Principles of economics coursework

Document Type:Coursework

Subject Area:Economics

Document 1

In the above example, it is shown that there are 1000 pounds produced by coffee and 3000 pounds of sugar. The graph is represented by Coffee Sugar 2. Assuming that there are some things which have changed, Guatemala has switched the production to some new instant coffee resistance plants. Due to this, the production of coffee will increase since the demand for coffee will go up. The new PPC will be different in that it will be much stiff than the other one because of the increase in the production. There are some changes seen on the PPC because all the immigrants' influx has allowed for the increase in employment and this is seen where there is new labor force introduced. The size in the growth of the working population assists in increasing the potential output.

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This is achieved through natural growth when the rate of birth goes beyond the rate of death through net immigration. This is seen when emigration is less than immigration (Hodges, 2018). Due to the increase in the employment level, new raw materials are discovered where key resources are discovered like the rise in the capacity of economically producing new goods. PART 2. a. The most outrageous tort case in a civil suit is that one of BALTIMORE AND OHIO RR V GOODMAN. This case describes the duty of care and it does not usually apply in the negligence case where there are some legal clear standards that give a suggestion that the plaintiff was responsible. b. References Gebhardt, K. Adaptive Learning Courseware as a Tool to Build Foundational Content Mastery: Evidence from Principles of Microeconomics.

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