admin

You just opened a flower shop and are trying to understand pricing issues. You were told that elasticities are very important in determining prices and what […]

Critical Thinking: Human beings are odd creatures. We can predict the negative consequences of certain actions, and yet, we proceed with those actions. If people were […]

Scarcity is the main reason we are studying economics. Scarcity exists when human wants exceed available resources. Write a four paragraph post that explains the difference […]

Policies established by the World Bank and the IMF have been the subject of much criticism, especially from the developing world. Why might developing world nations […]

Back to 20 or 30 years, what is the time delay between the peak or the bottom of oil price and the peak or the bottom […]