Economics Homework Help

I’m working on a economics discussion question and need an explanation and answer to help me learn.

Discussion Questions:

Initial Post:

1. Choose a company to use for this discussion. The company can be a U.S. firm, or a firm from any country that is easily researchable using Internet search engines. You may use the same company that you have used in previous discussions, or you may choose a different company.
2. Identify the name of the firm, and provide a brief description of the goods and/or services that the firm produces.
3. Choose one product (good or service) that the firm provides, and base your responses to the questions below on that product.
   1. Describe how the price changes of the firm’s product can signal value for producers/sellers or consumers/buyers, using the company you researched.
   2. What would an increase/decrease in the company’s product price say to competitors?
   3. What would an increase/decrease in the company’s product price say to consumers?
   4. What role would technology play in increasing/decreasing firm prices?

For each discussion forum, you will create a new thread to respond substantively to each question or directive that makes up the discussion forum.

• This thread will serve as your initial post, and it is due by Thursday of each module week.
• Be sure to label or number your responses to coincide with each section of your response in the forum to add clarity and distinct insights for each response (tip: copy/paste the questions into your response box, then add your response below)

• A complete initial post (for all sections combined; not for each section) should contain at least a minimum of 3-5 sentences for each concepts in the prompt, and should contain proper spelling and grammar. All work must be in your own words.