Fluctuating prices in gasoline

Assignment Help Microeconomics
Reference no: EM1374511

Determine what are the reporting reasons on why gasoline prices have been fluctuating and trending upward for the past twelve months.

What are the ground reasons? Where are the online sources that can provide concrete evidence?

I am unable to use the Wikipedia as a source only b/c that source can be edited by students and might not have correct information. In addition sources with political agendas might not work.

 

Reference no: EM1374511

Questions Cloud

Question about aggregate consumption function : The government make a decision to finance the increased expenditures need to  close the GDP gap, by rising taxes. Determine the necessary changes in government spending and taxes to close the GDP gap?
Determine real total output : Assume that the aggregate demand curve is P=120 - Q, where P is price level and Q is real output. If the short-run aggregate supply curve
Interaction of fiscal and monetary policy : Intelligent fiscal policy and appropriate monetary policy permit for a stabilizing influence on US economy. The government is able to make action through expansionary or contractionary fiscal policy to manage recession and inflation when necessary.
Fluctuating and increasing gasoline prices : Fluctuating and rising gasoline prices. Make your analysis on this topic and relate it to the US economy. Determine the three or four segments of our economy that are affected through fluctuating prices for gasoline.
Fluctuating prices in gasoline : Determine what are the reporting reasons on why gasoline prices have been fluctuating and trending upward for the past twelve months.
Explain how supply and demand affect the prices of homes : As a manager of a financial considering business you have two financial planners, Phil and Francis. In an hour, Phil can make either one financial statement or answer ten phone calls,
Supply and demand problem : New York, had a serious ice storm. Electric power was out in houses for many days. The demand for power generators rise dramatically, Yet the local businessmen did not increase their prices.
Discuss the impact of globalization : Select a United States company with global operations. Discuss the company's activities outside the United States and Discuss the impact of globalization
Production possibilities frontier for an economy : Create and explain a production possibilities frontier for an economy that produces milk and cookies. Determine what happens to this frontier if disease kills half of the economy's cow population?

Reviews

Write a Review

Microeconomics Questions & Answers

  Determining aftertax cash flows

Cost of capital is 12%. Its expects aftertax cash flows (including the tax shield from depreciation) for the next 5 years are:

  Practical problems in price theory

The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution and price elasticity of demand.

  Estimate the demand function

Estimate the demand function

  Deficit in the current account balance

The United States dollar exchange rate can be affected by changes in the current account, capital account and official reserve transactions.

  What is the monopolist profit maximizing level of output

Assume a monopolist faces the following demand curve: P = 180 - 4Q. Marginal cost of production is stable and equal to $20, and there're no fixed costs. What is the monopolist's profit maximizing level of output?

  Evaluate the mu in the utility functions

Evaluate the MU in the utility functions

  Diseconomies of scale

Describe why some firms might suffer diseconomies of scale. Do you know any examples? Could GM be an example of diseconomies of scale?

  Supply and demand analysis

Use supply and demand analysis to describe why equilibrium price of apples will increase and the equilibrium quantity will fall if an excise tax is levied on apples.

  Computing breakeven point and profits

The fixed costs at Harley Motors are $1 million annually. The main product has revenue of $8.50 per unit and $4.25 variable cost. Find out the following.

  Firm optimal quantity-price and profit

Find out the firm's optimal quantity, price, and profit (1) by using the profit and the marginal profit equations and (2) by setting MR equal to MC. Also provide a graph of MR and MC.

  Discussion of principles of microeconomics

You've been appointed by an unprofitable firm to determine whether it should shut down its unprofitable operation.The firm currently employs 70 workers to produce 300 units of output per day.

  Determining government purchases

What is the initial effect of the tax reduction on aggregate demand? What additional effects follow this initial effect? What is the total effect of the tax cut on aggregate demand?

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