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Homework No. 3

Class on Microeconomics based on "principles of Economics" seventh edition by N. Gregory Mankiw Homework No 3: DUE DATE September 6 1. Write a paragraph for each explaining what is likely to happen to milk prices if : a. There is a surplus of milk. b. The milk producers launch an ad campaign to increase the demand for milk. c. Producers increase milk production. 2. If rental movies and the movie theater are substitute goods what will happen to the market of rental movies if the movie tickets get cheaper? Use a graph. Explain 3. If there is an increase in the price of sugar what will happen to the market of doughnuts? Use a graph. Explain Videos Go to my website: https://sites.google.com/site/econferrufino/home and see the information on Microeconomics “supply and demand”.
Class on Microeconomics based on "principles of Economics" seventh edition by N. Gregory Mankiw Homework No 3: DUE DATE September 6 1. Write a paragraph for each explaining what is likely to happen to milk prices if : a. There is a surplus of milk. b. The milk producers launch an ad campaign to increase the demand for milk. c. Producers increase milk production. 2.
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Assignment ID
38706
Discipline
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CREATED ON
August 24, 2016
COMPLETED ON
August 26, 2016
Price
$40
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