Microeconomics

ECN 2110 Week 2 Discussion 3 | Assignment Help | Baker CollegePrice ControlsWhy do economists consider price controls, including price floors (e.g., for agricultural products) and price ceilings (e.g., rent control) a bad idea?Use textbook and YouTube as references. Review prior posts to avoid repetition. Choose subsequent questions in this thread. Posts must advance learning. Research topic before composing post. Interact with colleagues. Use re

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

ECN 2110 Week 2 Discussion 2 | Assignment Help | Baker CollegeElasticitySelect a product or service and discuss your subjective estimate of its price elasticity of demand. Is it highly elastic or inelastic, unitary elastic, etc.? Why?Use textbook and YouTube as references. Review prior posts to avoid repetition. Choose subsequent questions in this thread. Posts must advance learning. Research topic before composing post. Interact with colleagues.

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

ECN 2110 Week 2 Discussion 1 | Assignment Help | Baker CollegeDemand For A Product vs Demand For LaborWhy are factors that shift the demand for a product different from the factors that shift the demand for labor? Review Chapter 4 in textbook before composing response. Review prior posts in thread to avoid repetition. Respond to subsequent questions in the thread. Interact with colleagues by responding to their posts. Use textbook as a ref

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

ECN 2110 Week 1 Quiz| Assignment Help | Baker CollegeModule 1A QuizQuestion 1In countries like _____________ the command economy predominates.o China and Vietnam o Cuba and North Korea o South Africa and Kenya o Germany and FranceQuestion 2In the first chapter of The Wealth of Nations, Smith introduces the idea of the __________, which means the way in which the work required to produce a good or service is divided into a number of tasks that are

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

ECN 2110 Week 1 Discussion 3 | Assignment Help | Baker CollegeProduction PossibilitiesThe following link is to a video on the production possibilities frontier and allocative efficiency and choices society makes.Class, what insights did you gain from listening to it?Class, add value in each post by reading the text and ruminating on the topic. Avoid repeating what others have stated on the topic. Your post should expand the discussion and advance

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

ECN 2110 Week 1 Discussion 2 | Assignment Help | Baker CollegeEconomic ModelsWhat are economic models? How do businesses, consumers, and policy makers, as well as economists, use them? What are possible limitations of models?Interact with colleagues by responding to their posts with new insights. Research topic using textbook, library resources and YouTube.com videos. Review prior posts in thread to avoid repetition. Respond to subsequent posts i

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

ECN 2110 Week 1 Discussion 1 | Assignment Help | Baker CollegeDifference Between A Change in Demand & A Change in Quantity DemandedClass, what is the difference between a 'change in demand' and a 'change in quantity demanded' of a product?Interact with colleagues by responding to their posts with new insights. Research topic using textbook, library resources and YouTube.com videos. Review prior posts in thread to avoid repetition. Respond to

8 Accounting & Economics Assignment Help / Microeconomics Baker College / ECN 2110 18 Mar 2021

A recent Supreme Court outcome is discussed in Edward Wyatt, “Supreme Court Lets Regulators Sue Over Generic Drug Deals”, New York Times, June 17, 2013. (Documents at the end) After reading these articles: 1. Explain how a patent creates a kind of monopoly and what benefits a patent conveys to the owner. 2. Explain what happens in a market when patent protection for a technology runs out. 3. Explain the effects of pay–for–delay actions on prod

16 Accounting & Economics Assignment Help / Microeconomics Washington State University / ECONS101 18 Nov 2020