Discussion Economics - 275 Words

Discussion: Economics (Coursework Sample) Content: Discussion 4NameInstructorCourseDateOne of the most notable obstacles is drought, which has reduced the overall production of corn by 30% thus hindering the efficiency that was being experienced in the market. The opportunity cost of ethanol in terms of bushels of corn equals to the amount of corn that was used for food purposes. It follows that 6 million bushel represents the opportunity cost of ethanol in the year 2010. After the mandate that required 50% of corn for the production of corn, the opportunity cost in 2011 was 3.5 million bushels. This is because the overall production reduced from 10 million in 2010 to 7 million in 2011 thus providing a 30% decrease.The market was efficient before the mandate where the demand and supply of corn for both food and ethanol purposes seemed to be in equilibrium. The farmers were able to satisfy the divergent needs of the users of these products unlike after the mandate where there were shortages in terms of corn being alloc ated to food. Components that meet efficient allocation are where the demand and supply for corn are catered for effectively. This is without tendencies of rationing that are brought about by supply deficits that have been caused by the drought and substantial increase in the demand for ethanol production.A government subsidy of $0.99 per gallon will decrease the cost of production thus leading to increased demand for corn. Producers of ethanol shall be pressurized to increase their production capacities since the consumers will be encouraged to purchase additional gallons. It shall affect the product possibility frontier in the sense that there shall be an increased allocation of corn to the production of ethanol while there shall be a reduction of the amount set aside for food purposes.The action that ca...

Discussion Economics - 275 Words

Discussion: Economics (Coursework Sample) Content: Discussion 4NameInstructorCourseDateOne of the most notable obstacles is drought, which has reduced the overall production of corn by 30% thus hindering the efficiency that was being experienced in the market. The opportunity cost of ethanol in terms of bushels of corn equals to the amount of corn that was used for food purposes. It follows that 6 million bushel represents the opportunity cost of ethanol in the year 2010. After the mandate that required 50% of corn for the production of corn, the opportunity cost in 2011 was 3.5 million bushels. This is because the overall production reduced from 10 million in 2010 to 7 million in 2011 thus providing a 30% decrease.The market was efficient before the mandate where the demand and supply of corn for both food and ethanol purposes seemed to be in equilibrium. The farmers were able to satisfy the divergent needs of the users of these products unlike after the mandate where there were shortages in terms of corn being alloc ated to food. Components that meet efficient allocation are where the demand and supply for corn are catered for effectively. This is without tendencies of rationing that are brought about by supply deficits that have been caused by the drought and substantial increase in the demand for ethanol production.A government subsidy of $0.99 per gallon will decrease the cost of production thus leading to increased demand for corn. Producers of ethanol shall be pressurized to increase their production capacities since the consumers will be encouraged to purchase additional gallons. It shall affect the product possibility frontier in the sense that there shall be an increased allocation of corn to the production of ethanol while there shall be a reduction of the amount set aside for food purposes.The action that ca...

Discussion Economics - 275 Words

Discussion: Economics (Coursework Sample) Content: Discussion 4NameInstructorCourseDateOne of the most notable obstacles is drought, which has reduced the overall production of corn by 30% thus hindering the efficiency that was being experienced in the market. The opportunity cost of ethanol in terms of bushels of corn equals to the amount of corn that was used for food purposes. It follows that 6 million bushel represents the opportunity cost of ethanol in the year 2010. After the mandate that required 50% of corn for the production of corn, the opportunity cost in 2011 was 3.5 million bushels. This is because the overall production reduced from 10 million in 2010 to 7 million in 2011 thus providing a 30% decrease.The market was efficient before the mandate where the demand and supply of corn for both food and ethanol purposes seemed to be in equilibrium. The farmers were able to satisfy the divergent needs of the users of these products unlike after the mandate where there were shortages in terms of corn being alloc ated to food. Components that meet efficient allocation are where the demand and supply for corn are catered for effectively. This is without tendencies of rationing that are brought about by supply deficits that have been caused by the drought and substantial increase in the demand for ethanol production.A government subsidy of $0.99 per gallon will decrease the cost of production thus leading to increased demand for corn. Producers of ethanol shall be pressurized to increase their production capacities since the consumers will be encouraged to purchase additional gallons. It shall affect the product possibility frontier in the sense that there shall be an increased allocation of corn to the production of ethanol while there shall be a reduction of the amount set aside for food purposes.The action that ca...

Discussion Economics - 275 Words

Discussion: Economics (Coursework Sample) Content: Discussion 4NameInstructorCourseDateOne of the most notable obstacles is drought, which has reduced the overall production of corn by 30% thus hindering the efficiency that was being experienced in the market. The opportunity cost of ethanol in terms of bushels of corn equals to the amount of corn that was used for food purposes. It follows that 6 million bushel represents the opportunity cost of ethanol in the year 2010. After the mandate that required 50% of corn for the production of corn, the opportunity cost in 2011 was 3.5 million bushels. This is because the overall production reduced from 10 million in 2010 to 7 million in 2011 thus providing a 30% decrease.The market was efficient before the mandate where the demand and supply of corn for both food and ethanol purposes seemed to be in equilibrium. The farmers were able to satisfy the divergent needs of the users of these products unlike after the mandate where there were shortages in terms of corn being alloc ated to food. Components that meet efficient allocation are where the demand and supply for corn are catered for effectively. This is without tendencies of rationing that are brought about by supply deficits that have been caused by the drought and substantial increase in the demand for ethanol production.A government subsidy of $0.99 per gallon will decrease the cost of production thus leading to increased demand for corn. Producers of ethanol shall be pressurized to increase their production capacities since the consumers will be encouraged to purchase additional gallons. It shall affect the product possibility frontier in the sense that there shall be an increased allocation of corn to the production of ethanol while there shall be a reduction of the amount set aside for food purposes.The action that ca...

