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This assignment focuses on demand, supply, and equilibrium. Let’s start with the basics. Begin your essay by providing the following information.• Explain the difference between a movement along demand and supply curves and a shift of demand and supply curves.• What...
Another important measure of how an economy is performing is the unemployment rate, but there is more to the unemployment rate than just the headline rate reported on the news. In particular, we are going to look at the U3 rate (the Headline rate), the U6...
Compare the classical economic theory that was used prior to the Great Depression to the Keynesian theory used after the Great Depression. Your response must be at least 200 words in length.
Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, a shift in neither curve, or a shift in both curves. If a shift is caused, indicate which curve shifts, and in which...
Describe the competitive strategic approach of your venture. Will your venture compete through cost leadership, differentiation, or through a niche or focus approach? To make this decision, you must articulate what you do very clearly, and you must...
Discuss your pricing strategy. You should decide what form of pricing strategy you are using (value, prestige, cost plus, etc.), and you should provide a price schedule for your product and service lines. Explain where your products and services fit within...
