Posts Tagged: scarcity

Icelandic Eiderdown

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to Business Insider, real eiderdown is one of the warmest natural fibers you can find, but it doesn’t come cheap; an eiderdown double duvet could cost you over $8,000. Questions: Which part of the processes do you think is most expensive? How much is produced each year? Is harvesting the down a destructive process… Read more »

Climate Change means Beer Shortage

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

In a new report, the prediction is that beer could become more scarce worldwide over the next few decades. Questions: 1. Why will beer become more scarce? 2. Beer shortages could reduce the amount Americans consume each year by how much? 3. What is the prediction about beer prices? Rice, D. (2018) Suds shortage? Warming… Read more »