Explain the ten Principles of Economics and How Markets Work.

Order Description

As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper about current microeconomic thought and theory.

Use Principles of Microeconomics, Chs. 1, 2, 3, 4, 5, and 6, as the source for all your information.

Identify the fundamental lessons the Ten Principles of Economics teach about:
How people make decisions
How people interact
How the economy as a whole works
Explain the following to help the committee members understand how markets work:
How society manages its scarce resources and benefits from economic interdependence
Why the demand curve slopes downward and the supply curve slopes upward
Where is the point of equilibrium and what does it determine?
The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices
Explanation of concepts and theories requires examples and evidence.
Currently 3 writers are viewing this order

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total:

Order Management

15%
get 15% discount on your first order code:first15

Premium Service

  • 100% Custom papers
  • Any delivery date
  • 100% Confidentiality
  • 24/7 Customer support
  • The finest writers & editors
  • No hidden charges
  • No resale promise

Format and Features

  • Approx. 275 words / page
  • All paper formats (APA, MLA, Harvard, Chicago/Turabian)
  • Font: 12 point Arial/Times New Roman
  • Double and single spacing
  • FREE bibliography page
  • FREE title page

0% Plagiarism

We take all due measures in order to avoid plagiarisms in papers. We have strict fines policy towards those writers who use plagiarisms and members of QAD make sure that papers are original.


Last Completed Projects

# topic title discipline academic level pages delivered
6
Writer's choice
Business
University
2
1 hour 32 min
7
Wise Approach to
Philosophy
College
2
2 hours 19 min
8
1980's and 1990
History
College
3
2 hours 20 min
9
pick the best topic
Finance
School
2
2 hours 27 min
10
finance for leisure
Finance
University
12
2 hours 36 min
© 2015 researchteam