Discussion Question:

Choose one of the two questions listed below and respond in your main post, following the instructions below. Main posts should be at least 150 words and include at least one APA formatted source. Reply to two other colleague's posts with a minimum 50-word response.

1.Market Equilibrium - Chapter 3

When market equilibrium occurs, quantity demanded is equal to quantity supplied, which means that both sellers and buyers get what they want.

Does a market reach market equilibrium on its own, or is it necessary to have some sort of regulator to manage the price and ensure there is equilibrium?

2.Marginal Utility - Chapter 6

Would you expect Marginal Utility to rise or fall with additional consumption of a good? Why? Provide one or two examples.