Micro Economic| Online Assignment Help

1. O(True) or X(False)

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

( ) 1. A trade-off is a principle for market activities.

( ) 2. A manager’s salary is the opportunity cost.

( ) 3. A trade provides a division of labor.

( ) 4. The market failure always results in the negative externality.

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

( ) 5. An analysis on Trump’s tax policy is the normative analysis.

( ) 6. The demand change due to a related commodity price change is a demand law.

( ) 7. The supply change due to that input price change is a supply law.

( ) 8. The right demand shift results into an increase in equilibrium price.

( ) 9. The price down of necessity goods results in increases of both demand and total revenue.

( ) 10. The price down for long-run results in increases of both demand and total revenue.

( ) 11. A control of gasoline price results in more demand for gasoline than supply.

( ) 12. An indifference curve is a curve of 2 goods purchase not related to satisfaction.

( ) 13. A budget line is a line of 2 goods purchase with a given budget not related to prices.

( ) 14. A budget line shifts left as a budget increases.

( ) 15. The substitution effect of price change is always an inverse relationship.

( ) 16. The income effect of price change is always a positive relationship.

( ) 17. A consumer surplus is the surplus of consumption which a consumer spends for.

( ) 18. A producer surplus is the surplus of producer above the price.

( ) 19. The cost equation is not related to output prices.

( ) 20. The revenue function is related to output..

( ) 21. The export results in extra gain, while the import does not result in extra gain.

( ) 22. The Giffen goods are those whose demand decreases due to price change.

( ) 23. The labor marginal product is the labor productivity.

( ) 24. As the average product decreases, the marginal product decreases always.

( ) 25. The average product and marginal product do not cross each other.

( ) 26. When price elasticity of demand is less than 1, production increase increases revenue.

( ) 27. When price elasticity of demand is greater than 1, production decrease decreases revenue.

2. Summarize

(1) Marginal Principle

(2) Circular Flow Model

(3) Externalities

(4) Demand Elasticity for Price, Income, and Cross-Price

(5) Consumer Optimization Rule

(6) Price Change Effects on Demand in the Short-Run and Long-Run

(7) Substitution effects and income effects

(8) Total Product, Average Product, and Marginal Product

(9) Indifference curve

(10) Isoquant curve

(11) Production Possibility Frontier

(12) Consumer Surplus

online assignment help

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Web Design
Well done
Customer 452441, April 15th, 2022
Thank you so much for the great paper!
Customer 454007, May 31st, 2020
This paper is beautifully written and is above my expectations. Thank you to the writer for writing a beautiful paper and a huge thank you to the customer service team for ensuring I received an outstanding product. I want to issue a special thank you to John for not only ensuring that I received an outstanding product, but also for assisting me with the website issues that I have been having. Thank you to everyone!
Customer 452455, April 5th, 2023
Thank you for following all instructions. Good piece
Customer 463337, March 1st, 2023
IT, Web
The new writer was amazing and followed the instructions perfectly! Thank you so much for tackling all requirements on short notice and a HUGE thank you to the support team for remaining in contact with me until a resolution was received.
Customer 452455, January 13th, 2023
Well done. I just needed to rephrase a few things, but overall good.
Customer 458067, January 29th, 2022
English 101
Excellent deliverables. I love the immersive thought.
Customer 462537, April 21st, 2022
The writer did a really good job on the research.
Customer 463869, April 14th, 2023
Business and administrative studies
Great content.
Customer 462275, April 4th, 2022
Customer 462823, April 7th, 2022
Business and administrative studies
Be keen on plagiarism and grammar. Also, always follow the instructions' check-list.
Customer 453509, April 10th, 2022
Health Care
Met expectations. Thank you.
Customer 454755, June 30th, 2020
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat