Description
Article Response (the article should be after Jan 2nd)
Attach your article to this form using a staple. Draw graphs on the back.
Article Title:
Article Source and Date:
Economic Topic (and chapter):What is the article about?
Briefly summarize the issues in a non-technical way.What are the economics of the article? How does a recent topic covered in the course explain the subject matter of the article? Use Graphs as appropriate.
Explanation & Answer
Attached.
NAME: 1
Name:
Course:
Tutor:
Date:
Economics Article Response
Article Title: ‘Early New Year Rise in Imported Beef Prices in US’ (Beef Central, 2017)
Article Source: Beef Central, http://www.beefcentral.com/trade/early-new-year-rise-inimported-beef-pricing-in-us/
Economic Topic and Chapter: Supply and Demand, The laws of supply and demand
The law of supply and demand is a key concept in economics. It determines how supply
and demand works. When supply is low, there is an increase in prices and the demand at that
point gets low such that equilibrium is attained. On the other hand, when the prices are low, the
supplies will dwindle and demand will increase. This article is a classic manifestation of these
economic concepts.
The article analyzed gives a detailed review of the imported beef and its impact on the
prices of local beef market.in a glimpse, beef exporting nations such as New Zealand and Brazil
experienced reduced production. ...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
1984
by George Orwell
Narrative of the Life of Frederick Douglass
by Frederick Douglass
Divergent
by Veronica Roth
Broke Millennial: Stop Scraping by and Get Your Financial Life Together
by Erin Lowry
Oliver Twist
by Charles Dickens
Of Mice and Men
by John Steinbeck
Ethan Frome
by Edith Wharton
The Elegant Universe
by Brian Greene
My Brilliant Friend
by Elena Ferrante