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Microeconomics Discussion Board Post

View the videos found in Module 2 Discussion & LearnLiberty/Stossel Videos then answer the following questions. "Why are gas prices so high?" If the price of gas were to reach $6 a gallon would the demand for bicycles increase or decrease? At even higher prices of gas, would we achieve flying cars sooner than expected? A zombie apocalypse is expected to make paper money worthless. In your opinion what would be the item with the highest relative price (the price of a good in terms of another)? Explain why? Explain how an increase in human capital (knowledge and skills acquired) would effect a change in or movement along the supply curve of bullets during the zombie apocalypse.
View the videos found in Module 2 Discussion & LearnLiberty/Stossel Videos then answer the following questions. "Why are gas prices so high?" If the price of gas were to reach $6 a gallon would the demand for bicycles increase or decrease? At even higher prices of gas, would we achieve flying cars sooner than expected? A zombie apocalypse is expected to make paper money worthless.
Assignment ID
811830
Discipline
CREATED ON
8 January 2019
COMPLETED ON
10 January 2019
Price
$40
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8 January 2019
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8 January 2019
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8 January 2019
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8 January 2019
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10 January 2019
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10 January 2019
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