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Microeconomics Paper (Example)

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Market Study for Computers Student Name Institution Market Study for Computers Every day computers become useful to individuals in the modern world. Some use them for studies others for work while others use them for personal plans. Personally I use my computer each day for study and social networking. There is increased demand for computers amongst students in middle level colleges as well as in universities (Zhang 2012 p. 11). This paper aims at giving an overview for the market of computers. The reflections will touch on the demand and supply as well as the possible future trends for the market. This understanding will help in knowing the factors that surround the demand and supply curve for computers. The demand for any product is always influenced by the use for the product during a specific season. Daniels and VanHoose (2014) efficiency in operation of the computers. Tablets have inbuilt internet connection and large memory space (Zhang 2012 p. 30). The difference in computer and tablet sizes makes it easier to carry the tablets. Users also demand for more efficient machines to complete assignments and complete jobs. For this reason computers will not be one of the favorites for consumers in the near future. Reference List Daniels J. P. & VanHoose D. D. (2014). Global economic issues and policies. Mason OH: Thomson/South-Western. Hirschey M. (2008). Fundamentals of managerial economics. Mason OH: Thomson/South-Western. Jin D. & Lin S. (2012). Advances in future computer and control systems. Heidelberg: Springer. Touma W. R. (2012). The dynamics of the computer industry: Modeling the supply of workstations and their components. Norwell MA: Kluwer Academic. Zhang T. (2012). Future Computer Communication Control and Automation. Springer Berlin Heidelberg. [...]

Order Description:

For Paper #1 you are required to pick a product or service you use in your everyday life and describe the market for this product. Please make sure to address the following questions: 1. What factors influence the demand for this product? What factors influence the supply of this product? 2. How have these changes in supply and demand affected the equilibrium price of this product? 3. Do you anticipate any changes to the demand and/or supply of this product in the near future? If so, what is driving these changes? Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted to Turnitin for plagiarism review. Please note that a minimum of 700 words for your essay is required.

Subject Area: Economics

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $50

Words 825

Pages 3

Completed in 1 day

Expert WRITERANN

Client Review

Incredibly impressed at the level of detail put into this paper. Fingers crossed the professor will like it, I certainly did

Positive
06.30.2016

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