease Determinant: (ROTTEN) Resource: cost and availability B. If the government were to provide a subsidy for notebook manufacturers‚ the cost of production would
Premium Goods Left-wing politics Right-wing politics
number three on Gartner’s Supply Chain Top 25 List for 2012. This was recently announced at Gartner Supply Chain Executive Conference in May of this year. McDonald’s started in 1937 as a drive-in restaurant by two brothers‚ Richard and Maurice McDonald. Hamburgers were just ten cents. In 1948‚ after realizing that most of their profits came from hamburgers‚ they closed the drive-in and made it a self-serve operation. They set up their kitchen like an assembly line to ensure maximum efficiency
Premium Hamburger
sign for Woolworth. The Coca-Cola Company 1950. The Coca-Cola Company Prices change; that’s fundamental to how economies work. And yet: In 1886‚ a bottle of Coke cost a nickel. It was also a nickel in 1900‚ 1915 and 1930. In fact‚ 70 years after the first Coke was sold‚ you could still buy a bottle for a nickel. Three wars‚ the Great Depression‚ hundreds of competitors — none of it made any difference for the price of Coke. Why not? In 1899‚ two lawyers paid a visit to the president of Coca-Cola
Premium Coca-Cola
wage and price controls in response to exceptionally high inflation rates. However‚ Wage and price controls are government restrictions on the rate at which wages and prices may rise during a specific time period. They are most often imposed during wartime to prevent profiteering and steep rises in the price of rare consumer goods. Many nations‚ including Canada‚ instituted a system of both price controls and rationing during WWII to prevent the exploiting and steeply rising prices that might
Premium Inflation
|food |clothing | |2002 price |$4 |$10 | |2003 price |$6 |$20 | a. What are the percentage increases in the price of food and in the price of clothing? b. What is the percentage increase in the CPI? c. Do these price changes affect all consumers to the same extent? Explain. [ii]. Which is likely
Premium Inflation
Question 5 – Transfer Price Division A‚ which is part of the ACF Group‚ manufactures only one type of product‚ a Bit‚ which it sells to external customers and also to division C‚ another member of the group. ACF Group’s policy is that divisions have the freedom to set transfer prices and choose their suppliers. The ACF Group uses residual income (RI) to assess divisional performance and each year it sets each division a target RI. The group’s cost of capital is 12% a year. Division A Budgeted
Premium Costs Variable cost Cost
completely grainy‚ gently flutter‚ creating delicate mist makeup. Add cosmetic ingredients Squalene‚ avocado oil‚ aloe Jila Suo‚ makeup skin supple‚ obedient easy makeup. Price : RM 90 Quick-drying nail polish red spike Specifications: 12ml Features: short quick drying nail polish dry without journeying etc. price: RM 25 Avon Skin-friendly Skin Whitening BB Cream Specifications: 30g Features: The new "sensitive factor" - instantly brightens skin tone‚ flawless touch
Premium Cosmetics
Price controls are usually justified as a way to help consumers‚ but those who advocate them often ignore their incentive effects. Consider‚ for example‚ rent controls‚ a popular form of a price ceiling. If the demand curve and the short-run supply curves are inelastic‚ then a sizable drop in rents may result in a very small shortage. The benefits to consumers (lower prices) will‚ in the judgment of most‚ clearly outweigh the costs to consumers (less housing). Further‚ the short-run supply of housing
Premium Supply and demand Minimum wage Wage
JOHAN DEPREZ International tax policy: recent changes and dynamics under globalization Abstract: This paper examines recent developments in international tax law and policy as part of the general dynamic of globalization. Tax policy is becoming active in the current phase of globalization‚ which involves international coordination‚ harmonization‚ and standardization. Unilateral‚ bilateral‚ and multilateral actions and policies by tax authorities‚ as well as initiatives by international bodies
Premium Taxation Tax Income tax
Theme of Bride Price The Bride Price‚ a story written by Buchi Emecheta‚ reflects a misery life of a Nigerian girl‚ Aku-nna. The absent of her father in the family had dramatically changed her life. Her bride price that she would get before getting married caused many troubles within her family. After reading this story‚ we can see the practice of customs‚ the system of value and the belief of local Nigerians are the main themes discussed in the story. First of all‚ it ’s about practice of customs
Premium Marriage