One according to consumers demand. Therefore, oligopoly is

One of the economic impacts caused by oligopoly is inefficiency. There are several reasons due to which oligopoly is said to be inefficient. An essential factor that contributes to this is that oligopoly market charges high prices to consumers. Charging high prices in oligopoly often results from collusion among firms. This is because, collusion causes price to be maintained high …

Discussions Wk

Economic growth is hindered when the government increases the debt limit while interest rates remain at an all-time low. In order for the economy to grow we must have a balanced approach. Fifth U. S. Increases the debt limit it forces citizens to pay more in taxes, especially with interest rates low, in order to pay for the debt. This …

Inflation continuously exceeds that of aggregate supply (AS),

Inflation can be defined as the continuous increase in the general price level of goods and services in an economy. Inflation in Singapore can be caused by domestic and external demand-pull and cost-push factors. Singapore mostly suffers from demand-pull inflation and this happens when the increase in aggregate demand (AD) continuously exceeds that of aggregate supply (AS), which in turn …

Andrew became members of the Whig Party. The

Andrew Jackson was President of the United States from 1829-1837, during the time of his presidency Andrew Jackson created a legacy that carried long into the future, and made a lasting impact on American politics.  Jackson’s presidency was not only highly controversial, but reconstructed what it meant to be President of the United States of America.             “More than nearly …

Police on the beating of a civilian under

Police brutality. Is one of the several of police misconduct which involves undue violence by police members.Widespread police brutality exists under any territories countries .Although illegal it can be performed under the colour of law. The first recorded instance of police brutality was in 1872 when the Chicago tribune reported on the beating of a civilian under arrest at the …

Healthcare management

If the trend observed from the research is to be extrapolated then the scenario of cost drivers will probably remain the same with the most important cost drivers being Provider Market Structure, Physician and Specialist Supply and Technologies.

Resource Economics

         Economics "Study of how people and society end up choosing, with or without the use of money, to employ scarce productive resources that could have alternative uses, to produce various commodities and distribute them for consumption, now or in the future, among various people and groups in society. It analyzes the costs and benefits of improving …

Nonrenwable mineral and energy resources

General Mining Law of 1872 NEGATIVES -buy land for very very low prices (inflation not accounted for)-no royalties needed for hardrock mining-no requiring environmental cleanup General Mining Law of 1872 POSITIVES +high paying jobs+vital resources+stimulate economies identified resources deposits of a nonrenewable mineral resource with known location, quantity, quality Undiscovered resources potential supplies of a nonrenewable mineral resource assumed to …