Michelle is unemployed because she doesn't have the technology skills
needed in the current job market.
Mikhal just moved with his family from Miami to Chicago and is looking
Chip lost his job due to a massive slowdown in the economy and cannot
find a job in the current recession.
Linda lost her job in manufacturing due to her company moving all
manufacturing out of the country.
The Conference Board Consumer Confidence Index
The S & P 500
The unemployment rate
The quantity sold of the good will increase.
Consumers pay more of the tax than producers.
Producers pay more of the tax than consumers.
The price of the good will increase.
closer investor scrutiny of CEO pay
greater CEO involvement in "green initiatives"
CEOs deciding what type of stock options to issue their executive
CEO involvement in selection of mutual funds in which to place their
Symbols are used to guide the process map.
It is used to document processes.
It is an established procedure, developed in the 1930s.
It is a pictorial representation of a process.
Farmers unaware of market price for cotton
A tax on imported cotton that raises the price of cotton for consumers
Pesticide used to keep cotton free of insects makes people sick
One international corporation with a monopoly on cotton seed
Insurance is more readily available to consumers.
Damage caused by weather-related disasters has increased.
Insurance claims have been turned over to government committees.
Emissions gasses have decreased.
a private good that is non-rivalrous
a public good that is excludable
a private good that is excludable
a public good that is non-rivalrous
Change in industry composition