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I think that loss aversion is natural for most of the human beings to express because of the fear of accepting failures publicly. Moreover, loss aversion can be damaging to the professional and person...

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This week, our team completed the related project activity of finalizing the project question that we will build our PowerPoints on. Our team chose question number 8: “What frameworks or approaches sh...

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Chapter 2 Written Assignment

Chapter 2 Written Assignment

Q Chapter 2 Written Assignment Principles of Supply and Demand Introduction This written report will demonstrate your understanding of the principles of supply and demand. Steps 1. Go online and search for a chart of oil prices for the last few years. 2. Answer the following questions: a. Why does the price of oil fluctuate so greatly? b. What will happen as more and more people in India and China decide to buy automobiles? c. What would happen if most US consumers decided to buy electric cars? Why? Requirements Based on the information you have gathered, write a 1-page business report answering each question and provide details/examples to support your answers. Please remember that business reports use block formatting, have a Title, Introduction, Information, Summary and Works Cited sections (Refer to posted examples in Modules). Also business writing is clear and concise. Further, please state the question and then underneath place your response. When your report is complete, please submit to the appropriate Assignment link provided. All responses will be run through TurnItIn to check for plagiarism. PreviousNext

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Intro: It was the middle of December and one of the worst winters of the decade. The house became frigid when the heater suddenly stopped warming the house. Upon checking the propane tank, the dial was on zero, it was completely empty. It was the dead of winter, I quickly called the propane company to come fill the tank. I was so grateful to have a warm house again; until the bill came. I purchased 200 gallons of propane that summer for half the price of the bill they just left me this winter. Nonetheless, I was glad to have a warm house, but I sure did pay the price.