Supply And Demand Paper
Jennifer Anderson
ECO/365 Principles of Microeconomics
2-1-16
Cope Norcross
SUPPLY AND DEMAND
Some example of the microeconomics is the supply and demand of the apples. The supply goes down as the demand of the apples goes up. If you have a lot of apples in demand then there will be more people wanting the apples. Another example is that you have an advertisement where the apples prevent cancer more people will buy these so they can refrain from getting cancer. If you project these then people will think it will prevent it. Many people don’t want cancer and want to eat healthy foods. This will give them more reasons to eat these.
The macroeconomics of this would be that it will help many farmers have jobs and it would also make the apple farmers stay in business. The farmers would be able to grow a big crop and would also make money for the apples that everyone is buying. Also if the farmers can grow pears and apples that would give consumers more choices. The business of the apples and pears also win because they are keeping their employees employed and don’t have to lay off because there is no work. I think this example would be both microeconomics and macroeconomics because it would help indiDvuals and also help business to make the economy grow. …show more content…
Helping indivDuals would be able to feed the families and also help the farmers who grow the apples and pears.
One supply curve would be the more of the quantity the curve would shift downwards to the right. The demand curve would be when there is a shift of the curve the curve would be to the left. The shifts are lowered because of many factors for instance quantity, demand, prices and many other factors. If the prices are high more consumers may not buy them. If the price is to low more consumers will buy them but the supply of the apples and pears may be low. Factors that may contribute to the apples and pears quantity being low is that there may be a raining season or the season may be too hot and then the SUPPLY AND DEMAND Produce may not grow. If the crop is bad then more people can’t buy the produce and then the farmers and the businesses may have to shut down because they have nothing to sell. The concepts help me because when there is more of a demand in a project then the supply gets lower. If the supply is there …show more content…
(2003). Information Technology and the Demand for Educated Workers: Disentangling the Impacts of Adoption versus Use. The Review of Economics and Statistics, 85(1), 1–8. Retrieved from http://www.jstor.org/stable/3211618
Andrei Jean Vasile, Ion Raluca Andreea, Gheorghe H. Popescu, Nica Elvira, Zaharia Marian, Implications of agricultural bioenergy crop production and prices in changing the land use paradigm—The case of Romania, Land Use Policy, Volume 50, January 2016, Pages 399-407, ISSN 0264-8377, http://dx.doi.org/10.1016/j.landusepol.2015.10.011.
(http://www.sciencedirect.com/science/article/pii/S0264837715003087)
Keywords: Land use patterns; Energy crops; Food supply; Agricultural prices; Biofuels; Food security
Ingo Zasada, Multifunctional peri-urban agriculture—A review of societal demands and the provision of goods and services by farming, Land Use Policy, Volume 28, Issue 4, October 2011, Pages 639-648, ISSN 0264-8377, http://dx.doi.org/10.1016/j.landusepol.2011.01.008.
(http://www.sciencedirect.com/science/article/pii/S0264837711000184)
Keywords: Urban fringe; Landscape functions; Multifunctionality; Diversification; Land use policy;
Jennifer Anderson
ECO/365 Principles of Microeconomics
2-1-16
Cope Norcross
SUPPLY AND DEMAND
Some example of the microeconomics is the supply and demand of the apples. The supply goes down as the demand of the apples goes up. If you have a lot of apples in demand then there will be more people wanting the apples. Another example is that you have an advertisement where the apples prevent cancer more people will buy these so they can refrain from getting cancer. If you project these then people will think it will prevent it. Many people don’t want cancer and want to eat healthy foods. This will give them more reasons to eat these.
The macroeconomics of this would be that it will help many farmers have jobs and it would also make the apple farmers stay in business. The farmers would be able to grow a big crop and would also make money for the apples that everyone is buying. Also if the farmers can grow pears and apples that would give consumers more choices. The business of the apples and pears also win because they are keeping their employees employed and don’t have to lay off because there is no work. I think this example would be both microeconomics and macroeconomics because it would help indiDvuals and also help business to make the economy grow. …show more content…
Helping indivDuals would be able to feed the families and also help the farmers who grow the apples and pears.
One supply curve would be the more of the quantity the curve would shift downwards to the right. The demand curve would be when there is a shift of the curve the curve would be to the left. The shifts are lowered because of many factors for instance quantity, demand, prices and many other factors. If the prices are high more consumers may not buy them. If the price is to low more consumers will buy them but the supply of the apples and pears may be low. Factors that may contribute to the apples and pears quantity being low is that there may be a raining season or the season may be too hot and then the SUPPLY AND DEMAND Produce may not grow. If the crop is bad then more people can’t buy the produce and then the farmers and the businesses may have to shut down because they have nothing to sell. The concepts help me because when there is more of a demand in a project then the supply gets lower. If the supply is there …show more content…
(2003). Information Technology and the Demand for Educated Workers: Disentangling the Impacts of Adoption versus Use. The Review of Economics and Statistics, 85(1), 1–8. Retrieved from http://www.jstor.org/stable/3211618
Andrei Jean Vasile, Ion Raluca Andreea, Gheorghe H. Popescu, Nica Elvira, Zaharia Marian, Implications of agricultural bioenergy crop production and prices in changing the land use paradigm—The case of Romania, Land Use Policy, Volume 50, January 2016, Pages 399-407, ISSN 0264-8377, http://dx.doi.org/10.1016/j.landusepol.2015.10.011.
(http://www.sciencedirect.com/science/article/pii/S0264837715003087)
Keywords: Land use patterns; Energy crops; Food supply; Agricultural prices; Biofuels; Food security
Ingo Zasada, Multifunctional peri-urban agriculture—A review of societal demands and the provision of goods and services by farming, Land Use Policy, Volume 28, Issue 4, October 2011, Pages 639-648, ISSN 0264-8377, http://dx.doi.org/10.1016/j.landusepol.2011.01.008.
(http://www.sciencedirect.com/science/article/pii/S0264837711000184)
Keywords: Urban fringe; Landscape functions; Multifunctionality; Diversification; Land use policy;