January 30 2015
Music Industry in Economics:
My central question was Looking back ten years to now, how have music sales changed due to
the creation of free downloading and streaming? How is the music industry trying to get some of
their music revenue back? Looking back over time, music sales have dropped immensely, as free
music downloads have become very popular within the past ten years affecting the sale incomes
of the music industry as well as job loss and the economy…
During the past few years Wisconsin elected a new governor Scott Walker who initiated a official and public sector union conflict. As their newly elected Republican governor he proposed to legislation to roll back union benefits and prerogatives. Its ironic because Wisconsin is the birthplace for public sector unions and Walker’s plan was to weaken their power. His plan was to save for the taxpayers by proposing a rewritten state labor law that ended automatic dues deductions from paychecks,…
Their research found that 75% of the chemicals could affect the skin, eyes,and other sensory organs, and the respiratory and gastrointestinal systems. Approximately 40–50% could affect the brain/nervous system, immune and cardiovascular systems, and the kidneys; 37% could affect the endocrine system; and 25 killing a loved one via cancer, you would need a little more legal ammunition than "it just makes common sense" against an army of corporate lawyers.
2011 article in the journal, Human and Ecological…
Corporations have a theoretical unlimited term of existence.
3. What is a special act corporation? For what purpose would it be formed? Give two examples.
Answer: Special Act corporations are created by the state to do specific things, usually of a public nature. For example: A provincial hydro‑electric corporation, or the Canadian Broadcasting Corporation.
4. What drawbacks are commonly associated with partnerships are overcome by the use of the corporate form?
Answer: Shareholders of a corporation…
In this week’s article, “Evolution as a General Theoretical Framework for Economics and Public Policy” by David Sloan Wilson and John M Gowdy, I read and learn about the definition and criteria of evolution in nature and how this evolution connects to the economic studies and public policies. Another objective of the article is to reveal the reasons why evolution might not be useful for the study of human behavior and culture. The article list reasons that evolution study might not contribute to…
are some economic theories that will help GM better understand their business and the economic factors affecting it.
1. Opportunity cost - GM is making losses and wants to diversify into its own chain of retail shops. Such a decision involves an opportunity cost. For instance, funds which were previously meant to be used to buy machines and materials will be diverted into setting up new shops. This may lead to a fall in production and a decrease in output and revenue.
2. Economic efficiency…
directions you must carefully listen as the directions are presented. Look the speaker directly in the eye to keep yourself focused and listening throughout the time you are receiving the directions.
7. Some are designed to get a company to a defined sales level, a funding objective, or the achievement of some other growth goal.
8. Visual merchandising can be defined as everything the customer sees, both exterior and interior, that creates a positive image of a business and results in attention, interest…
the accumulation of those economic products
that are tangible, scarce, useful, and transferable
1. scarcity of resources, which results from society not
having enough resources to produce all of the
things people would like to have
the markets in which productive resources are
bought and sold
2. A need is a basic requirement for survival and
in product markets
the amount of output…