How Does Our Economy Work? Watch the following video before completing this discussion activity.Circular Flow Matrix – How the Economy Works – Econ 1.7 (YouTube – 4:56)(https://www.youtube.com/watch?v=mN5HPJYJzus&feature=youtu.be%20)Select & ExploreBased on this module week’s summit session, what would you say is the role of firms in our macroeconomy? Do consumers indirectly and/or directly affect our macroeconomy? […]
Prepare a short essay that distinguishes the role of firms in our macroeconomy. Describe the factors your chosen firm has taken to avoid market failure at a macro-level.
Firms in Our Macroeconomy In this assignment, prepare a short essay that distinguishes the role of firms in our macroeconomy. In your essay, identify the following:Choose a real-life example of an oligopolistic market structure in the U.S.Identify how your firm has been impacted by our macroeconomy.Determine if your firm was dependent on the federal government […]
Define RESOURCES and give 5 examples of resources? What is the difference between a material resource and a tool/technological resource?
1. What is your understanding of what is material management? 2. What is a material resource in production or manufacturing? 3. Define RESOURCES and give 5 examples of resources? 4. What is the difference between a material resource and a tool/technological resource? 5. Give 3 examples of material resource and 3 examples of tool resource? […]