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MohamedH H

Corporate Profits and Aggregate Demand - 0 views

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    This article is from Forbes, and as you know Forbes provide articles from news and analyse them. This is what we definitely need to go through sometimes. Besides, the article talks about corporate profits and aggregate demand.
Bulatovic M

Pocket change: Minimum wage won't drastically kill jobs - 1 views

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    This article talks about how Minimum wage will not kill jobs drastically. When a government imposes minimum wage, many salaries have to be raised, and if a raise in the salary of the workers means a decrease in profit workers will be fired. Workers are useful as long as having more increases profit. This article talks about how that would not necessarily be true.
Stamenkovic A

Oil Prices May Harm Russia's Economy - 0 views

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    Russia's economy is suffering from falling oil prices as oil revenue makes up about half of the state budget revenue, while the sanctions imposed by the West in response to Moscow's policy toward Ukraine have almost shut the global financial markets to Russian business. Since oil has the inelastic demands, the fall in price of it will proportionally change the quantity demanded, however if the Russian business decide that oil is not profitable business anymore, they might switch to its substitutes, or if the supply of oil significantly decreases during next few years because of the fall in price of it, the demand for oil might decrease as well and people will again consume its substitutes, such as wood or gas, in greater quantities. If low oil prices and Western sanctions persist for some time, Russia's economy and budget will have to optimize their spending, and concentrate only on profitable budgetary programs, which will not have only major consequences on Russia, but the Europe as well as Russia is one of the main oil suppliers.
Benavides V

Taiwan Cement raises product prices in China due to demand - 2 views

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    Taiwan Cement said it has raised prices in Guangdong province because of rising demand in China's market. This will benefit Taiwan Cement's profit. This is closely related to the demand curve and assumption that due to high demand, product prices will rise.
Stamenkovic A

Capitalism v environment: can greed ever be green? - 2 views

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    The article discusses the fact that the now dominant capitalist economic system has contributed to the breaching of several ecological boundaries, in relation to climate change, biodiversity loss and nutrient enrichment. These contributed to the dead corals and rising seas. This global change can bring big costs for, among other things, tourism and infrastructure. Thus, the negative externalities are basically the public costs that come from the pursuit of private profit, representing massive risks leading to all recent recessions arising from the mis-allocation of risks.
Andersen K

BP profits hit by Russia problems - 2 views

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    This article shows how the Russia's economy is struggling due to sanctions and how that has affected BP and the lowering of oil prices. This has caused a decrease in revenue of BP from £3.7bn to £3bn. This has also resulted in share prices decreasing by 14% in the past 3 months.
Piskin A

Colorado marijuana sales rake in $2 million in taxes in January - 4 views

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    This article is about the excise taxes on marijuana in Colorado. It is important to know that the tax revenue $2 million dolars in January 2013. As marijuana is legal in Colorado, the government gets the best benefit of it by imposing harsh tax on marijuana. Since marijuana is price inelastic because of its addictive nature, the government can impose as much as taxes as it can which can lead to more revenues.
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    This article demonstrates how profitable taxation can be for governments. The example here is that the state of Colorado earned over $2 million in taxes on the sale of marijuana, an addictive product.
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    This article is about the income of the government by the taxes on marijuana which is legal in Colorado
Onipko O

Ways to allocate resources in a market - 0 views

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    This article suggests ways for firms to invest their resources, or money. It talks about where money should be put in for the maximal profit.
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