Demand Research Papers Samples For Students

Introduction

For numerous decades, oil has been an important source of the commercial energy throughout the world. The oil industry has always been a vitally crucial industry due to its contribution to the global economy. For this reason, oil is in high demand at all times. Just like the other commodities, the price of oil is determined by the market forces of supply and demand. The oil price fluctuations greatly affect the national economies differently. For instance, while the net exporters of oil suffer economically when the prices decline, the economies of the net importers benefit. Consequently, as one of the ...

Introduction

Domino pizza is a well known brand based in United States where it has a wider reach in operations. The business is the subject of this analysis where demand analysis and forecasting is used to evaluate the suitability of the business venturing in Bowie, MD. The analysis is done by collecting market data on the independent and dependent variables, calculating the regression models and the coefficient of determination whose interpretation together with the test for the regression and the variables are used as a basis of the decision. The analysis also forecasts the market demand for pizza in the region for the ...

Law of Demand and supply

Introduction
In economics, the law of demand and supply is one of the essential theories governing an economy. The theory of demand and supply determines price, accessibility, and the demand for a given service or product. Demand definition is the willingness of consumers to purchase a certain good or service in the market. The cost of the service or good reflects the consumer’s buying decision. The demand for an item is high when its price is lower than other supplementary goods. The curve of demand theory slopes downward due to the inverse relationship.

Alternatively, supply is the willingness of a ...

Introduction

The issue with blood donation in Canada, as well as around the world, is that the supply of blood peaks during times of crisis when the need for blood is at the forefront of the public’s attention. This often outpaces the demand and goes to waste due to the small shelf life of blood. There is a steady demand for blood donation year-round and is often under-supplied. Should Canada use a monetary incentive to improve the supply and demand imbalance for blood donation?Blood Donation In Canada Canadian Blood Services (CBS) looks after the blood donation efforts within all Canadian provinces. ...

Abstract

The paper dwells on general equilibrium theory by putting into perspective various critical issues. The origin of the concept of general equilibrium theory is illuminated dating back to neoclassical period. Moreover, various models such as Walras model of pricing and modern equilibrium model is also put into consideration. Finally, the importance and application of general equilibrium has also been discussed at length. General equilibrium theory refers to a concept modeled around theoretical economics. The modern general equilibrium takes into consideration three important interpretations which should be taken into consideration. The idea of general equilibrium theory cannot be complete when there ...

Introduction

If it is ask about one single field that has recognition with almost every walk of life, then the name of Economics will be reflecting on the screen. After Adam Smith and Alfred Marshall, who directed the most important definition of the term economics, there are numerous authors who found a clear relationship among the economic based functions, and its core impact over the economic consequences of an economy (Banerjee and Duflo, p.45).
Earning and consuming the money in a best possible manner and with a sigh of effectiveness is the most important aspect of economics, in fact the main definition ...

Introduction

Food and beverages that sustain humankind are the driving force of human life. All human activities are directed towards getting food to eat and beverages to drink so as to live a healthy and happy life. As human civilization grows and develops, the need for more food and beverages increases and at the same time, the need to know about the quality and content enhances. The need for more food and beverages increases with the constantly growing human population. Hence, the food security is a great concern. Also, the increased awareness about health and happiness, the food security assumes added significance ( ...

The Cause of Rental Price Increase in San Francisco Bay Area

Rental Price Increase in San Francisco Bay Area
Introduction
Moving to a new place normally means finding the most comfortable yet the most cost friendly apartment in the neighborhood as near as possible to the place of work. However, the first thing that comes into question in the moving-in process is the price of the rent that one should cut from his monthly paycheck. Cost of rent is a major concern in the San Francisco Bay area due to its staggering price. It became an apparent issue when apartment hunters are faced with over-the-top rental rates in the area. ...

The performance of the economy depends entirely on demand and supply of goods and service in the economy. The economy has a demand side and supplies side. When demand side and supply side are equal the equilibrium is achieved. In some instance, the aggregate demand may be high than the supply. This leads to an increase in price of goods and services. When the supply is higher than demand it leads to surplus of good and service in the market. For us to understand the microeconomics concept of demand and supply, we have to explore demand and supply individually.
...

