PinnedXanconconiThe exponential growth of compound interestFunctions and Finance:Jul 3, 20231Jul 3, 20231
XanconconiWhy the UK and France are using congestion zone charging to reduce the use of motor vehicles in…Governments may employ congestion zone charging to reduce motor vehicle use in city centres such as London and Paris. The economic concept…Apr 8Apr 8
XanconconiThe Role Government Intervention in EconomicsIn economics, market intervention refers to the actions taken by governments to influence the allocation of resources and the distribution…Feb 29Feb 29
XanconconiHow effective is the nudge theory in helping consumers make better choices?Nudge theory is a form of choice architecture in behavioral economics, where the aim is for producers to influence consumers decisions…Jan 28Jan 28
XanconconiinScience For LifeThe Melting of Ice Caps ExplainedWhy are the ice caps melting?Jan 42Jan 42
XanconconiWhy the PED for primary commodities has a lower value than manufactured productsIn economics, the price elasticity of demand (PED) measures the responsiveness of the quantity demanded to a change in price. It varies…Dec 16, 2023Dec 16, 2023
XanconconiPrice mechanism and an increase in the supply of airplanes across America!In economics, the price mechanism is a fundamental concept that refers to the way prices in a market system allocate resources. It is based…Dec 9, 2023Dec 9, 2023
XanconconiWhat causes a firm's supply curve to shift to the left in economics?In economics, a supply curve represents the relationship between the price of a good and the quantity of that good a firm is willing and…Dec 3, 2023Dec 3, 2023
XanconconiWhy surplus is actually a good thing in economicsTo address the economic idea of resource allocation, it is crucial to first understand the concepts of consumer surplus and producer…Nov 20, 2023Nov 20, 2023