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Homework economics help much appreciated?
10-15-2012, 08:29 PM
Post: #1
Homework economics help much appreciated?
For each situation determine the effect of the described event on supply, demand, and the equilibrium price and quantity within the appropriate markets. For each subquestion you will have four answers. Assume everything else is held constant within the market except what is described and that the competitive markets adhere to the Law of Demand and Law of Supply.

A. Individual preferences for Facebook usage has increased. What happens in the market for Facebook?

B. Technology improves for renewable power sources. What happens in the market for renewable energy?

C. Income decreases due to the recession. What happens to the boat market assuming boats are normal goods?

D. Government passes a tax on soda that producers must pay. This increases the costs of producing soda. What happens in the market for Soda?

E. Technology for e-readers improves. Assume books and e-readers are substitutes. What happens in the market for books?

F. The cost of microchips, an input and component in Kindles, decrease. At the same time population increases. What happens in the market for Kindles?

G. The number of photographers increase and number of high-quality printing locations decrease. What happens in the market for high-quality prints?

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10-15-2012, 08:37 PM
Post: #2
 
helping with homework is one thing. doing it for you is another.

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10-15-2012, 08:37 PM
Post: #3
 
This is the poly ticks section

There is no logic, brains, or help to be found in this cesspool.
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10-15-2012, 08:37 PM
Post: #4
 
ww3 will happen soon. america and israel will attack iran. russia will be forced to attack georgia and turkey. 90% of american population will die. china will attack russia. nato will fight russia. russia will go to egypt. greeks will fight chinese. angels will help greeks."healthy" zombies are those who go into ufos to be healed by demons. antichrist is born to a jewish generational prostitute. antichrist is possessed by satan since he's 12 years old. he's surrounded by demons who appear as angels of light. antichrist resembles "billy" from saw movie (without the bike, but flies). antichrist will rule from 3rd temple. antichrist's mark is 666 tattoo by lasers given with plastic card. demons ride in ufos. http://www.youtube.com/watch?v=QYZ49eCro2E reject new documents, chips, tattoos, and non-biblical teachings. go hide in a village with 7-15 people per house to escape getting chipped and lasered.
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