ECO 365 Week 1 Ten Principles of Economics and How Markets Work | eBooks | Education

ECO 365 Week 1 Ten Principles of Economics and How Markets Work

ECO 365 Week 1 Ten Principles of Economics and How Markets Work PLDZ-2271 Instant Download Price
In Stock
$ 9.99 USD
UopTutorialStore
Buy and Download Description

ECO 365 Week 1 Ten Principles of Economics and How Markets Work

https://uopcourses.com/category/eco-365/

ECO 365 Week 1 Ten Principles of Economics and How Markets Work

 

As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper about current microeconomic thought and theory.

Use Principles of Microeconomics, Chs. 1, 2, 3, 4, 5, and 6, as the source for all your information.

Identify the fundamental lessons the Ten Principles of Economics teach about:

 

 

 

    • How people make decisions

 

 

    • How people interact

 

 

    • How the economy as a whole works

 

 

 

Explain the following to help the committee members understand how markets work:

 

 

 

    • How society manages its scarce resources and benefits from economic interdependence

 

 

    • Why the demand curve slopes downward and the supply curve slopes upward

 

 

    • Where is the point of equilibrium and what does it determine?

 

 

    • The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices

 

 

 

Format consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

ECO 365 Week 1 Ten Principles of Economics and How Markets Work https://uopcourses.com/category/eco-365/ ECO 365 Week 1 Ten Principles of Economics and How Markets Work As part of a marketing research committee for your organization, you have b
Recent Reviews Be the first to Review this product!
0 0 0 0 reviews