Other Economics Answers

Inferior goods and giffeb goods are synonymous since the two goods relate to the consumer's purchases. True or false, explain

The statement "other things being equal" has no effect in the study of economic phenomenon and therefore can be ignored. True or false, explain

Discuss how these maritime transport service providers interact jointly to form a viable maritime transport chain.

 Lowering college tuitions and providing grants and scholarships to technical schools would help diminish which type of unemployment

Inferior goods and giffen goods are synonymous since the two goods relate to the consumer's purchases. True/False, explain

Market economy is a necessary evil. Discuss   

Global warming is becoming a serious problem for mankind. According to the Coase Theorem government should leave this matter to the market to solve. Do you agree? Argue your case with the aid of economic theory.

What would you expect to happen to the price of chicken samosas if the price of flour decreased and the price of chicken meat decreased?

A higher coffee price (substitute for tea) will shift the demand curve to left. True/false?

Consider how the economy has performed throughout your life. Identify a time you believed the economy was in a peak or a trough. When was the economy expanding? When was it contracting? Describe the overall trajectory of the economy throughout your life.