INTRODUCTION

Service organizations face a challenge in terms of managing demand and capacity. Revenue management (also known as yield management) is a technique designed to address that challenge. Mudie and Pirrie, define revenue management as ‘provision of the right service to the right customer at the right time for the right price’ (164). Therefore, revenue management is a technique used to determine the optimal price of products generated by sale. It involves detailed forecasting of demand behavior and sophisticated mathematical modeling. There exists a strong relation between revenue management and marketing. Since, revenue management is responsible for demand control, including setting rate and availability controls, ...

Introduction

Housing bubbles have happened in different economies around the globe. The most recent and most publicized was the subprime mortgage crisis in the United States of America. Understanding what a housing bubble entails in very important in determining whether any economy is experiencing a housing bubble. In economic terms, a housing bubble is the unprecedented increase in the prices of houses because of an increase in demand for housing units, speculation on the prices and the belief that the recent trends in demand and price are surefire forecasts of future trends in the housing market.

A housing bubble starts when the demand ...

Introduction

Microeconomics can be defined as the analysis of the decisions made by individuals and groups, the factors that affect those decisions, and how those decisions affect others (Moffatt, n.pag.). Unlike macroeconomics that deals with aggregate level activities, microeconomic deals with individual, household and firm level economic activities. It helps in understanding the dynamics of an industry and microeconomic impact of industries. The industry that has been chosen for this study is automotive industry for two reasons. First, automobile industry significantly contributes to global economy. Second, the industry is dynamic and undergoing a lot of changes in the recent past.
...

General Motor’s Chevrolet Volt

Product description and usage
General Motors Corporation is a United States-based company that designs, manufactures and sell cars, trucks and automobile parts in the global economy with operations in almost every country. It has been in operation for the past 100 years having manufactured close to 450 million vehicles. Chevrolet is one of GM’s main products that is extensively used for transportation in the US. Chevrolet is easily identifiable among competing brands due to its distinctive bowtie emblem. Chevrolet Volt is a hybrid vehicle that runs on both electric and gasoline power. Currently, it is rated as the most ...

Price Elasticity of Demand: Coca Cola Company

Price Elasticity of demand measures the change in the quantity demanded in response to a change in market price of the commodity. The same is measured by following formula:
Price Elasticity of Demand= % Change in Quantity Demanded/ % Change in Price
In context of Coca Cola company, the price elasticity of demand can be described as change in quantity demanded of Coca Cola when the company changes the price of the soft drink at which it is offered to the consumers. For instance, if Coca Cola increases the price of 300 ml Bottle from $1 to $2, then it ...

Oil is one of the most demanded products because it is the main source of energy or fuel is most sectors of most economies in the world. The transport, manufacturing, and many other economic sectors heavily depend on oil as the source of energy. Currently, the demand for oil in the world is so high that oil producing countries earn large amounts of foreign revenue just by exporting oil. The world oil prices have been on the rise since the turn of the century. This is attributed to the recent political instability, war and uprisings in the major oil ...

Following the American Psychological Association’s Guidelines

Microeconomics and Macroeconomics Concepts
GoodLife’ supply curve given in the first page is a microeconomic concept. It shows the quantities can be supplied for the given prices, or in another word, this company’s supply curve exhibits how the company reacts to the prices by changing the quantity supplied. When the company rents out all the apartment, the company ask a price level of 1500 $ for an apartment.
Price ceiling policy is a macroeconomic concept, because government makes a policy decision and this decision affects all market players in economy. A price ceiling means an excessive demand in market, because GoodLife ...

Introduction

There has been an increase in the demand for security. Nowadays, a sense of security may be considered as the next basic goal after the basic items which include food, shelter and clothing. Majority of the people requires economic and health security. A person with economic security will be able to satisfy the basic needs in the present and future. Economic risk refers to the probability of losing economic security. Historically, economic risk was managed through making informational agreements between the parties concerned. The insurer would compensate the injured party. The pooling concept was later formalized in the insurance industry. ...

