Select Page

Assignment Helpers

Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

ECO 550

ECO 550

Economists use the elasticity of demand in two ways. Sometimes we are talking about the market demand curve, for example the market for automobiles. At other times we are talking about the firm’s demand curve, such as the demand curve for Ford Motors. And sometimes we might even want to talk about the demand for ‘Your Friendly Ford Dealer,’ the one in your neighborhood.

Pick an industry, the one in which you work or the one in which you aspire to work. Using Sal’s scheme for identifying the type of market, is the industry perfectly competitive; monopolistic competitive; an oligopoly; or a monopoly?

Is the demand curve for the good or service relatively elastic, unitary elastic, or relatively inelastic?

Now pick a firm within the industry. Is the firm’s demand curve relatively elastic, unitary elastic, or relatively inelastic? How does elasticity effect the firm’s control over its price?

Remarks:  The response must be detailed and answer the primary question and subpart of the primary question.  Write clearly, concisely, use proper grammar and writing mechanics. You must use APA format and cite (2) references.

Students are often burdened with the task of writing essays. They need to master various academic topics, understand how to integrate facts and arguments, and organize all of this information in a clear and logical way. This is not an easy task for many students. But fear not! We’ve got your back. Here at, we offer professional academic help that can take on all these tasks on your behalf. All you need to do is fill out the Order form with your paper’s details, and we will get started on it right away!

Click Here to get this paper done within your deadline 

Can't find what you are looking for?

Post your question on and get help from one of our expert tutors in topics ranging from mathematics to rocket science!