100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ECN 361 DQ 1 & 2 Participation & Responses, Topic 2 - 8 (Package Deal) $140.48   Add to cart

Package deal

ECN 361 DQ 1 & 2 Participation & Responses, Topic 2 - 8 (Package Deal)

ECN 361 DQ 1 & 2 Participation & Responses, Topic 2 - 8 (Package Deal)

14 items

ECN 361 Topic 2 DQ 1 Participation & Responses

(0)
$19.99

Topic 2 DQ 1: Explain the difference between change in quantity demanded and shift in demand. What causes change in quantity demanded? What causes a shift in demand?

View example

ECN 361 Topic 2 DQ 2 Participation & Responses

(0)
$19.99

Topic 2 DQ 2: Adam and Barb go to the store to purchase some lottery tickets. Without looking at the price, Adam says, "I’ll take 10 lottery tickets," and Barb says, "I’ll take $10 worth of lottery tickets." What is each person’s price elasticity of demand for lottery tickets? Explain yo...

View example

ECN 361 Topic 3 DQ 1 Participation & Responses

(0)
$19.99

Topic 3 DQ 1: Consider the market for white athletic socks, which consumers consider to be identical products. If the demand is very elastic and the supply is very inelastic, how would the burden of a new tax on athletic socks be shared between consumers and producers? What if the situation were r...

View example

ECN 361 Topic 3 DQ 2 Participation & Responses

(0)
$19.99

Topic 3 DQ 2: Does the United States' labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in the textbook. Which seems more convincing to you?Explain your answer.

View example

ECN 361 Topic 4 DQ 1 Participation & Responses

(0)
$19.99

Topic 4DQ1 The creation of knowledge is a public good. Because knowledge is a public good, profit-seeking firms tend to free-ride on the knowledge created by others and, as a result, devote too few resources to the creation of knowledge. How does the U.S. government correct for this apparent market...

View example

ECN 361 Topic 4 DQ 2 Participation & Responses

(0)
$19.99

Topic 4DQ2 The Coase theorem suggests that efficient solutions to externalities can be determined through bargaining. Under what circumstances will private bargaining fail to produce a solution? Explain your answer.

View example

ECN 361 Topic 5 DQ 1 Participation & Responses

(0)
$19.99

Topic 5 DQ 1 List and briefly explain each of the four properties of indifference curves. Provide an example where you have made a buying decision based on one or more of these properties. Justify your answer.

View example

ECN 361 Topic 5 DQ 2 Participation & Responses

(0)
$19.99

ECN Topic 5 DQ 2 Evaluate the following statement: "Warren Buffet is one of richest people in the world. He doesn't face any constraint on his ability to purchase commodities he wants." Do you agree with this statement? Why or why not?

View example

ECN 361 Topic 6 DQ 1 Participation & Responses

(0)
$19.99

ECN Topic 6 DQ 1 Suppose that a small family farm sold its output for $100,000 in a given year. The familyspent $25,000 on fuel; $40,000 on seed, fertilizer, and pesticides; and $25,000 on equipment, including maintenance. The family members could have earned $20,000 working at other occupations. W...

View example

ECN 361 Topic 6 DQ 2 Participation & Responses

(0)
$19.99

Topic 6 DQ2 News reports from the western United States occasionally report incidents of cattle ranchers slaughtering many newborn calves and burying them in mass graves rather than transporting them to markets. Assuming that this is rational behavior by profit-maximizing "firms," explain what ec...

View example

ECN 361 Topic 7 DQ 1 Participation & Responses

(0)
$19.99

ECN Topic 7 DQ 1 In many college towns, private independent bookstores typically locate on the periphery of the college campus. However, in some college towns, the university has used political power to restrict private bookstores near campus through community zoning laws. Use your knowledge o...

View example

ECN 361 Topic 7 DQ 2 Participation & Responses

(0)
$19.99

ECN Topic 7 DQ 2 In markets where the government imposes an excise tax on unit sales, it also has a tendency to dabble with restrictions on advertising (for example, cigarettes and hard liquor). Do potential (or actual) restrictions on advertising in these markets serve the interest of a gove...

View example

ECN 361 Topic 8 DQ 1 Participation & Responses

(0)
$19.99

ECN Topic 8 DQ 1 Using the theory of wage determination, explain why wages in developing countries, where levels of capital are small, are typically quite low.

View example

ECN 361 Topic 8 DQ 2 Participation & Responses

(0)
$19.99

ECN Topic 8 DQ 2 In the 1980s, the dangerous Ebola virus entered the United States through contaminated monkeys that were imported for use in medical experiments. Suppose this virus had not been contained but had spread to the general population. Assume that the virus is lethal in half of the ...

View example
avatar-seller
KnowledgeBase

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller KnowledgeBase. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $140.48. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82215 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$279.86 $140.48
  • (0)
  Add to cart