Lauren Asher

Auburn University Main Campus
High School Tutor

Biography

Hi! I am Lauren Asher, a Junior at Auburn University, and I am from Dallas, Texas. I graduated from Ursuline Academy of Dallas and have lived in Texas my whole life. I was a varsity volleyball player in high school and am currently the D1 Auburn University Women's Volleyball team manager for this coming school year. I am a Communications major pursuing a double minor in Business and Spanish and will graduate in 2023. War Eagle!

Education

BA Communications
Auburn University Main Campus

Educator Statistics

Numerade tutor for 5 years
5 Students Helped

Topics Covered

How Markets Work: Understanding the Dynamics of Supply and Demand
Balancing Markets and Welfare: Striving for Equilibrium
The Economics of Labor Markets: Understanding the Dynamics
Explore Deeper: Topics for Further Study

Lauren's Textbook Answer Videos

03:22
Economics

For each pair of commodities, state which you think is the more price-elastic and give your reasons: perfume and salt; penicillin and ice cream; automobiles and automobile tires; ice cream and chocolate ice cream.

Chapter 4: Supply and Demand: Elasticity and Applications
Lauren Asher
01:48
Principles of Economics

Identify the most accurate statement. A price floor will have the largest effect if it is set:
a. substantially above the equilibrium price
b. slightly above the equilibrium price
c. slightly below the equilibrium price
d. substantially below the equilibrium price
Sketch all four of these possibilities on a demand and supply diagram to illustrate your answer.

Chapter 4: Labor and Financial Markets
Lauren Asher
02:16
Principles of Economics

A price ceiling will have the largest effect:
a. substantially below the equilibrium price
b. slightly below the equilibrium price
c. substantially above the equilibrium price
d. slightly above the equilibrium price
Sketch all four of these possibilities on a demand and supply diagram to illustrate your answer.

Chapter 4: Labor and Financial Markets
Lauren Asher
02:18
Principles of Economics

Why are the factors that shift the demand for a product different from the factors that shift the demand for labor? Why are the factors that shift the supply of a product different from those that shift the supply of labor?

Chapter 4: Labor and Financial Markets
Lauren Asher
02:13
Principles of Economics

Would you expect total utility to rise or fall with additional consumption of a good? Why?

Chapter 6: Consumer Choices
Lauren Asher
1