Demand-side Policies’

Executive Summary
Initially a brief background of the devastating financial downfall of 2008 will be provided. This paper will then investigate the demand side polices before and after the recession. In the end some policy recommendations will be provided in order to improve the current financial situation and eradicate the economic cavities still left after the economic depression of 2008.

Introduction

The worldwide depression of 2008–09 was unexpected, stern, and gradual. During the time former to September 2008, the housing and financial segments in the United States and numerous European nations faced gradual negative consequences. Throughout this phase, there ...

Energy, especially electricity, is important for economic development. Electricity plays an important role toward economic growth as it is essential in using pieces of equipment that is used for the manufacturing processes of various products (ESMAP 8). The increasing population and expanding economy contribute to the increase in the demand for electricity. Currently, china is the major consumer of electricity. However, the electricity produced in this country is not enough to supply its needs (“Global Energy”). The economic progress could not pursue if there is insufficient amount of energy that any country could use.
Electricity shortage can happen ...

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Nike – the winged Goddess of Victory in the battlefield is the symbolism of inspiration for every athlete to perform better and higher. It is the inspiration for the common man to meet his innate desire for athleticism and physical fitness. Nike’s brand promise of attending to every customer’s cravings desires and demands are reciprocated by the customer’s willingness to purchase Nike products. The incredible strategy of Nike is to have the best of athletes endorsing their shoes. It is a ...

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Introduction
In the 21st century, two facts will pose significant threats to the global economy. One, the demand for energy across the globe will grow by at least 50 percent by 2030, and the use of non-renewable energy sources will continue to be the main source of energy, supplying 86 percent of global demand. Alberta, Canada is in a prime position to capture a major part of the global energy demand market. Located in the western part of Canada, Alberta is second only to Saudi Arabia in identified energy reserves among the global market players.
Majority ...

Oil is one of the extremely traded products in the global markets due to its diverse uses which thus dictate its constant supply so as to facilitate the production process. For this reason, a majority of governments which undertake oil production have formulated comprehensive policies to govern their oil markets so as to ensure enough economic control of the precious commodity. Crude oil is the main product from which gas is extracted for specified uses in the markets such as automobile fuelling and many more. Thus, a change in the economic situation of the oil markets would also create a shock on ...

Introduction

Interest rate, especially the repo and reverse repo rate set by the Reserve Bank of India (RBI) have a profound effect on the value of real estate like any other investment vehicle. Because of great influence of the interest rate on an individual’s ability to purchase houses by increasing or decreasing the cost of the total mortgage amount, many people assume that interest is the only factor in real estate valuation. However, this assumption is not true. Interest rate definitely plays a big role in determining the housing prices, but it is not the only factor influencing the price of a ...

In this part of the paper the subject of the discussion will be the history and various causes of inflation. We will talk about the history of inflation, the factors which influence it, the mechanism of inflation and its effects, as well as the way government policies deal with inflationary pressures.

History of inflation

In the first step, it is important to discuss the history of inflation and the reasons for its existence. For centuries the problem of money supply increase appeared all over the world. Therefore, countries used to change the type of currency quite often. Thus, initially many countries used ...

Abstract

Increasing interest rate is a contraction monetary policy which affects the cost and availability of credits. The increase of interest rate in China is likely to affect the aggregate consumption, price of bonds, level of investment and employment in a country. The effect on investment and employment is supposed to take considerable period of time. This is because they can only be affected through the accelerator principle. The central bank of china increased interest rate to counter inflation. However, this move may not affect the inflation rate as expected due to massive capital inflows.

The move is expected to influence the ...

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Introduction

Economic growth stems from, and brings forth further commercial activities. The aggregation of commercial activities influences the rate in which economic growth thrives, hence the importance of noting each kind of activity. Among the most obvious manifestations of a growing economy is the emergence of advanced infrastructures. Positive progress in the economy usually reveals itself through the presence of infrastructural improvements on roads, transportation and real estate spanning commercial, business and residential facilities.
The evolution of real estate infrastructure serves as among the most compelling signs of economic growth. One could ...

