Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
This file of ECO 372 Week 1 Discussion Questions shows the solutions to the following problems:
1) The United States is an example of pure capitalism.2) Price ceilings and price floors have almost always been successful and seldom create a shortage or a surplus.3) I have used the concept of opportunity costs this week.4) I could explain what would happen to the price and quantity of a good or service if demand increased and supply decreased. (You do not need to quantify your response, simply use the terms increase, decrease, or it depends on the magnitude of the changes. Provide a scenario that might bring this about and use supply and demand curves for your explanation.)5) Price is a poor way of rationing scarce resources. [This question needs to be addressed both from the prospective of a consumer (demand) and a provider (supply). The text defines a scarce resource as anything that commands a price.]6) There are three types of unemployment. 7) The number one trading partners with the United States are Russia, Germany, and France.8) A firm will maximize profits or minimize losses when they produce at a point where marginal costs equal marginal revenue.9) Economic activity is not a zero sum game. Whenever trade takes place in a market without force or fraud both parties can win.10) The law of demand states that demand increases as the price goes down.11) I am optimistic about the economy over the next two years and how it will impact my organization.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more