Saturday
April 19, 2014

Posts by Ms. Jones


Total # Posts: 4

Microeconomics
Discussion Question 2 Thirty years ago, the market for chicken was perfectly competitive until Frank Perdue began marketing chicken under his name. How do you suppose Perdue created a brand name for chicken? What did he gain from doing so? What did society gain from having bra...

Microeconomics
For being such a hard worker, you are going to receive $50 to spend this weekend. How are you going to spend your $50? Explain your choices in terms of the equimarginal rule. Could your utility be changed if you were to make other spending choices? Why/why not? I am not sure a...

Microeconomics
I am having a hard time answering these questions. I just need them explained to me so that I really understand them, when I get ready to take my test. 1. How do changes in demand/supply affect prices? 2. How does a change in demand/supply affect the equilibrium price? 3. How ...

Microeconomics
What would happen if the government decided to limit the number of CD players that could be imported into the United States?

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