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Business Economics Assignment Sample PDF

   

Added on  2021-06-16

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Running head: ECONOMICS OF BUSINESSEconomics for businessName of the student:Name of the University:Author note
Business Economics Assignment Sample PDF_1

ECONOMICS OF BUSINESS1Table of ContentsIntroduction:...............................................................................................................................2Review of the elected article:.....................................................................................................2The economic explanation of the nominated article:.................................................................3Recommendation:......................................................................................................................4Conclusion:................................................................................................................................5References:.................................................................................................................................6
Business Economics Assignment Sample PDF_2

ECONOMICS OF BUSINESS2Introduction: Australian agricultural sector is one of the important sector of the economy thatprovides 11% of the country’s GDP (Sheng et al. 2015). Recently it has been found that theagricultural sector of the Australia has been going through the boom session depending uponits actively performing livestock industry and through the high production of the nuts (Gray2018). Though the economy of the Australia is mainly based on the business, mining andservice sector, however agricultural sector possess moderate amount of importance. Underthis situation this, report is aimed to analyse a recent article in this regard through utilisingthe economic tool like supply and demand. Through analysing, this report will providevarious recommendations for the embracing the present situation of the agricultural sector infuture days and to conclude it will provide a summarised overview of its findings. Review of the elected article:This report is meant to analyse a selected article utilising the supply and demandframework, which is based on the Australian natural resource. For this purpose, this reporthas chosen the report from the Sydney Morning Herald that entails with the help of the nuts,Australian agricultural sector has possess record tumble to the industry (Cheshire 2016).Though analysing the report, it has been found that the agricultural sector of the economy hasgrown at 8.3% annual rate during the last year and it has been expected that the agriculturalsector will reach the targeted 68.3 billion dollar with its high growth rate nuts (Gray 2018).Among many reason, according to the selected article nut production has helped theagricultural sector to a large extent to face the recent boom. Not only this, the report alsoentails, with the rise of the agricultural industry, it has employed more than 325,000employees depending the upon their level of expertise (Sippel 2015) As the report highlights,there has been high amount of nut export and if the state continues is present endeavour, then
Business Economics Assignment Sample PDF_3

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