Discussion Economics - 275 Words

Discussion: Economics (Coursework Sample) Content: Discussion 4NameInstructorCourseDateOne of the most notable obstacles is drought, which has reduced the overall production of corn by 30% thus hindering the efficiency that was being experienced in the market. The opportunity cost of ethanol in terms of bushels of corn equals to the amount of corn that was used for food purposes. It follows that 6 million bushel represents the opportunity cost of ethanol in the year 2010. After the mandate that required 50% of corn for the production of corn, the opportunity cost in 2011 was 3.5 million bushels. This is because the overall production reduced from 10 million in 2010 to 7 million in 2011 thus providing a 30% decrease.The market was efficient before the mandate where the demand and supply of corn for both food and ethanol purposes seemed to be in equilibrium. The farmers were able to satisfy the divergent needs of the users of these products unlike after the mandate where there were shortages in terms of corn being alloc ated to food. Components that meet efficient allocation are where the demand and supply for corn are catered for effectively. This is without tendencies of rationing that are brought about by supply deficits that have been caused by the drought and substantial increase in the demand for ethanol production.A government subsidy of $0.99 per gallon will decrease the cost of production thus leading to increased demand for corn. Producers of ethanol shall be pressurized to increase their production capacities since the consumers will be encouraged to purchase additional gallons. It shall affect the product possibility frontier in the sense that there shall be an increased allocation of corn to the production of ethanol while there shall be a reduction of the amount set aside for food purposes.The action that ca...

Discussion Economics - 275 Words

Discussion: Economics (Coursework Sample) Content: Discussion 4NameInstructorCourseDateOne of the most notable obstacles is drought, which has reduced the overall production of corn by 30% thus hindering the efficiency that was being experienced in the market. The opportunity cost of ethanol in terms of bushels of corn equals to the amount of corn that was used for food purposes. It follows that 6 million bushel represents the opportunity cost of ethanol in the year 2010. After the mandate that required 50% of corn for the production of corn, the opportunity cost in 2011 was 3.5 million bushels. This is because the overall production reduced from 10 million in 2010 to 7 million in 2011 thus providing a 30% decrease.The market was efficient before the mandate where the demand and supply of corn for both food and ethanol purposes seemed to be in equilibrium. The farmers were able to satisfy the divergent needs of the users of these products unlike after the mandate where there were shortages in terms of corn being alloc ated to food. Components that meet efficient allocation are where the demand and supply for corn are catered for effectively. This is without tendencies of rationing that are brought about by supply deficits that have been caused by the drought and substantial increase in the demand for ethanol production.A government subsidy of $0.99 per gallon will decrease the cost of production thus leading to increased demand for corn. Producers of ethanol shall be pressurized to increase their production capacities since the consumers will be encouraged to purchase additional gallons. It shall affect the product possibility frontier in the sense that there shall be an increased allocation of corn to the production of ethanol while there shall be a reduction of the amount set aside for food purposes.The action that ca...

Medieval And Modern Ethics - 1745 Words

Medieval and Modern Ethics Does morality come into question when a decision needs to be made on an ethical level? Upon reviewing the situation the person begins to dig deep inside themselves to understand the situation from a personal level, and after taking everything into consideration they then form a conclusion. In addition the men who based their choices on sound mind and considered all things ethical made moral apparent. The question that is being raised is asking how would Thomas Aquinas, Martin Luther King, Jr., David Hume, and Nel Noddings handle the situation of turning children away. In the light of the question being so complex I plan on explaining first Thomas Aquinas and where he stood on the matter of morality, then I†¦show more content†¦A habit is defined as a practice that is hard to give up to compare the two would mean Aquinas believed that natural law is hard for men to part with. Aquinas believed that natural law was the same for all men, he did not think that each man had a diff erent set of beliefs that governed himself consequently, we must say that the natural law, as to the first common principles is the same for all....(Marino 129). Aquinas was considered a godly man, and his reasoning was associated closely with Christianity. Additionally, Aquinas did not feel that man could self govern he felt that man putting faith in God would allow sound decisions to come forth. In the manner of the morally right response to the topic, I feel Aquinas would advise me to give the children up to the police. Of course Aquinas is a man of faith and you would like to believe that he would want the kids to be safe in the attic. However, I feel that Aquinas would remind me that it is a sin to lie and deceive the police officers. Although it is morally wrong to give the children over to the police officers to possibly die, Aquinas would state that it is equally wrong to put my family in danger and stop the police from only