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Does the production possibilities curve slope downward?
Yes, production possibility curve slopes downwards to the right indicating that the economy has to forgo some quantity of one commodity to have more quantity of other commodity.
Why might a government intervene in the market economy?
Essentially, due to market failure of some type: the market does not efficiently allocate some desirable commodity and the government attempts to correct this misallocation.
What are some disadvantages of having a market economy?
cause like yea.
Factors affecting demand for a commodity?
price of a commodity, the higher the prices, the lower the demand if there is not a equiblirum condition between demand and supply then it affect commodity demand , inflation and income, and monopoly in some commodity in some area is also affect demand of commodity
Why does commodity have value?
commodity money is a good that can be used as a medium of exchange or for some other purpose
Negative and positive impacts of illegal immigration?
Some negatives are that they affect the economy and the job market.
Does the production possibilities curve slope downward?
Yes, production possibility curve slopes downwards to the right indicating that the economy has to forgo some quantity of one commodity to have more quantity of other commodity.
Positives and negatives of television?
what are some positives and negatives of television
Why might a government intervene in the market economy?
Essentially, due to market failure of some type: the market does not efficiently allocate some desirable commodity and the government attempts to correct this misallocation.
What are some disadvantages of having a market economy?
cause like yea.
Factors affecting demand for a commodity?
price of a commodity, the higher the prices, the lower the demand if there is not a equiblirum condition between demand and supply then it affect commodity demand , inflation and income, and monopoly in some commodity in some area is also affect demand of commodity
What is commodity index?
Commodities are the basic products that the world uses, that are mined (iron ,gold, oil,etc) or grown (wheat, cattle, soybeans etc). A commodity index averages together the prices of the commodities. There are several different commodity indexes. Some average only the metals. Some average only the grains. Some average all commodities. Also, they can differ by how they do the averaging. Some might give more weight to the more important commodities etc. The idea of a commodity index is that it gives you a clue to how the overall economy is doing as well as the industry the index covers. If the metals index is going up it means the mining industry is doing well and probably the overall economy is doing well too.
Why is Peak Oil bad for us?
When oil runs short the price will skyrocket. Oil is a very important commodity in our economy. The higher the price rises the slower our economy will grow. At some point the economy will shrink. Capitalism does not work on a shrinking economy. Global meltdown will be the consequence - unless we find a replacement for oil by that time.
What are some of the best commodity forums?
Depending on what you are looking for by a commodity, some forums that are very good are the PokerOwned forums. The Cards Chat forums are also a very good commodity forum.
What are some negatives about Australia?
There are really not many negatives about Australia. However, a few negatives are expensive housing, distance from relatives and friends, and stress of a culture shock.
Why does commodity have value?
commodity money is a good that can be used as a medium of exchange or for some other purpose
What are a couple good examples of commodity tips?
Some of the best commodity tips are as follows: avoid problem products, coordinate your commodity investments to lower your tax bill, and choose diversified commodity baskets.
