Module 2 Assignment
Please complete this assignment and submit to instructor in proper form. Answers must be placed with
the question, after/below the question on this form.
1. Suppose that Russ has budgeted $20 a month to buy candy ba
Module 4 Assignment
1. Study Questions # 2 from end of Chapter 9
Answer in space below with SR=short-run and LR=long-run.
2. Note: Please review text material and Table 7.1 in text before doing thi
Module 3 Assignment Questions
Place your answer on this sheet only, after question.
Note: You must carry rounding to at least 3 decimal points to the right with your final answer (.003). Do not round to
less than three decimals prior to rea
Module 6 Assignment Microeconomics
Pat runs a printing shop that makes small signage. The market price is currently $1 per poster. She has fixed costs of
$250. Her variable costs are $1000 for the first thousand posters, $800 for the second thou
July 2, 2015
Weakness of the free market.
In a competitive free market environment, the interaction between buyers and firms flow
smoothly. Consumers get the most benefits since firms compete against each other to gain