Potato Topography Lab

61.

Potato Topography Lab questions
1. Describe the major features of the potato mountain system as shown in your topographic map. For each feature, explain how you know what it is from the map. Are there peaks? If so, how high are they? Are there valleys? If so, how long are they and how deep are they compared to the surrounding sides? If present, how high are any cliffs?

2. . How can you tell if a slope is shallow? Are any ends of the potato mountain system shallow? If so, which directions?

3. . How can you tell if a slope is steep? Are any ends of the potato mountain system steep? If so, which directions?

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62.
Elasticity
Principles of Economics Assignments
Here are five values for different types of elasticity. (The numbers have been calculated for each case/market using the elasticity methods from your textbook.) Assume that prices rose by 10% in the calculations for the price elasticity of demand and also in the calculations for the cross price elasticity of demand. Also assume that income rose by 10% for the income elasticity of demand calculations.

1. Price Elasticity of Demand is -0.5.
2. Cross Price Elasticity of Demand is -0.5.
3. Cross Price Elasticity of Demand is 0.8.
4. Income Elasticity of Demand is -2.
5. Income Elasticity of Demand is 1.

In a multi-paragraph essay (min of 2 pages, single-spaced) explain what each type of elasticity is trying to measure and what these numbers predict in each case.

Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing.

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