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Choose one good with which you have had experience purchasing:
New home
New car
Vacation to a theme park
Washing machine
Computer
College
Other
Write a 700- to 1,050-word paper explaining factors that affect supply and demand. Include the following:
Explain factors that could cause possible changes in supply and demand.
Determine at least two substitutes there may be for your product.
Determine at least two complements there may be for your product.
Explain how the necessity of your chosen good impacts price elasticity
Illustrate what is the present worth of the planned expenditures at an interst rate of 10% per year.
What would be benefits of action. What would be costs. How would you decide what was best level of emission reduction. Why do you think your approach would be better than others.
do you consider important to our overall economic health and are things getting better or worse? Please use real-world facts (i.e. statistics) to back up your answer.
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..
What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail
How many shares of common stock must be issued as well as at what price, to raise the required capital.
The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.
Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases.
Elucidate what would the seller's cost of capital have to be in order for the discount to be cost-justified.
Consider decision making process used by consumers as they budget their money to maximize use of their resources.
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year
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