University | Republic Polytechnic (RP) |
Subject | B2200C: Microeconomics Course Work |
B2200C Microeconomics Course Work, RP, Singapore: Explain the law of demand. What are the factors of demand?
Factors affecting demand
- Explain the law of demand. What are the factors of demand? How do they affect demand and the demand curve?
- Apply this understanding to your analysis of petrol in Singapore. Examine possible factors that can affect its demand.
- You should include appropriate research or examples, and make relevant assumptions.
- Use clearly labelled graph(s) to show the explanation.
Factors affecting supply
- Explain the law of supply? What are the factors of supply? How do they affect supply and the supply curve?
- Apply this understanding to your analysis of petrol in Singapore. Examine possible factors that can affect its supply.
- You should include appropriate research or examples, and make relevant assumptions.
- Use clearly labelled graph(s) to show the explanation.
Combined analysis of the impact on the market
- Explain how changes in Demand or Supply affect Equilibrium Quantity or Price.
- Apply this understanding to your analysis of petrol in Singapore.
- You should include appropriate research or examples, and make relevant assumptions.
- Use clearly labelled graph(s) to show the explanation.
Buy Custom Answer of This Assessment & Raise Your Grades
Attention, Singaporean students at Republic Polytechnic (RP)! Are you facing challenges with your FYP or group-based assignments? Do you require reliable online assignment help or a dedicated Homework Helper? Look no further! Our expert team is here to provide comprehensive support tailored to your needs. Whether you're studying B2200C: Microeconomics or any other subject, we excel in delivering high-quality assistance. Let us help you understand and explain the law of demand, as well as the factors that influence demand and shape the demand curve.
- Imagine that you are currently working for a precision medicine startup: Machine Learning Paper Review in Precision Medicine, Written Assignment 1, NUS, Singapore
- Go Business offers PSG solutions for enterprises in Singapore: Collective Intelligence and Entrepreneurship, Assignment 1, JCU, Singapore
- Design an ontology based on- Accidents can be categorised as chemical, electrical, fire, kinetic or liquid: Collective Intelligence and Entrepreneurship, Assignment 1, JCU, Singapore
- Project Control Monitoring, Assignment, HU, Singapore: Deliberate Project MONITORING AND CONTROL or PMC Identification
- DSM500: Final Project Report, Coursework 2, UOL, Singapore
- DSM080: Financial Markets, Assignment, UOL, Singapore: A grapefruit juice futures contract is for 15,000 pounds of frozen grapefruit juice
- DSM080: Financial Markets, Assignment, UOL, Singapore: The share price of a certain stock today is $42.50, and five-month European style call options with a strike price of $45 currently sell for $4.25.
- DSM080: Financial Markets, Assignment, UOL, Singapore: A trader who is working in the gold markets is able to borrow money at the interest rate of 7% per annum
- DSM080 Financial Markets, Assignment, UOL, Singapore: A dollar-based American corporation has decided that it will have to pay 6 million UK pounds in three months
- Principle of Finance Assignment, UCD, Singapore: National Gaming Inc. (National) operates the weekly lottery in the country
UP TO 15 % DISCOUNT