Question

In: Economics

Please research any topic regarding the concept of Supply and Demand...use an article or two that...

Please research any topic regarding the concept of Supply and Demand...use an article or two that is not older than 2 years old. Provide the link(s) and write one summation paragraph and four analytical paragraphs outlining how you align the material we have studied thus far to the what product or service you have researched. Be sure to include reference to the circular flow model, the invisible hand of competition and how suppliers and consumers have determined the success or failure of the product or service. This is a total of 5 paragraphs (7 to 8 sentences in each paragraph) at minimum and requires you to provide any links

Solutions

Expert Solution

ANSWER.......
In this we are saying about the economic forecast 2018-2019:-
In this we are saying about the demand is strong but supply is weak
by using two types of graphs methods:-1)summation paragraph
   2)analytical paragraph
1)summation paragraph:-
This article is about the weakness of supply of demanded goods. Goods are demanded highly but the supply of such good are not as in proportion of the demand increases which leads to the rise in prices which invites inflation in the country.
The reason behind the weak supply is lower labour force and resulting lower productivity. If every person and every machine is working flat out, then increased demand would not increases output.
If the demand is increasing to support such demand the supply would also must be increase by using new technology, IT advancement, using robots and by employing more manpower.
2)Analytical paragraphs:-
The current labor force and the productivity level is not suitable for the current increasing demand. There are two drivers of output one is labor force and productivity.   
Because of lower supply GDP of current year is 1.7% which is much lower than we expected in forecast i.e. 2.7%.
The invisible hands of competition is labor force and productivity which act as unobservable market force which affects the supply.
The employment / population ratio is increasing at the same rate as in the 2011-2017 period. Even though there is decrease in the unemployment rate by four percent the productivity has not been increased.
Average hours worked per worker has no long term trend, it is a temperory adjustment factor which does not contribute in the productivity. So the decrease in unemployment is useless as it is not contributed to the productivity.
Availability of jobs put people of out of there woodwork. But many people work through discouragement, family challenges when a good job is available. Greater labor force alone will not get the job done.
To increase the economic growth there is need to add another 5 million workers in the next two years.Producers can determine the success of the product by increasing growth of productivity and output per worker.
These two forces can expand the supply potential of the economy. As the rising wages and easy availability of jobs will draw more people into the labor force. Companies will also buy more equipment and software to substitute for people they cannot hire.
Supply limitation may inhibit economic growth or supply improvements may take longer to evolve.
note:-
1) In above answer we include 1 summation para of the article and other four are explaination of the article
2) The invisible hand of competition concept is included in the 1st para of analytical section
3) how suppliers determined the success of production is explain in the last para.
This is a total of 5 paragraphs (7 to 8 sentences in each paragraph) at minimum and requires link is:-
link of article : https://seekingalpha.com/article/4184408-economic-forecast-2018minus-2019-demand-strong-supply-weak


Related Solutions

Research any article pertaining to a current topic in healthcare, briefly review the article and explain...
Research any article pertaining to a current topic in healthcare, briefly review the article and explain your viewpoint on managing the topic. Your response should be 1-2 pages.
Find an article that identifies a change in supply and/or demand.  Use the article to fulfill the...
Find an article that identifies a change in supply and/or demand.  Use the article to fulfill the following instructions and questions: (8 points) A. Copy and paste the article into your homework assignment.  Be sure and cite your reference for where the article came from indicating the source, author, title, date, and page for the article you have chosen. B. Find one example in the article of any one of the following four possible shifts of supply or demand:        Leftward shift of the...
The concept of demand and supply
Q1) Define supply and demand. List their determinants. Q2) What is the equilibrium price and quantity in this market? If the actual price in this market were above the equilibrium price, what would drive the market toward the equilibrium? If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium? Q3) What is likely to happen to the quantity supplied of a particular cut of meat when its price rises? Express...
Please select any nursing research article from any one of the scientific journals found in the...
Please select any nursing research article from any one of the scientific journals found in the Nursing-Related Databases and Journalslist. Select an article from an area that you are interested in or from the field you are working in. The article must be a peer-reviewed research report that was published in the last 5 years. Using the article selected, construct a critique of the article, 6 to 10 pages
· read an scientific research article regarding Emergency and Intensive Care. · The research article should...
· read an scientific research article regarding Emergency and Intensive Care. · The research article should be related to nursing. · The research article should be from last five year’s publications. · A summary of the article should be prepared summary of the article and the original article should be given in this
Please use this topic for comments regarding giving credit to others for their ideas. Rule of...
Please use this topic for comments regarding giving credit to others for their ideas. Rule of Thumb When in doubt, give credit!! What are your thoughts on this. What are your thoughts on this? Do exceptions exist to this rule?
find a current article about any micro economics topic and explain the two sides of the...
find a current article about any micro economics topic and explain the two sides of the topic using micro economics theories and your evaluation of the situation.
Critique and Analysis of Supply and Demand Article Find a current event article about supply and...
Critique and Analysis of Supply and Demand Article Find a current event article about supply and demand (less than one year old). Preferably the article will be from the UCW database of newspapers and magazines or other reliable source. It need not be a complicated article nor does it necessarily have to mention the words supply and demand. However, it should be interesting to you. The purpose of this exercise is for you to demonstrate that you understand the law...
I need an article on any economic topic. You are required to find an article that...
I need an article on any economic topic. You are required to find an article that is relevant to economics and make an argument in your analysis using appropriate economic terminology. Make sure you are referencing all appropriate sources. Length 1 to 2 pages
conduct a research and find two article about the administrative laws of any two countries apart...
conduct a research and find two article about the administrative laws of any two countries apart from the united state. write the seminaries and the differnces of administrative laws of both countries... write in two double space page.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT