Ecn 361 topic 2 dq - Study guides, Class notes & Summaries
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ECN 361 Topic 2 DQ 2 Participation & Responses
- Other • 4 pages • 2023
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Topic 2 DQ 2: 
Adam and Barb go to the store to purchase some lottery tickets. Without looking at the price, Adam says, "I’ll take 10 lottery tickets," and Barb says, "I’ll take $10 worth of lottery tickets." What is each person’s price elasticity of demand for lottery tickets? Explain your answer
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ECN 361 Topic 2 DQ 3
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Topic 2 DQ 3: 
Suppose a farmer knows that he will be able to harvest and sell 3,000 bushels of wheat. Would he prefer a market in which conditions are favorable and most farmers harvest large crops or a market in which conditions are unfavorable and many farmers harvest small crops? Why?
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ECN 361 Topic 2 DQ 1 Participation & Responses
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Topic 2 DQ 1: 
Explain the difference between change in quantity demanded and shift in demand. What causes change in quantity demanded? What causes a shift in demand?
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ECN 361 Topic 2 DQ 2 Participation & Responses
- Other • 4 pages • 2023
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ECN 361 Topic 2 DQ 2 Participation & Responses
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ECN 361 Topic 2 DQ 2 Participation & Responses
- Other • 4 pages • 2023
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ECN 361 Topic 2 DQ 2 Participation & Responses
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ECN 361 Topic 2 DQ 2 Participation & Responses Grand Canyon
- Other • 4 pages • 2023
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Topic 2 DQ 2: 
Adam and Barb go to the store to purchase some lottery tickets. Without looking at the price, Adam says, "I’ll take 10 lottery tickets," and Barb says, "I’ll take $10 worth of lottery tickets." What is each person’s price elasticity of demand for lottery tickets? Explain your answer
-
ECN 361 Topic 2 DQ 1 Participation & Responses
- Other • 3 pages • 2023
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ECN 361 Topic 2 DQ 1 Participation & Responses
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ECN 361 Topic 2 DQ 1 Participation & Responses
- Other • 3 pages • 2023
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ECN 361 Topic 2 DQ 1 Participation & Responses
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ECN 361 Topic 2 DQ 3
- Other • 2 pages • 2023
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ECN 361 Topic 2 DQ 3
- Other • 2 pages • 2023
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- $16.49
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