Supply and Demand 1. Supply-demand theoretical questions:• What is a demand schedule? What is the quantity demanded?• What is a shift in the demand (curve)?• Again, shift in demand: What happens when the price of a substitutegood increases?• How does the market demand curve differ from an individual demandcurve?2. Explain how the following factors will […]
Category Archives: Economics
Describe and analyze the change in demand for these 4 reasons
Law of demand Describe and analyze the change in demand for these 4 reasons 1.The many different incomes in the market 2.The number of consumers in the market 3.Expectations of the consumers 4.Price of related good Use simple straight forward language in the Essay
Explain If the load leaves store B, the cost of the unit transported to store C is $2, to store D is $4, and to store E is $9.
Topic: Module 7 Assignment: Linear Programming (Oct 9) A company wants to minimize the cost of transporting its product from its warehouses (2) to its stores (3). If the load leaves store A, the cost of the unit transported to store C is $8, to store D is $6, and to store E is $3.Explain […]
How the state’s economic structure has been changing, whether it is in the service or manufacturing sectors.
Module 8: Discussion: Spatial Regression Spatial Regression Review the lecture ECON_760_M8, then discuss your results of spatial regression, whether convergence is met or not. In your discussion, mention the firms in that state that create disparities in space if convergence is not met. Also, indicate how the state’s economic structure has been changing, whether it […]
Describe the theoretical model: Tell the readers about the theoretical models to structure the empirical work.
Something on technology 1. Write the introduction: Introduce your econometrics topic and tell the audience why it’s crucial. Also, include a thesis statement summarizing the entire paper. 2. Describe the theoretical model: Tell the readers about the theoretical models to structure the empirical work. 3. Present the data: Describe the data, whether time series or […]
, identify two areas that you feel the site and videos helped you understand more thoroughly.
Topic: Understanding Elasticity Watch videos on the following Khan Academy Page: https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial (Links to an external site.) Then, identify two areas that you feel the site and videos helped you understand more thoroughly. In a two-page paper APA formatted paper, explain what you learned, and apply it to something current in the microeconomic climate that […]
Choose five countries and their exchange rates for the US dollar price in terms of the domestic currency
Choose five countries and their exchange rates for the US dollar price in terms of the domestic currency Construction and Analysis of a Purchasing Power Parity Index (PPP) Choose five countries and their exchange rates for the US dollar price in terms of the domestic currency. Choose 1 product (or service) marketed in each […]
Identify each of the following quotes as being associated with either the concept of the invisible hand or the concept of cre-ative destruction. L02.4
Indicate whether each of the following statements applies to microeconomics or macroeconomics. L01.3 The unemployment rate in the United States was 3.7 percent in December 2018. A U.S. software firm laid off 15 workers last month and transferred the work to India. An unexpected freeze in central Florida reduced the citrus crop and caused the […]
What do economists mean when they say “Price floors and ceil-ings stifle the rationing function of prices and distort resource allocation”? L03.8
Read chapters 1, 2, & 3 and answer Discussion Questions Chapter 1: 1 & 7, Chapter 2: 1 & 10, Chapter 3: 1, 3, & 7 What is an opportunity cost? Flow does the idea relate V: the definition of economics? Which of the following decisions would entail the greater opportunity cost. allocating a square […]
Explain the model you intend to estimate and the functional form you intend to use.
Something on technology 1. Write the introduction: Introduce your econometrics topic and tell the audience why it’s crucial. Also, include a thesis statement summarizing the entire paper. 2. Describe the theoretical model: Tell the readers about the theoretical models to structure the empirical work. 3. Present the data: Describe the data, whether time series or […]
