{"id":174100,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/ten-principles-of-economics-and-how-markets-work-4"},"modified":"2018-10-24T09:35:08","modified_gmt":"2018-10-24T09:35:08","slug":"ten-principles-of-economics-and-how-markets-work-4","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/ten-principles-of-economics-and-how-markets-work-4\/","title":{"rendered":"Ten Principles of Economics and How Markets Work"},"content":{"rendered":"<p>Ten Principles of Economics and How Markets Work<\/p>\n<p>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.<\/p>\n<p><b>Use<\/b>&nbsp;<i>Principles of Microeconomics<\/i>, Chs. 1, 2, 3, 4, 5, and 6, as the source for all your information.<\/p>\n<p><b>Identify<\/b>&nbsp;the fundamental lessons the Ten Principles of Economics teach about:<\/p>\n<ul>\n<li>How people make decisions<\/li>\n<li>How people interact<\/li>\n<li>How the economy as a whole works<\/li>\n<\/ul>\n<p><b>Explain<\/b>&nbsp;the following to help the committee members understand how markets work:<\/p>\n<ul>\n<li>How society manages its scarce resources and benefits from economic interdependence<\/li>\n<li>Why the demand curve slopes downward and the supply curve slopes upward<\/li>\n<li>Where is the point of equilibrium and what does it determine?<\/li>\n<li>The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices<\/li>\n<\/ul>\n<p><b>Format<\/b>&nbsp;consistent with APA guidelines.<\/p>\n<p><b>Click&nbsp;<\/b>the Assignment Files tab to submit your assignment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ten Principles of Economics and How Markets Work 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&nbsp;Principles of Microeconomics, Chs. <a href=\"https:\/\/www.benedictsol.com\/blogs\/ten-principles-of-economics-and-how-markets-work-4\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-174100","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/174100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=174100"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/174100\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=174100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=174100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=174100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}