@ConnorAdams___@Econ_Sport_Prof This is an interesting real world example, I wonder though if it will truly take over. Hydrogen cars are more efficient than gasoline cars and were introduced at one time, the nation didn't have the infrastructure to support it though and there are very few now.
@ConnorAdams___ @lyndseyspaethh @Econ_Sport_Prof Housing has become a very competitive market in recent years however prices have gone up drastically since the pandemic because material costs have risen greatly.
@drewwhit06101 @Econ_Sport_Prof Businesses relaxing their requirements in an attempt to find work should begin level the pay gap as businesses are willing to pay more in wages to less qualified employees.
@Shawn9072@Econ_Sport_Prof Very relevant to all american citizens. Will the supply catch up quickly when there are enough drivers or will the supply chain be stuck for long period of time?
I understand that getting people vaccinated is a priority but the method and timing are flawed. Forcing people to vaccinate will only anger the american people. These truckers are showing their disapproval and their value as the refuse the mandate and threaten the supply chain.
If businesses run out of the capital they need to produce and sell their goods because they can't get more, people will lose their jobs. And those same people who have no flow of income will have to pay higher prices than ever for the products they need to live.
Empty supermarket shelves. Ships backed up at ports. Plants waiting on new parts.
The supply chain crisis isn't getting better. It's getting worse — and it threatens to take down the global economy with it. https://t.co/onl0iJ9b9U
Clearly the supply shortages are caused by the pandemic if the world as a whole is struggling to meet demand. Costs to produce are rising so now is when goods become a lot more expensive.
Big businesses will continue to monopolize these markets if they can produce at lower costs. This perfectly captures the effectiveness of economies of scale.@Econ_Sport_Prof#UCCEcon
Small retailers and manufacturers, already crushed by large national brands during the pandemic, are being disproportionately walloped by delays, shortages and other supply chain disruptions ahead of the holidays. https://t.co/27Hh5IPcKq
Small retailers and manufacturers, already crushed by large national brands during the pandemic, are being disproportionately walloped by delays, shortages and other supply chain disruptions ahead of the holidays. https://t.co/27Hh5IPcKq