Important Instructions
Please number and write out ALL questions and answers in complete sentences.
Leave a space between your question and answer.
Leave a space between each question.
Please attempt to be as neat as possible.
Cut and paste all work into e-mail. NO ATTACHMENTS!
Send the entire week's work in ONE e-mail.
Week #8 Ch. 3 and 7
Business Organizations (Worth 182 pts. Total)
Complete the Ch. 3 Study Guide (Worth 64 points).
Read Chapter 3 Section 1 "Prices as Signals" and answer Section 1 Review questions 1-6 ( worth 12 points ).
Read Chapter 3 Section 2 "How Prices Are Determined" and answer Section 2 Review questions 1-6 ( worth 12 points ).
Read Chapter 3 Section 3 "The Price System at Work" and answer Section 3 Review questions 1-5 ( worth 10 points).
To conclude our investigation into microeconomics, we pull together everything you've learned to date on supply and demand as it relates to various economic markets. This unit will focus on how producers and consumers uses prices as signals, equilibrium prices and how they're set, the impact of shortages and surpluses, and how prices affect our whole economy.
Complete the Ch. 7 Study Guide (Worth 48 points).
Read Chapter 7 Section 1 "Prices as Signals" and answer Section 1 Review questions 1-6 ( worth 12 points ).
Read Chapter 7 Section 2 "How Prices Are Determined" and answer Section 2 Review questions 1-6 ( worth 12 points ).
Read Chapter 7 Section 3 "The Price System at Work" and answer Section 3 Review questions 1-6 ( worth 12 points ).
Once you have completed all of this work ( Worth 84 points ), copy and paste your answers into ONE E-MAIL. Be sure to include your full name at the top of your e-mail and send it to haskellgs@yahoo.com .