WEEK 6: DF – Please provide a detailed explanation of the following:
a. What is meant by “Market Equilibrium”? Will the market equilibrium price change in response to: a) Surplus and b) Shortage. Discuss
b. Will the market always reach equilibrium? Discuss.
c. Discuss why governments interfere with the market equilibrium price? And if so, Discuss and offer example
Grading Rubrics.
In your initial post, use the following grading rubrics
1. Define the terms
2. Explain the terms
3. Offer an example to further illustrate your point
4. Relate how this week’s Discussion is related to last week’s topic/assignments/material
After you have posted, remember to make at least two replies by offering some comments/recommendations/suggestions on other students DFs now that you have knowledge of the material.
Original post must be made by Friday – 8 pm. Respond to at least one other classmate by Sunday -5:00 pm by offering some comments/recommendations or suggestions now that you have some knowledge of the issue.
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