Economics homework | Economics homework help


 [Hint:  Demand shifters are listed on pages 105-111 of your text. Supply shifters are covered on pages 116-119.




IS: Sexton, R. L. (2013). Exploring Economics (6th ed.). South-Western Cengage Learning.


1.Using the demand curve shifters (PYNTE), explain whether each of the following will increase or decrease demand for cell phones.  Tell whether the demand curve shifts to the right or to the left.


a.  A decrease in the incomes of consumers of cell phones.


b.  An increase in the price of apps for cell phones.


c.  An increase in the number of consumers in the market for cell phones.


2.Using the supply curve shifters (SPEND) explain whether each of the following will increase or decrease the supply of cell phones.  Tell whether the supply curve shifts to the right or to the left.


a.  The market price of the glass used in cell phone screens increases.


b.  The number of firm that make cell phones increases.


c.  Cell phone manufacturers expect the market price of cell phones to increase next month.


3. Read the following article regarding Cap and Trade policies.

a.  What is a good or service market that might be affected limiting pollution via the cap and trade policy as described in the article?  Explain. 


[For simplicity, do not choose “jobs” or employment.  Choose a good or service that would have its supply or demand affected by the cap and trade policy.]


b.  Which of the shifters that shift either supply or demand (SPEND or PYNTE) does a Cap and Trade policy affect in the market you chose in Part (a)?  Which curve (supply or demand) would shift in response to the policy?  Will it increase or decrease?


c.  Draw a supply and demand graph.  Start with an initial equilibrium like you see on Slide #25 in the Attend section.  Shift the curve in the direction that you chose in the previous section.  Find the new equilibrium.  (You do not need to turn in your graph.  It is for your own use.)


Did equilibrium price increase or decrease?  Did equilibrium quantity increase or decrease?




Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.