Which of the 10 principles do you think plays a major role in your
decision?
Provide an example for each about decision-making, interaction, and
the workings of the economy.
Explain how that influences the marginal benefits and marginal costs
associated with the decision to purchase a house.
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XECO 212 Week 1 Discussion Question 1 and 2
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Discussion Questions
DQ 1
Locate recent articles in the New York Times or Wall Street Journal in
which economists are quoted using positive and normative statements.
Provide one quote and its context for both a positive and normative
statement. Explain your choice. Evaluate the statement choices of your
fellow students.
DQ 2
Select a good that you are familiar with. What are the factors that shift
the demand curve for this good? What are the factors that shift the
supply curve for this good? How do you expect the supply and demand
of your selected good to change in the next year? Relate your
expectation to price and quantity.
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