Question: #1 Explain why a demand curve will shift. Explain why a supply curve will shift. What are the differences between quantity demanded and demand? Provide
#1
- Explain why a demand curve will shift.
- Explain why a supply curve will shift.
- What are the differences between quantity demanded and demand?
- Provide examples from your personal or professional life where you believe a demand curve shifted and when you believed a supply curve shifted.
- utilize unique wording
- Be sure to reference your sources.
#2
In your opinion, please explain what was the most important technological innovation in the last twenty years.
- Why do you think it was the most important technology innovation?
- What was the demand for this technology innovation?
- How has this technology innovation been supplied to the consumers?
- How has the law of demand affected this technology innovation?
- Explain if there was equilibrium in supply and demand for the technology innovation.
- If there has not been equilibrium in supply and demand for the technology innovation, then discuss what can be done to reach equilibrium.
#3
Research an article within the last 12 months about minimum wages or rent controls. Provide a summary in your own words what the article is about by providing the important highlights.
- How has the minimum wages or rent controls effected the economy of the country?
- Explain what the minimum wage is an example of.
- Explain what rent controls are an example of.
- Discuss if you think the government should be involved in establishing laws for setting the minimum wages or rent controls.
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