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

  1. Explain why a demand curve will shift.
  2. Explain why a supply curve will shift.
  3. What are the differences between quantity demanded and demand?
  4. Provide examples from your personal or professional life where you believe a demand curve shifted and when you believed a supply curve shifted.
    1. utilize unique wording
    2. 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.

PLEASE UTILIZE A P A format

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