Demand under perfect competition

Assignment # 8

Econ 101: Principles of Microeconomics Chapter 10 Due date: Sunday, 15 April at 11:30 p.m.

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Q.#1 Write an article composed of introduction, a body with three  paragraphs and a conclusion. The introduction should introduce the main  ideas in the box (Box 6.2 Demand under perfect competition: firm and industry on page 128), (Box 6.4 Who benefits and loses from changes in input costs? on page 136)and the case (1.Cocoa:‘the food…’on page 143).

The first paragraph of the body should discuss the main idea of (Box  6.2 Demand under perfect competition: firm and industry on page 128).  The second paragraph of the body should discuss the main idea of (Box  6.4Whobenefitsand loses from changes in input costs?on page 136)while  the third paragraph of the body should discuss the main idea of the  case(1.Cocoa:‘the food…’on page 143).

Finally, the conclusion should summarize your opinions about the ideas you discussed in the body.

Your article should not include Graphs, numbers and/or equations.  Also, you should use the writing practices you learned in the English  courses at the uni.

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