ECO 205 Week 2 Assignment Supply and Demand (appendix C)
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1. Assignment: Supply and Demand
Due Date: Day 7 (Individual forum)
• Visitthe Interactive Activity: Supply and Demand Web site available on Week Two of your student Web site.
• Read the material posted about supply and demand. Explore the concepts of supply and demand by using the interactive features on the graphs. Use the questions following the diagrams to guide your exploration. Visit Parts 1, 2, & 3 of the Web site.
• Complete the matrix and answer the questions in Appendix C. Describe how changes inprice and quantity of various goods and services will affect either supply or demand
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ECO 205 Week 2 CheckPoint Industry Research Part I
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1. CheckPoint: Industry Research Part I
Due Date: Day 4 (Individual forum)
You will demonstrate information literacy through preparing and gathering information for the activity due this week. There will be four Industry Research Checkpoints that will build toward your Final Project. You will be using the same industry for each one.
• Select an industry that is affected by the economy, such as the airline, automotive, home building, or technological industry.You may pick an industry of your choice. Keep in mind that you must use the industry chosen throughout the course. Post the industry that you are using to your Individual forum, so that I know what industry you chose.
• Find at least two sources to help you answer the following questions about the industry you chose and complete the following questions:
o Summarize the articles and discuss your chosen industry in the summary.
o Define price elasticity of demand. Is the price elasticity of demand of your industry...