1 / 4

ECO 365 GUIDE Best education--eco365guide.com

FOR MORE CLASSES VISIT<br>www.eco365guide.com<br>ECO 365 Week 2 Apply Market Dynamics and Efficiency Homework Review the Week 2 Market Dynamics and Efficiency Quiz in preparation for this assignment. Complete the Week 2 Market Dynamics and Efficiency Homework in McGraw-Hill Connect®. These are randomized questions. Note: You have only one attempt available to complete assignments. Grades must be transferred manually to eCampus by your instructor. Don’t worry, this might happen after the due date. The demand and supply schedules for sunscreen

akshita10
Download Presentation

ECO 365 GUIDE Best education--eco365guide.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ECO 365 Week 2 Apply Market Dynamics and Efficiency Homework FOR MORE CLASSES VISIT www.eco365guide.com ECO 365 Week 2 Apply Market Dynamics and Efficiency Homework Review the Week 2 Market Dynamics and Efficiency Quiz in preparation for this assignment. Complete the Week 2 Market Dynamics and Efficiency Homework in McGraw-Hill Connect®. These are randomized questions. Note: You have only one attempt available to complete assignments. Grades must be transferred manually to eCampus by your instructor. Don’t worry, this might happen after the due date. The demand and supply schedules for sunscreen at a small beach are shown below. Market for Sunscreen Price (dollars per bottle) Quantity of Sunscreen Demanded (bottles) Quantity of Sunscreen Supplied (bottles) $35 1,000 8,500 30 2,000 5,500 20 4,000 4,000 15 5,000 Instructions: Enter your answers as a whole number. ============================================== ECO 365 Week 2 Practice: Market Dynamics and Efficiency Quiz 7,000 25 3,000 2,500 10 6,000 1,000 FOR MORE CLASSES VISIT www.eco365guide.com

  2. ECO 365 Week 2 Practice: Market Dynamics and Efficiency Quiz Complete the Week 2 Market Dynamics and Efficiency Quiz in McGraw-Hill Connect®. These are randomized questions. Note: You have unlimited attempts available to complete practice assignments. The highest scored attempt will be recorded. These assignments have earlier due dates, so plan accordingly. Grades must be transferred manually to eCampus by your instructor. Don’t worry, this might happen after the due date. The monthly demand and supply schedules for new cars at a large California dealership are shown in the table below. Market for New Cars Price (dollars) Quantity of Cars Demanded Quantity of Cars Supplied $30,000 0 250 25,000 200 15,000 300 175 10,000 is currently charging $25,000 for a new car, at the end of the month there will be: a shortage of 125 cars. a surplus of 5,000 cars. a surplus of 125 cars. a shortage of 5,000 cars. neither a surplus nor a shortage; the market will be in equilibrium. The demand and supply schedules for sunscreen at a small beach are shown below. ============================================== ECO 365 Week 3 Apply: Elasticity and Consumer Choice Homework 100 225 20,000 400 150 If the dealership 200 FOR MORE CLASSES VISIT www.eco365guide.com ECO 365 Week 3 Apply: Elasticity and Consumer Choice Homework Review the Week 3 Elasticity and Consumer Choice Quiz in preparation for this assignment. Complete the Week 3 Elasticity and Consumer Choice Homework in McGraw-Hill Connect®. These are randomized questions. Note: You have only one attempt available to complete

  3. assignments. Grades must be transferred manually to eCampus by your instructor. Don’t worry, this might happen after the due date. Which of the following scenarios would lead to a decrease in the demand for labor at Stephanie’s earring shop? Labor productivity increases.  The cost of capital (a substitute for labor) decreases.  The price of earrings increases.  The wage rate increases. Which of the following scenarios would lead to an increase in the demand for mixers at Henry’s bread bakery? The market price of mixers decreases. ============================================== ECO 365 Week 3 Practice: Elasticity and Consumer Choice Quiz FOR MORE CLASSES VISIT www.eco365guide.com ECO 365 Week 3 Practice: Elasticity and Consumer Choice Quiz Complete the Week 3 Elasticity and Consumer Choice Quiz in McGraw- Hill Connect®. These are randomized questions. Note: You have unlimited attempts available to complete practice assignments. The highest scored attempt will be recorded. These assignments have earlier due dates, so plan accordingly. Grades must be transferred manually to eCampus by your instructor. Don’t worry, this might happen after the due date. Which of the following scenarios would lead to a decrease in the demand for labor at Stephanie’s earring shop? Labor productivity increases. The cost of capital (a substitute for labor) decreases. The price of earrings increases. The wage rate increases. Which of the following scenarios would lead to an increase in the demand for mixers at Henry’s bread bakery? The market price of mixers decreases.  The productivity of mixers decreases.  The wage rate of labor (a substitute for capital) decreases.  The market price of bread increases. Henry bakes

  4. loaves of bread, which he sells for $4 each. He is considering purchasing additional mixers (capital) for his bakery. ==============================================

More Related