Expert answer:econ paper

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homework__6_due_october_23th.docx

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Homework # 6.
Submit your answers on a one page, printed document, submitted by you, in
class.
Format: Single space, twelve point font, one inch margins.
Your full name and UB person id should be on the top of the page.
Use the entire page.
No handwritten homework’s.
Late homework’s shall not be accepted.
Assignment:
Page 214 & 215 of Parkin’s 12th Edition of Microeconomics discusses Paper books
vs. e-Books.
Discuss:
1) The concept of best affordable point as it relates to the two goods.
2) How do indifference curves impact choices?
3) What happens to the budget line when the prices for e-Books fall?
Make sure you:
1) Introduce your topic.
2) Answer the questions.
3) Conclude and summarize your thought(s) on the subject.

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