econ314 one discussion and one homework

This Discussion Board is graded based upon your ability to relate Chapters # 10 and # 11: “Competitive Markets” to the topic(s) under discussion: “4. Perfect Competition and Inelastic Demand: Can the farmer make profit?”and/or “5. Economic Efficiency: What’s Price Control?” the level to which you support your point with specific examples and your writing.

Discussion Board # 6 requires that you make two postings to this forum. Click on the website http://www.learner.org/resources/series79.html and watch the video(s): “4. Perfect Competition and Inelastic Demand: Can the farmer make profit?”and/or “5. Economic Efficiency: What’s Price Control?” The first video presents the inside story of American farming’s crises from the 1920s to the present. The second video discusses rent control in New York City and explains the effect of wage and price controls in a free market economy.

Express your view in a post of at least 100 words and at most 200 words. Then read the postings of other students and select one to respond to (at least 50 words and at most 100 words).

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