- Introduction- To analyze Oil and Gas prices by understanding the basics of oil and gas, major event in past and important players in the oil and gas industry.
- Key Points
- Major Players in the Oil and Gas Markets.
- Story of Oil and Gas through decades.
- Decoding the pricing of Oil and Gas
- What is the future of Oil and Gas?
- Body of the paper
- The major players that operate in oil and gas industry globally who have the political and economical clout to alter ...

Assignment 1:

The Pizza Company is considering entering the marketplace in your community. By conducting a demand analysis and forecast for pizza, you will be able to make a decision whether The Pizza Company should establish a presence in your community.
- Estimated regressions:

Demand analysis of the forecast for pizza in 30 markets is shown in graphical illustration (Graph).

Supply of pizza products and services to customers is examined in comparison where the company’s pricing structure is exhibited in Price (P) frequencies, and competitor pricing (Px) frequencies in multi-linear analysis of median cost to customers (Graph).
- Then, from the calculation provided, interpret the coefficient of determination, indicating how it will influence your decision to open ...

Introduction

Energy and soft drinks industry targets segments including recreational, lifestyle users, athletes and body builders with sale of energy and performance enhancement drinks. Body builders use the products for the purpose of caloric intake as they are engaged in building up of muscles; a task that requires many calories and nutrients. Athletes include the sports people who also use the products for performance enhancement. On the other hand, lifestyle users are those people who do not use the products for professional exercise or sports purposes, but for recreational purposes. They use the products as beverages or for energy boosts when ...

Is Smith, Leon and Keynes Contributions Relevant in Today’s Market Concept?

Abstract
This study involves studying, investigating, and analyzing various economic theories, how they relate to each other, and their relevance to modern market concept. The contributions of economic thinkers like Adam Smith, Leon Walras, David Ricardo, John Stuart Mill, Thomas Malthus, Jean-Baptiste Say, and John Maynard Keynes played a lot on what we have today. As the world of market and economics continues to be more complex, some of the ideas of these great economists have ceased to be operational. It all started with classical economics. The Era of “The Wealth of Nation” by Adam Smith in 1776 marks ...

Introduction

The rapid increase in oil prices demonstrates that global oil market has entered into a period of oil scarcity. It is expected that rapid growth of oil demand in emerging economies and decrease in oil supply is the main reason of oil scarcity. Oil is an important factor in the production and transportation and it is the most traded commodity in the world. In general, oil prices follow the economic law of demand and supply. According to this law, when demand increases over the supply, the prices will increase that influence both the supply and demand (Cashin, et al, 2012). ...

Introduction

This paper examines the present sources and distribution of electrical power in the United Kingdom and looks at the possible / likely changes in the future. Since April 2005, the electricity generating and supply industries of England & Wales and Scotland have been integrated, as a result of the Energy Act 2004.
According to the Department of Energy and Climate Change (DECC) The Current British Electricity Network can be summarized as electricity generators (all sources including renewable sources) connected to a transmission grid, which comprises:

The National Grid (circa 25,000km of high voltage overhead lines, and

Regional Distribution Networks (circa 800,000km of overhead lines and/or underground cabling).
National grid ...

Background

Economics is a branch of social science that focuses on studying how individual, households, and organizations work. These individuals are collectively coined as economic actors, agents, or players, as their collectively movements influence how the overall economy works. The study of economics also deal with how these economic players manage resource—especially natural resources which are considered to be scarce or limited; how they use, buy, and sell alternative commodities, all in an effort to arrive at their desired ends. An individual, one of the economic factors we have mentioned, may, for example, go to a supermarket to buy goods for ...

Does increasing Cigarette Tax Help in Reducing Number of Smokers? To what extend does it decrease smokers if it leads to decreased smokers?

Abstract

Many governments have continuously increased i cigarettes taxes for the last decades. However, governments have been recording increased revenue from cigarette taxes despite decreasing number of smokers. The revenue raised has been used to finance ant tobacco campaigns across the country. Tobacco is a habit forming commodity this makes adults who have been smoking for long not to change their habits in short run. Researchers have given two main reasons for their behavior. First and foremost, the increased ...

