Submitted by: Submitted by deankay
Views: 453
Words: 2567
Pages: 11
Category: Business and Industry
Date Submitted: 04/02/2012 12:59 PM
Title Page
Name:
Class Code and Name: GM545- Business Economics
Date: 03-12-2012
Table of Contents
Title Page 1
1.0 Local gasoline prices 4
1.1 Why gas prices fluctuate 4
1.2 Supply 4
1.3 Demand 4
2.0 Global effects on gas price 5
3.0 US gas price and effects 6
3.1 Local gas prices 6
4.0 Below is a graphical representation comparing gas prices in New York, New Jersey and the national average. 7
Charts 7
4.01 Tabular presentation of comparisons of gas prices in New York and the national levels. 7
Gasoline Average Prices 7
5.0 A chart representing the average retail price of gas in New York for one month 8
6.0 Below is a chart showing global prices of crude oil, which is a determinant of gasoline prices. 9
6.01 A dollar for dollar comparison between crude oil and gasoline. 9
7.0 Chapter 3 question 15 10
What is the likely impact of these two events on food prices in the United States? 10
7.1 Chapter 8 (11) 10
Do you think the Internet has helped create more competitive markets or less? Why? 10
Appendices 13
Appendix A: 4.0 13
Graphical representation comparing gas prices in New York, New Jersey and the national average. 13
Appendix B: 4.01 13
Tabular presentation of comparisons of gas prices in New York and the national levels. 13
Appendix C: 5.0 13
A chart representing the average retail price of gas in New York for one month 13
Appendix D: 5.01 13
Below is a chart showing global prices of crude oil, which is a determinant of gasoline prices. 13
Appendix E: 6.01 13
A dollar for dollar comparison between crude oil and gasoline. 13
Reference Page 14
1.0 Local gasoline prices
Gasoline prices in Staten Island have risen from $2.30 to $4.00 over the last 12 months with varied price fluctuations in between, depending on the part of the part of the Island you happen to buy. Nationally, it is...