User Account

All Pages

What price trends have you noticed over the last few years

Assignment Help Microeconomics
Reference no: EM132239845

Assignment: Details: Please use your own experiences and the knowledge you have gained from this week's readings to answer the following topics and questions. You may also use information that you find in the textbook, AIU's library or the Internet to support your discussion. Make sure you use economic concepts in your main contribution.

Think of items that you have purchased in a market:

• Big ticket items like a house, or an apartment rental, or a car;

• Or ordinary items in your weekly budget, like coffee, tea, gasoline, bread, Milk, etc.

You can consider some of the following questions in your contribution.

1. What price trends have you noticed over the last few years? Do the prices fluctuate? Have prices increased or decreased?

2. How would you use what you have learned concerning Supply and Demand to explain these trends?

3. Have there ever been any shortages or surpluses? How would you explain that?

Reference no: EM132239845

Questions Cloud

What are the social policies Dreze and Sen emphasize : According to Sen and Dreze, development is a means, not and end. The goal of development is an overall increase in human well-being, both social and economic.
How would you target them and recruit them : What steps you would put in place to make the organizational culture friendlier and more inclusive for people with disabilities?
What is the value of nick consumer surplus : ECON2333 Nick can purchase each milkshake for $2. For the first milkshake purchased Nick is willing to pay $4, for the second milkshake $3.
Change and culture : Identify a change that you implemented or was implemented at an organization with which you are familiar.
What price trends have you noticed over the last few years : What price trends have you noticed over the last few years? Do the prices fluctuate? Have prices increased or decreased? Have there ever been any shortages?
Define the opportunity cost of getting your degree : Define the opportunity cost of getting your degree by analyzing what steps and economic factors a potential student must make when choosing to pursue.
Research budget variances for healthcare organizations : Research budget variances for healthcare organizations on the internet or library.
Describe the general types of ANOVA designs : Below are general types of ANOVA designs we will be reading about in this module. The differences in methodology are based on experimental design.
Clinically oriented problem or issue in future practice : Clinically oriented problem or issue in future practice - problem, issue, suggestion, initiative, or educational need profiled in the capstone change proposal

Reviews

Write a Review

Microeconomics Questions & Answers

  Bonferroni procedure for multiple testing

Question 1. Describe the Bonferroni procedure for multiple testing

  Develop an interest rate swap in which both alpha and beta

alpha and beta companies can borrow at the following

  Examine the pricing structure and modify it to maximize

Some businesses will examine their pricing structure and modify it in order to maximize revenue, either by raising or lowering the price. For some organizations, lowering prices might be an effective means for increasing revenue.

  As a result management can be more responsive to the

a department store attempts to gain a competitive advantage by empowering its salespeople in the cosmetics department

  Healthy-unhealthy food affect marginal utility per dollar

Normal 0 false false false EN-US X-NONE X-NONE How does the introduction o..

  Create a realistic budget for the program

Create a realistic budget for the program. Use applicable research in preparing the budget

  How much did this work out per worker

In the Silicon Valley hiring case (News, p. 374), attorneys for the 64,000 plaintiffs asked for $3 billion in damages. How much did this work out per worker?

  What is velocity if the money stock equals

Real GDP equals 5000, nominal GDP equals 10,000 and the price level equals 2, then what is velocity if the money stock equals 2000?

  What is equilibrium wage differential btwn safe nd risky job

Suppose there are 100 workers in the economy in which all workers must choose to work a risky or a safe job. Worker 1's reservation price for accepting the risky job is $1; worker 2's reservation price is $2, and so on. Because of technological re..

  Why might you want to control for other factors in model

Suppose you can collect random samples of the driving-age population in both states, for 1985 and 1990. Let arrest be a binary variable equal to unity if a person was arrested for drunk driving during the year.

  Explain disincentive and its purpose what change in

1. describe s disincentive and its purpose. what change in behaviors or choices was incentives designed to achieve?2.

  Costs of production and market-structure characteristics

Given the costs of production and market-structure characteristics, analyze how the dem functions under (a) perfect completion and (b) imperfect competition. They will each drive a different approach for maximizing profit and allocation of resources.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd