[SOLVED] Answer the following question using the example below then I will need a reply on another post

I’m studying for my Economics class and need an explanation.

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[SOLVED] Answer the following question using the example below then I will need a reply on another post
Get a 15% Discount on this Paper
Order Now

Please tell us about a price that you think is too high or too low. Keeping in mind what we learned in this chapter, that the price is the result of the interactions of supply and demand, please use supply and demand to explain why the price is strange, and what causes it to be so.

Attached is the post I need a reply on: Please also comment on the response of at least one classmate. About 50 words long

Here is an example of great work; do not pick smart phones for your example:

Every time I see new model of phone come out, I notice a year or so later you can still buy the phone new, but the price is lower. The main reason for this is that there are new models out (substitutes), which makes a given model from the year before less attractive. This would be modeled by the demand for the phone shifting left because it is less attractive. At the same time, the company that makes it isn’t expecting to be able to sell as many, so they don’t produce as many at a given price, which could be modeled by a leftward shift in supply. Since both curves are shifting left, but the price falls, it must be that the shift in demand is greater than the shift in supply.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyCoursebay
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Criminal Justice
Excellent Work!!!
Customer 452587, March 10th, 2022
Nursing
This is great! Thank you
Customer 452679, December 16th, 2021
Nursing
Thank you for the great job and timely delivery.
Customer 452457, December 18th, 2020
Social Work and Human Services
Awesome, Work! Didn't have to add much to it. Thank You!
Customer 452587, September 7th, 2021
Social Work and Human Services
Excellent Work!
Customer 452587, August 24th, 2021
Nursing
Great writing! Really appreciate your help!
Customer 452503, April 22nd, 2021
Education
Thank you so much
Customer 452631, October 5th, 2021
Mental Wellness
The skilled writer did a good job. I will add a few more details. Thank you, great job...
Customer 452547, June 17th, 2021
Other
great
Customer 452813, July 5th, 2022
Nursing
Thank you MyCoursebay team for your support. With your help I got an A for my past courses
Customer 452635, May 7th, 2022
Other
great
Customer 452813, June 30th, 2022
Nursing
Everything was done perfectly. Thank you.
Customer 452707, June 15th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Order your essay today and save 30% with the discount code ESSAYHELP

NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now