Determine that the laws of economics still work today, Managerial Economics

(i) Do the laws of economics still work today? (use the case discussed in class to answer this question or any other examples)

(ii) Provide examples of three factors that can shift the demand curve to the right.

(iii) Should governments be involved in price controls, such as setting the price floors or price ceilings? (explain main economic costs and benefits of such policies)

Posted Date: 3/28/2013 1:42:43 AM | Location : United States







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