Publications by Connor Mackey
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Chapter Opening Questions A business manager in a capital-intensive industry needs to monitor its own industry cycles because they routinely experience (A visual cycle of over investment, over capacity, and the price worth ). Summary Why capital-intensive industries are different Elements that make capital-intensive industries prone to overb...
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Assume Daewoo, a hypothetical oil extraction company, has the following cost structure. It spends: • $40/barrel on labor costs, raw materials, energy, and • $35/barrel on interest, depreciation, insurance, and administrative staff expense. Read the textbook carefully, and answer the following questions. A recession hits, the market price ...
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Write one key takeaway per chapter. Write at least 100 words for each chapter summary. Ch1 It’s Not Just about Forecasting Knowing how the economy affects a business helps in ways other than just sales analysis. Economics can also help you understand cost increases/decreases. Economics also helps decision-makers even before they develop a ...
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Summarize article Read the assigned Forbes article and summarize in at least 100 words. In economics we often see a delay between an economic action and a consequence. This is known as a time lag where an impact of time lags is that the effect of policy may be more difficult to quantify because it takes a period of time to actually occur. The...
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Summarize article Read the assigned Forbes article and summarize in at least 100 words. This article is about how Globalization can potentially have an effect on inflation. Globalization has meant that consumers can get goods more cheaply from countries with low labor costs. If globalization levels off, then the price level stays lower but do...
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Summarize article Read the assigned Forbes article and summarize in at least 100 words. This article is about inflation hedges that worked and ones that didn’t. First it’s important to understand what inflation hedges are. An inflation hedge is an investment that is considered to protect the decreased purchasing power of a currency. Knowi...
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Summarize article Read the assigned Forbes article and summarize in at least 100 words. In this article we learned how home prices and rents will decline in the next year, on average, though different parts of the country will experience somewhat different things. For the owned property side, higher mortgage rates can hugely effect homeowners...
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Summarize article Read the assigned Forbes article and summarize in at least 100 words. In this article we learned how the global economic outlook is declining due to inflation-fighting efforts by central banks, the war between Russia and Ukraine, and China’s prioritization of political control over economic growth. Luckily it doesn’t see...
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