Econ Paper

timer Asked: Apr 10th, 2014
account_balance_wallet $60

Question description

I need a paper completed by 4pm today for my managerial economics class. I am willing to pay extra for the short notice only if the paper meets all the below standards.



1. Each student will investigate and report on a shift in either supply or demand within a major market (1200-1500 words-6-pages maximum.) Shifts in demand might be a change in consumer tastes and preferences,number of consumers in the market, income, etc. For example, following the tragedy of 9/11, consumers preferred not to fly in commercial airliners, thus drastically affecting the airline industry.  Shifts in supply are things such as changes in input costs, changes in the number of suppliers within a market, technology changes which reduce costs of productions, etc.  An example of this would be the increase in fuel prices which has significantly affected profitability of package delivery companies.  Fuel is a major input to their production process. 

2. The individual paper can be a case study which requires individual research or it can be drawn from the personal experience of the student.  The student should review and understand the chapter in the text on supply and demand prior to choosing a topic for the individual paper.

3. Each student will submit a research paper that:

a. Contains a description of the shift in either supply or demand (or both.)

b. Identifies the causes of the shift(s)

c. Describes the effects of this change on businesses within this market

1. Operational effects

2. Financial Effects

d. Describes whether these are long term or whether the effect may be transitory

e.  Summary of conclusions

Tutor Answer

UC Berkeley

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