Aggregate Demand and Supply Models

Interest rate is one of the economic factors affecting the aggregate demand and supply in the U.S .economy. It is defined as the price charged or paid for the use of a financial asset. Interest rates affect aggregate demand by influencing factors that determine the total goods and services produced in an economy at a particular price level (Colander, 2010). The largest component of Aggregate Demand that is affected most by changes in the rates of interest in the U .S. is consumption. When the rates of interest are high, it is extremely expensive to borrow money and spend it; this ...

Introduction

Conventional energy sources are commonly non-renewable energy sources these sources are used since long time. Conventional energy sources are used in such extensively way that known reserves are reduced by a great extent. Now it has become more difficult to exploit and discover new deposits of conventional energy sources . It is known that petroleum deposits of our country would be exhausted in few decades while the coal reserves will last for hundred years. The petroleum, natural gas and coal are known conventional energy sources. These three sources account almost 80 percent of total energy sources.

Global energy demand is projected ...

The equilibrium price is determined by forces both demand and supply of a product. At the equilibrium point the quantity of tea supplied in the market is equal to quantity demanded. This means that customers will be able to get the quantity they need from the market while suppliers will sell all the quantity they supply in the market. The equilibrium price will therefore be shown by the intersection of supply and demand curve. At the equilibrium point the market clears ensuring satisfaction of customers and suppliers.

However, price of a packet of 500 grams of tea keeps on changing making ...

Abstract

This is a research paper that aims at performing economic analysis of the Walmart Incorporation. There is exclusive consideration of various conditions that make the company the best retailer around the world. Walmart is a company with exclusively strategic abilities to fetch massive benefits. The company executes retail services in different parts of the world. There is extensive evaluation on the strategies that the company uses to ensure it remains significant in the industry. The forces in the industry are very useful in defining the ability of the company to withstand pressure and act accordingly. The economic forces of demand and ...

Introduction

Economic tools are used to analyze the production of goods and services in markets. They explain the outcomes and the relationship between the production and prices of different sectors. The production of prescription drugs is very expensive due to the research and development and marketing expenses. Companies are allowed to patent their drugs in order to recoup their costs creating monopolies in the market. This paper analyses monopoly and perfect competition market structures when it comes to prescription drugs. Companies offer benefits to employees by providing insurance for prescription drugs. What happens when consumers have to dip more in ...

Executive Summary

Nike has been a world-class manufacturer of sports footwear and apparel for the past few decades. With immense marketing campaigns and celebrity endorsements, Nike has been able to establish a strong public image. With operations in more than 30 countries, Nike is truly a global operator. Most of these operations are concentrated in the developing countries – mainly Asia.
However, the last few decades have seen a tarnishing of this giant’s reputation. Beginning with the labor practices issue in Nike’s Third world countries sweatshops to an inappropriately responding forecasting and ordering software, Nike has had its share of international problems all resulting ...

Pose a Challenge to Netflix’s DVD Rental Model.

Pose a Challenge to Netflix’s DVD Rental Model.

Abstract.

Till now the video content industry has been dominated by companies like Netflix, Blockbuster and Amazon. Their business model is rental of movie DVDs by various means, including movie downloads from their websites. Heretofore the product differentiation has been in the type of services provided by each company, and the extent of their reach to customers. Media streaming, also called Video on Demand (VOD) is a relatively new technology that poses a serious threat to the DVD rental model. Video on Demand or Audio and Video on Demand (AVOD) allows users access to ...

Interpreting Market Trends

Data on various market factors will need to be collected for identification of their effect on demand of vehicles in the Australian market. Those factors are summarized as follows

Disposable income is the level of income that households can spend for their consumer purposes. It is the income after taxation whose level determines the income that consumers have at their disposal. In that respect, it is determined by employment level within an economy.

Purchasing power: Price index/inflation:

Purchasing power refers to the ability that the income held has in buying goods and services. The change in purchasing power determines the quantity of goods ...

Research paper

The situation at the food market in the world is rapidly changing under the influence of income growth, climate change, high energy prices, globalization and urbanization. In addition, the influence on the private sector, especially retail trade is growing. Worsening of the food supply, rising prices for agro-resource commodities, the changing nature of relations between producers and consumers seriously affect the poor populations in terms of food insecurity.
In recent years, many developing countries have high rates of economic growth. Thus, in recent years in Asian Developing Countries economic growth has averaged 9% a year, while in sub-Saharan Africa ...

