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AP Micro Economics, Free Response Questions, please read the questions carefully and answer each question (4 in total) 150+ words in addition to a or multiple well drawn graphs, this assignment is due in the evening of 11/13/2019

Date Posted: 13/11/2019
Category: Economics
Due Date: 13/11/2019
Instruction
As mentioned above, please answer each question with 150+ words and a single or multiple graphs. The end result should be 600+ words with 5 graphs(preferably). One graph should be dedicated to explaining the concepts of supply and demand elasticity with respect to the cell phone market One graph should be used to illustrate the tax burden on soft drinks for both consumer and producers, and who will pay the heavier burden. One graph should be drawn to illustrate the effects of the quota on cellphones. One graph should be used to illustrate marginal utility, while another to illustrate total utility, these graphs should be side by side. (please use the soda as the example) For question one (elastic demand and supply), please include the equation of how to solve for price elasticity of supply and demand to help explain the basic concepts. Question one is split up into 2 sub-questions. This assignment is due in the 8PM PST, November 13. If you have any questions, feel free to message me.
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    aggrey | Nov 13, 2019, 07:29 AM
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    exclusivewriter | Nov 13, 2019, 07:33 AM
  • Hello, can you send me maybe question 1 and 2 in 8 hours? So I can check your work and make sure you are not misunderstanding anything and everything is on the right tract. I am very worried that the graphs may not be up to standard (they should resemble something you see on an AP Econ textbook)
    User_24552 | Nov 13, 2019, 07:34 AM
  • Okay I will do that
    exclusivewriter | Nov 13, 2019, 07:36 AM
  • Hi, are the first 2 questions finished?
    User_24552 | Nov 13, 2019, 17:08 PM
  • Dear client, this is to notify you that I have finished the project and its up for review. Please remember to release the funds and rate me 10 stars. Kindly remember to clear the funds. Thank you
    exclusivewriter | Nov 13, 2019, 17:42 PM
  • Hello, you forgot to answer this section: Explain the basic concepts of supply and demand elasticity with reference to the cell phone market. I believe you somewhat explained it using taxes of soda, but I would like an individual paragraph about concepts of supply and demand elasticity solely based on the cell phone market (such as demand curve for phones, especially Apple phones are inelastic/elastic because...) without any government interferences such as tax.
    User_24552 | Nov 13, 2019, 19:56 PM
  • Otherwise, everything else is fine :)
    User_24552 | Nov 13, 2019, 19:56 PM
  • Okay, let me fix
    exclusivewriter | Nov 13, 2019, 20:02 PM
  • Hello, when will the edited version be uploaded?
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