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The economics of pollutionKey Points Economic production can cause environmental damage. This tradeoff arises for all countries, whether high-income or low-income, and whether their economies are market-oriented or command-oriented. An externality, sometimes called a spillover, occurs when an exchange between a buyer and seller has an impact on a third party who is not part of the exchange....0 التعليقات 0 المشاركات 14كيلو بايت مشاهدة 0 معاينة
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The economics of pollutionKey Points Economic production can cause environmental damage. This tradeoff arises for all countries, whether high-income or low-income, and whether their economies are market-oriented or command-oriented. An externality, sometimes called a spillover, occurs when an exchange between a buyer and seller has an impact on a third party who is not part of the exchange....0 التعليقات 0 المشاركات 13كيلو بايت مشاهدة 0 معاينة
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The economics of pollutionKey Points Economic production can cause environmental damage. This tradeoff arises for all countries, whether high-income or low-income, and whether their economies are market-oriented or command-oriented. An externality, sometimes called a spillover, occurs when an exchange between a buyer and seller has an impact on a third party who is not part of the exchange....0 التعليقات 0 المشاركات 16كيلو بايت مشاهدة 0 معاينة
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Understanding Market Competition and Its Impact on Business and EconomicsMarket competition plays a fundamental role in shaping the behavior of businesses and the economic environment. By fostering an environment where multiple companies vie for consumer attention, market competition influences a range of factors, including consumer prices, product development, innovation, and the overall dynamics of various industries. In this article, we explore the concept of...0 التعليقات 0 المشاركات 13كيلو بايت مشاهدة 0 معاينة
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What Are Externalities in Economics?What Are Externalities in Economics?Examples of Positive and Negative Externalities In economics, many decisions are made by individuals, households, and firms. Usually, these decisions affect the people who make them directly. However, sometimes an action also affects others who were not part of the decision and did not agree to it. Economists call these side effects externalities....0 التعليقات 0 المشاركات 561 مشاهدة 0 معاينة
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What Are the Basic Principles of Economics?What Are the Basic Principles of Economics?Scarcity, Supply and Demand, Opportunity Cost, and Trade-Offs Economics is the study of how individuals, businesses, and societies make choices when resources are limited. At its core, economics is not just about money or markets; it is about decision-making in a world where we cannot have everything we want. To understand how economies function,...0 التعليقات 0 المشاركات 1كيلو بايت مشاهدة 0 معاينة
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What Are the Two Main Branches of Economics?What Are the Two Main Branches of Economics?Microeconomics and Macroeconomics Economics is a social science that studies how individuals, businesses, governments, and societies make choices about using limited resources to satisfy unlimited wants. Because human needs are endless while resources such as time, money, labor, and raw materials are scarce, societies must decide what to produce, how...0 التعليقات 0 المشاركات 2كيلو بايت مشاهدة 0 معاينة
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What Is a Depression in Economics?What Is a Depression in Economics? In economics, a depression refers to a prolonged and severe downturn in economic activity. It is marked by sharp declines in production, employment, income, trade, and overall economic confidence. While the term is sometimes used loosely in everyday language, in economic analysis it has a specific meaning that distinguishes it from milder downturns such as...0 التعليقات 0 المشاركات 1كيلو بايت مشاهدة 0 معاينة
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What is Behavioral Economics?What is Behavioral Economics? Behavioral economics is a field that blends insights from psychology with traditional economics to understand how people make decisions. Unlike classical economics, which assumes that individuals are perfectly rational and always act in their self-interest, behavioral economics recognizes that humans are often influenced by biases, emotions, and social factors....0 التعليقات 0 المشاركات 524 مشاهدة 0 معاينة
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Aggregate demand and aggregate supply curvesKey points Aggregate supply is the total quantity of output firms will produce and sell—in other words, the real GDP. The upward-sloping aggregate supply curve—also known as the short run aggregate supply curve—shows the positive relationship between price level and real GDP in the short run. The aggregate supply curve slopes up because...0 التعليقات 0 المشاركات 25كيلو بايت مشاهدة 0 معاينة
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Aggregate demand and aggregate supply curvesKey points Aggregate supply is the total quantity of output firms will produce and sell—in other words, the real GDP. The upward-sloping aggregate supply curve—also known as the short run aggregate supply curve—shows the positive relationship between price level and real GDP in the short run. The aggregate supply curve slopes up because...0 التعليقات 0 المشاركات 19كيلو بايت مشاهدة 0 معاينة
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Aggregate demand in Keynesian analysisKey points Aggregate demand is the sum of four components: consumption, investment, government spending, and net exports. Consumption can change for a number of reasons, including movements in income, taxes, expectations about future income, and changes in wealth levels. Investment can change in response to its expected profitability, which in turn is shaped by...0 التعليقات 0 المشاركات 26كيلو بايت مشاهدة 0 معاينة
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Aggregate demand in Keynesian analysisKey points Aggregate demand is the sum of four components: consumption, investment, government spending, and net exports. Consumption can change for a number of reasons, including movements in income, taxes, expectations about future income, and changes in wealth levels. Investment can change in response to its expected profitability, which in turn is shaped by...0 التعليقات 0 المشاركات 20كيلو بايت مشاهدة 0 معاينة
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Are MLM Products Overpriced Compared to Similar Retail Ones?Introduction One of the most common questions raised about multilevel marketing (MLM) is whether the products sold through these networks are fairly priced or inflated compared to comparable items in traditional retail channels. MLM companies often promote their products as premium, unique, or backed by exclusive ingredients and superior quality. However, consumers and critics frequently argue...0 التعليقات 0 المشاركات 6كيلو بايت مشاهدة 0 معاينة
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Betting On Zero. (2016)Writer/director Ted Braun follows controversial hedge fund titan Bill Ackman as he puts a billion dollars on the line in his crusade to expose Herbalife as the largest pyramid scheme in history. My Link0 التعليقات 0 المشاركات 33كيلو بايت مشاهدة 0 معاينة
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Beyond GDP: other ways to measure the economyKey points Gross national product, or GNP, includes what is produced domestically and what is produced by domestic labor and business abroad in a year. National income includes all income earned: wages, profits, rent, and profit income. Net national product, or NNP, is GNP minus depreciation. Depreciation is the process by which capital ages...0 التعليقات 0 المشاركات 23كيلو بايت مشاهدة 0 معاينة
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Beyond GDP: other ways to measure the economyKey points Gross national product, or GNP, includes what is produced domestically and what is produced by domestic labor and business abroad in a year. National income includes all income earned: wages, profits, rent, and profit income. Net national product, or NNP, is GNP minus depreciation. Depreciation is the process by which capital ages...0 التعليقات 0 المشاركات 22كيلو بايت مشاهدة 0 معاينة
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Changes in equilibrium price and quantity: the four-step processKey points There is a four-step process that allows us to predict how an event will affect the equilibrium price and quantity using the supply and demand framework. Step one: draw a market model (a supply curve and a demand curve) representing the situation before the economic event took place. Step two: determine whether the economic event being analyzed affects demand...0 التعليقات 0 المشاركات 22كيلو بايت مشاهدة 0 معاينة
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Changes in equilibrium price and quantity: the four-step processKey points There is a four-step process that allows us to predict how an event will affect the equilibrium price and quantity using the supply and demand framework. Step one: draw a market model (a supply curve and a demand curve) representing the situation before the economic event took place. Step two: determine whether the economic event being analyzed affects demand...0 التعليقات 0 المشاركات 21كيلو بايت مشاهدة 0 معاينة
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