The marijuana legalization issue was first debated over 100 years ago by BIHDC (British Indian Hemp Drugs Commission). This commission resorted to a defined conclusion that; cannabis sativa (marijuana) was detrimental to human health,and the best way out was to impose high taxation to this drug. Prohibition of this drug was inevitable; the best solution was to tax the crop highly. This resolution failed after several years of attempts. Marijuana remained a legal drug in India until the year 1989 when it was phased off by the single convention international narcotics treaty (Gahlinger 2004). Over the recent past, an acute ...

A major economic depression that engulfed the world during early thirties of the twentieth century is commonly referred to as ‘The Great Depression’. Wikipedia defines depression as a sustained decline in the economic activities of one or more economies. The general characteristics of a depression are substantial increase in unemployment rates; credit crunch, mostly due to impact of depression on the banking system; and increased volatility in currency’s relative value. It also has a deep and devastating impact on the financial system of a country. Depression is an extreme form of long term downturn. Sometimes, it is also described as recession of a ...

Question 1

An economist will approach the problem of abuse of alcohol as a cost and attach a monetary value to it. Alcohol abuse is a negative externality of consumption. The social benefits of consuming alcohol are less than the private benefits. Abuse of alcohol causes harm to; an individual, their friends, family and the society as a whole. External costs associated with abuse of alcohol include; injuries to third parties, alcohol related crime, partner assault, excess over consumption of health services, absenteeism at workplace, reduced productivity at the work place and alcohol related accidents. Economist will attempt to quantify these external costs and include ...

Given that the new company is now run as a monopoly, how will this benefit the stakeholders involved, such as the government, businesses, and consumers?

In this scenario, two shrewd attorneys with financial influence exploited a condition in a liberal market to pool a previously fruitful industry. This made a situation in that they have no competition and they are prepared to vend! The administration consulting company they employed will coordinate the publicising, the lay-off of workers, and the fresh approach of operating. Subsequent to hours of investigation, I have established there are several views for and against this novel approach of monopoly (Maurya, ...

Abstract

Netflix, Blockbuster and Amazon are currently dominating the video content industry. The Netflix business model is dominated by rental DVD movies which includes online downloading from websites. The product differentiation in this industry is based on the type of services offered by each company, and the extent of their reach to customers. A new technology which poses a threat to the DVD rental model is the Video on Demand. Video on Demand or Audio Video on Demand allows instant access for viewers to their favorite movies, television programs, and music. The requested content is directly loaded on the viewer’s ...

The fundamental rule of economics is that it is a study of interaction of various market forces for utilization of the limited resources towards the satisfaction of unlimited demands of the society. The interaction and power of the forces of demand and supply determines the nature of the market. Microeconomics is the study which deals with the interaction of the individual demand and supply forces. The nature of such interaction and the relative influence of demand and supply forces would determine the kind of competition that exists in the market i.e., perfect competition or imperfect competition. The paper has been ...

Related Learning Experience

Throughout my time in the workforce, I have been able to amass a great deal of experience in directly working with and becoming familiar with a variety of elements of microeconomics. This experience has been quite diverse considering the fact that the number of employers within my work history is rather limited. Similar to many young adults starting out, I began my work history with a job at a prominent fast food restaurant, which represents my first major learning experience in important microeconomic concepts such as product markets, factor markets, and the fundamental principles of economics. These concepts were ever present throughout my ...

Essay

Question 1
Many factors influence the economic growth in the developing countries. These factors include internal government policies, political stability, domestic capital formation, investment, export policy and foreign aid among others. Collectively, these factors provide the most significant platform for economies in developing countries. The major problem in developing countries is that they lack proper policy to implement these factors to promote economic growth. This has led to high rates of unemployment, income inequality, inflation and poor economic growth among others. Thus, the paper will evaluate various factors that constitute economic in developing countries.
Globalization and income ...

