Micro Economics Archives - walloptutors https://walloptutors.blog/category/micro-economics/ A+ writing Service. Sat, 01 Jun 2024 18:29:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.6 233282827 You should have read about market systems as well as changes in demand and suppl https://walloptutors.blog/you-should-have-read-about-market-systems-as-well-as-changes-in-demand-and-suppl/?utm_source=rss&utm_medium=rss&utm_campaign=you-should-have-read-about-market-systems-as-well-as-changes-in-demand-and-suppl Sat, 01 Jun 2024 18:29:58 +0000 https://walloptutors.blog/?p=1755007 You should have read about market systems as well as changes in demand and supply and the causes for such changes. Often technological changes have such a huge impact on society that these changes...

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]]> You should have read about market systems as well as changes in demand and supply and the causes for such changes. Often technological changes have such a huge impact on society that these changes are referred to as disruptors. There has been a lot of focus on electronic vehicles and self-driving cars. Do you think that either one or both of these can become disruptors? If so, what markets would they impact and in what capacity (think in terms of changes in supply and demand)? If they are not disruptors, explain ( in terms of supply and demand) the impact they are having on markets. Cite at least 2 sources in your answer.
The war in Ukraine has been credited with rising oil prices globally. Explain the validity of this assertion in terms of externalities. Cite at least 2 sources in your answer.

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