Develop homes in suburban area

Assignment Help Microeconomics
Reference no: EM13726844

1) I have always felt that way about the cost of living in certain places. People love to say that the south pays less than most other areas but the cost of living is less than the places where they pay more so it balances itself out in the long run. But within the past three years I not see a trend that I did not think I would see in Atlanta where there are more apartments going up than homes in Atlanta. That trend shows a scarcity of land to develop new communities in the metro area which is not good. There is also a new trend of builders tearing down older homes in well-established communities and building newer larger homes. Do you think local communities should stop builders from changing the look of established communities?

Should they be forced to develop homes in suburban area? Reply (60-100 words):

2) Do you think that in some of the locations where the items are higher they are taking advantage of supply and demand? I was on a cruise and talked to one of the crew members and they talked about the same thing. Because the are based on the same ship for such long periods of time they sometimes have to shop for items where the ship docks and the people who operate the local stores know that some basic household supplies will sale but can charge more because of the demand for the items. do you think there should be a cap on what companies can charge for some items even in places where those items are scarce?

Reply (60-100 words):

3) The personal example I have witness of inflation is purchasing groceries at the grocery store. Everyday items such as eggs, milk, cheese and bread took the biggest hits and they were hit the first. The word was that the reason for the inflation was because of the increase the cost of transportation but later it was said it was due to the increase of cost to producing the item. Has part of the reason why the prices of commodities have risen relates to rising fuel prices? Reply (60-100 words):

Reference no: EM13726844

Questions Cloud

Global competition on the decisions made by management : New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity inyour industry or one with which you are familiar-horizontal, vertical, or conglomerate-and explain ..
What affect could this case have on your worksite : Explain in a paper what you have learned about worksite protection for employees to address the following: What affect could this case have on your worksite
What economic effects of government programs for urban : What have been the economic and social effects of governmental programs for urban redevelopment? What has been the cultural significance of changes in the urban and regional system?
Find was there a binding agreement between quanta and lg : Your management team sees a number of similarities between your company operations and various aspects of the LG Electronics case(attached). Was there a binding agreement between Quanta and LG
Develop homes in suburban area : Should they be forced to develop homes in suburban area - Has part of the reason why the prices of commodities have risen relates to rising fuel prices?
Was an ethical choice or simply a good public relations mov : After Jack Welch's retirement package was made public he quickly decided t give it all up. Was that an ethical choice or simply a good Public Relations Mov
All debt securities in the economy : The disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability - lead to higher interest rates on all debt securities in the economy
Case study on phionia''s finicky feline gourmet cat dinners : Case study from Katz and Green's Entrepreneurial Small Business (2011): Phionia's Finicky Feline Gourmet Cat Dinners. Comment on the viability of this business and the advisability of the investor making a $50,000 investment to get it started.
Create a mini-proposal : Create a "mini-proposal" which outlines a research project focused on a specific problem (ideally employee turnover) or question and utilizes a specific qualitative method (either use case study or mixed method)

Reviews

Write a Review

Microeconomics Questions & Answers

  What is the supply curve of the competitive fringe firm

Find the market price, the quantity produce and the profit of each firm and what is the number of firms in the long run equilibrium?

  What is meant by inflation write down the causes of

what is meant by inflation? write down the causes of inflation? is inflation desirable and what can be done to control

  Firm purchases r in a purely competitive resource market

Assume that a firm purchases R in a purely competitive resource market; that is, the firm can purchase any amount of resource R it chooses without affecting the price of R.

  Write three main aggregate supply factors which find out

what are the three main aggregate supply factors that determine a nations potential or full-employment level of real

  Monetary policy is impotent in achieving macroeconomic goals

Describe why a monetary policy is impotent in achieving macroeconomic goals under the fixed exchange rate system. Begin your discussion with the assumption that the economy is at equilibrium in the balance of payments (external balance), however at l..

  What is the formula for its ac curve

A firm's total cost curve is given by TC(q) = q(q-4)^2 + 2q. What is the formula for its AC curve?

  A randomly selected adult is 65 or older

What is the probability that a randomly selected adult is 65 or older?

  What number of subscribers will minimize ac for the firm

Where Q is millions of subscribers What is the total cost function What is the marginal Cost function What number of subscribers will minimize AC for this firm What is the level of AC at this output

  Increased the monopoly power of cell phone providers

Regulations created some years ago allow cell phone customers to keep the same phone number even when they switch to a different provider. This change:

  If there is a natural monopolyone firm owns all the natural

if there is a natural monopolyone firm owns all the natural resources in the production of a good such as owning the

  Major cities around the world compete

Major cities around the world compete with each other in an effort to attract new businesses. Some of the criteria that businesses use to judge cities as potential locations for their headquarters might include the labor pool; the environment i..

  Identify and discuss three externalities

1.Identify and discuss three (3) externalities, which can either be positive or negative.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd