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allAfrica.com: Zambia: Govt Unveils Maize Floor Price - 5 views

allafrica.com/...201205310383.html
shared by Katie Miyoshi on 31 May 12 - No Cached
    • Katie Miyoshi
      Katie Miyoshi on 31 May 12
       
      A minimum price has been set for maize at 1,300,000 Zambia kwacha ($244.40 US dollars) for 1,000 kg.  A micro: minimum diagram can be made.
    • Katie Miyoshi
      Katie Miyoshi on 31 May 12
       
      Maize is a good, which has many complimentary goods, because it is a staple food in many recipes.  This can be shown in a cross price elasticity diagram.
    • Kat Whatley
      Kat Whatley on 01 Jun 12
       
      It is also a substitute good. Though carbs of some kind are a necessity, people could by wheat or rice or millet instead. You could consider looking at prices of substitute goods.
    • Katie Miyoshi
      Katie Miyoshi on 31 May 12
       
      There is high demand for maize, so this good is inelastic and therefore it is smart to place a floor price on this good, since price will increase with little change to the demand.
    • Kat Whatley
      Kat Whatley on 01 Jun 12
       
      This is also a subsidy. You could draw a subsidy micoeconomics graph for this.
  • ...4 more annotations...
    • Katie Miyoshi
      Katie Miyoshi on 31 May 12
       
      By setting a price floor, maize prices will increase so that the good is more valued and this will lead to less wasting and more available supply in the long-run.
    • Katie Miyoshi
      Katie Miyoshi on 31 May 12
       
      Government is investing in infrastructure to reduce the maize thefts and this is an example of supply-side policy.  A diagram can be made here.
    • Kat Whatley
      Kat Whatley on 01 Jun 12
       
      This will also lower prices and may stop the rise of maize costs as less wastage will occur.
    • Katie Miyoshi
      Katie Miyoshi on 31 May 12
       
      Perhaps, increasing the maize prices will make up for the loss in revenue from the stolen maize.
    • Katie Miyoshi
      Katie Miyoshi on 06 Jun 12
       
      This is my ECON IA for MICRO
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Fed Survey Shows Economy Growing Modestly - NYTimes.com - 0 views

www.nytimes.com/...-economy-growing-modestly.html
shared by Zhoushu Ziporyn on 07 Jun 12 - No Cached
    • Zhoushu Ziporyn
      Zhoushu Ziporyn on 07 Jun 12
       
      consumer spending did not go up as much.... consumer confidence low
    • Zhoushu Ziporyn
      Zhoushu Ziporyn on 07 Jun 12
       
      consumer spending did not go up as much.... consumer confidence low
    • Zhoushu Ziporyn
      Zhoushu Ziporyn on 07 Jun 12
       
      AD wont increase as much as C would not increase so much... AD=C+I+G+(X-M)
    • Zhoushu Ziporyn
      Zhoushu Ziporyn on 07 Jun 12
       
      hiring going up, demand for labor going up--- more people are hired, more income. More income, more consumption. All of these cause the AD curve to shift to the right, causing a growth in GDP.
    • Zhoushu Ziporyn
      Zhoushu Ziporyn on 07 Jun 12
       
      so the things i mentioned earlier is not quite the case here, as the wages have not increased much either it seems and so that would explain why it is only growing modestly when firms are hiring more
  • ...1 more annotation...
    • Zhoushu Ziporyn
      Zhoushu Ziporyn on 07 Jun 12
       
      the drop in price will shift the equilibrium downward, and since it is the supply side, the quantity would increase since the supply curve would shift to the right according to the price increase.
  • Zhoushu Ziporyn on 07 Jun 12
     
    A Federal Reserve survey found that the economy grew moderately in most regions of the country this spring and companies kept hiring. It was a hopeful sign after a spate of gloomy data released last week. The Fed survey showed growth in each of its 12 bank districts from April 3 through May 25.
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REVE - Regulación Eólica con Vehículos Eléctricos - - 1 views

www.evwind.es/noticias.php denmark Vestas Windmills South-Korea Expo-2012
shared by Christian Bager on 06 Jun 12 - No Cached
  • Expo 2012 at Yeosu, South Korea.
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Target date of reveal for their further plans
  • Offshore wind holds vast potential as a sustainable energy source for rapidly growing countries, such as South Korea with its substantial coastal areas.
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Showing where there is an increase in demand of the product.
  • A solid foundation for Danish-Korean collaboration on wind energy has already been laid through Vestas’ long history and presence in South Korea and the strong government commitment to ensuring green growth in both Denmark and Korea.
  • ...5 more annotations...
  • Both countries have clearly acknowledged that wind energy is a reliable and sustainable energy solution for the futur
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Showing how both side believe that the demand for wind turbines may increase over the next years, and how it currently stands.
  • In Denmark, the government has set a goal of achieving 50 per cent of our electricity consumption from wind energy by 2020, and Korea is leading the way by systematically implementing policies required to spur Green Growth.
  • We have installed more than 200 onshore wind power turbines in the country since 1998, and almost 70 per cent of installed wind power plants are currently using Vestas wind turbines.
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Showing the current supply of wind turbines in Korea and how that compares to the Vestas Market share
  • With our many years of experience in turning the wind into energy on land and on sea, Vestas will strive to partner with South Korea to reach their goal of building sustainable cities and ensuring future generations have a reliable source of energy
  • So far, we have installed 581 offshore turbines, equalling 38 per cent of all such turbines in the world. In 2010 alone, we installed a total of 555 MW at the Robin Rigg, Thanet and Bligh Bank offshore wind farms, increasing our installed capacity to more than 1,400 MW.
  • Christian Bager on 06 Jun 12
     
    The one I will use from my IA
  • Christian Bager on 06 Jun 12
     
    First IA
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