Question One

A floppy disk is a device that is used for the purpose of storing and transferring data. It is popularly referred to as a diskette. It is made up of a magnetic strip which is flexible and thin. This magnetic strip is contained in a plastic casing that prevents it from any form of destruction by natural or manmade causes. Most of the computers manufactured in the early seventies, contained slots for putting floppy disks. This is because the technology of making floppy disks was discovered in the 1960s. After the product had been tested for some time, some of the large computer ...

Overpopulation refers to a point where the available and renewable natural resources cannot meet the demand of the population. For an area to be considered as overpopulated, the current human occupants should be causing degradation of the long-term carrying capacity of the area. In a global perspective, overpopulation would imply that the available resources are over-demanded to fit the needs of the society (Sarsby, 2001). Current statistics indicate that the world is already overpopulated, and the available natural resources are being strained. Current solutions and regulations that have been put forward by most governments may seem to work, but this is ...

1.0 Introduction
1.1 Background information

International Agricultural trade is the exchange of Agricultural goods and services between countries following an agreed policy guideline. This kind of trade gives rise to a world agricultural economy, in which prices of agricultural goods and services, or their supply and demand, are affected by global events. An Agricultural product that is sold to the international market is an export while an agricultural product which is bought from the international market is an import. The agricultural exports and Imports are financially explained in the country's current account in the balance of payments.
It ...

Apache Corporation

Apache is an independent American oil and gas corporation that was founded in 1954 by Charles Arnao, Raymond Plank and Truman Anderson. Its headquarters are in 1 Post Oak Central in Texas. Its mission is to grow a profitable company for the benefit of its shareholders and provide a long-term growth opportunity (Apache Corporation, 2013). The main idea that dominated the minds of the founders was to exploit the oil that was in Minnesota and meet the oil demand since oil was considered to be a major source of energy that was quite necessary in steering the economy forward.
It operates ...

Dell Corporation has experienced a significant decline in the sales of its personal computers. This has been caused by the considerable increase in demand for tablets as a perfect replacement for PCs. This has prompted Dell Corporation to enter into the competitive market of tablets. It has recently launched its two tablet models, which are latitude 10 and XPS 10.

Description of Its Competitors

In the tablet market, Dell Corporation is facing intense competition from different companies. Its main competitors are HP and Lenovo. There are two tablet models that are being sold by Dell Corporation, which are XPS 10 and Latitude 10. Similarly, its ...

My research topic is imperfect competition in labor market. I started to search about the studies about the effects of a firm’s monopoly or monopsony power on wages and hiring. I evaluate my paper with the major features of U.S. labor legislation which is about the evolution of the labor union movement, the effects of wage discrimination on the efficiency of the labor market and the overall effects of unions on economic performance. Imperfect competition means perfectly competitive markets which maximize economic surplus and reduce economic surplus to varying degrees. This market type is very common. There are various ...

Abstract

Obesity is considered to be one of the most important public health problems facing the global community today and it is a recognized risk factor to other more serious diseases like diabetes cancers and heart disease (Rigby, Leach, Lobstein, Huxley and Kumanyika, 2009). The diagnosis and treatment of obesity have caused a major impact on the federal healthcare and social resources. Health in general is viewed as a commodity, a need that every state should be able to address and to provide adequate resources in order to maintain a high standard of healthcare services to become available in the global community. The demand for ...

Iron and Steel Overview

The demand for steel highly depends on both global and national economies. Development and enhancement of sophisticated technology has improved both quality of product and productivity of work. Integrated mills require very high capital requirements and all mils are greatly affected by commodity prices. Another major force and focus for steel and iron industry include environmental regulations, which check the environmental impacts coming from mills (L e e, 2011). Advancement in technology have greatly reduced the demand for labor, with some Canadian manufacturers reducing the number of man-hours required to produce a ton of steel by 90% over the last ...

The recent economic crisis had a tremendous impact on the industries all over the world. The demand trends, which were strongly emerging in the pre-recession period have been altered by the highly volatile consumer demand. The car manufacturing sector did not escape the fluctuations of consumer preferences either. Although the demand for all types of cars, including hybrids, declined due to the economic recession, manufacturers continue to produce hybrid vehicles, accumulating stock and creating a large surplus of the hybrids in the market. The impact of the overproduction can be explained through the law of supply and demand. As the car ...