The U.S. Trade Imbalance With China

        The belief is widely shared by newspaper columnists, TV news commentators, politicians, and other people that if the United States imports much more from a particular country than it exports (in money value terms), a problem exists. Many...

International trade

            International trade has been a great boon for many countries and, in general, has been more beneficial for the world than not. However, there are both costs and benefits associated with international trade. Present and discuss...

Managing demand in a supply chain.

          Your friend wants to know about managing demand in a supply chain. Briefly explain it to him or her and give three specific examples of different strategies (be sure to mention the type of firm you think a specific strategy should be...

“THE ECONOMY TOMORROW”

        1. Explain how you see this example in your text entitled “Decisions For Tomorrow” illustrating the concept of the Production Possibilities Curve? 2. Go to the following links. Look at how the State of Florida allocates its...

Total revenue.

            An art museum raises its admission price, and ends up with a decrease in its total revenue. How could you explain this situation to the museum director?  ...