Wk1 Michael Smith

A doctoral student has just completed a study for her dissertation  and found the following demand and supply schedules for hand held  computers to be as follows:
   (the chart is attached)

Using Microsoft Excel, draw a graph illustrating the supply and demand in this market.
What is the equilibrium Price and Quantity in the market?
Now suppose the government imposes a special tax on these computers.  Describe what would happen in this market in terms of the supply and  demand curve.
 Disregard the new tax in part three. Now assume that the government  imposes a price ceiling of $100 in this market, as a result of protests  of price gouging by the sellers. What would happen to the price and  quantity in this market?
Disregard the events of part four. Assume that the manufacturers of  this product lobby the government’s lawmakers, in terms of this product  being an essential for college students but they are considering halting  production due to the lack of profits. The lawmakers agree and now set a  price floor at $150. What would happen in this market?
If consumers’ expectations were such that they were concerned about  the economy and jobs, what would you think would happen in this market?

Compose your solutions to this assignment in a report as a MS Word document.  
This assignment requires you to create a chart in Microsoft Excel. In  order to accomplish that, you will need to enter the data in an Excel  worksheet, and then use Excel to graph the data. Copy the graph from  your Excel worksheet and paste it into your MS Word document along with  any explanations or discussion, in-text citations if required, and  responses to the list of the questions asked in this assignment.
Do not upload the Excel worksheet to the Submissions Area.  The chart you create in Excel must be copied and pasted into a Word document.
To review tutorials about using Microsoft Excel, please click on the tutorial link at the top of this page. The lynda.com link you will find there contains many helpful MS Excel tutorials.

Order your essay today and save 20% with the discount code: ESSAYHELP

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more