Economics of Enterprise Answers

Determine the effect upon equilibrium price and quantity sold if the following changes occur in a particular market:

In the rural farming town of York Springs, Smith's was the only grocery store and Lehman's was the only animal feed mill. How would you describe these businesses?

hi i'm am trying to answer these two questions
1. A consumer splits their income equally between two goods. If the price of one good increases by 10% and their income increases by 5%, show that the consumer’s optimal consumption bundle will change despite them being able to afford their original bundle.

2. When estimating a demand function, explain why fitting a line of best fit through observed price and quantity combinations over time is not likely to yield good estimates.

however i cant seem to understand how to draw the graphs and explain them. so i will like to get the graphs for the first question with explainations which is 2 equilibrium graphs and the goodsX AND Y have to be normal and substitutes showing the old and new position of the graph after the income increase and price increase and the second question a basic demand curve but as a scatter graph. thanks

please help
Select a public limited company of your choice which has some degree of market power.essay of 2400 words or fewer, evaluate the pricing strategies it employs for its core product/business in order to increase its market share and profitability within its industry.You will need to build up a case study based on a company of your choice. You must first demonstrate that the company has some power to set its own price (that is, it has some degree of market power) – e.g. what is the structure of the industry it operates in? What is its market share for the product? How concentrated is the industry?You must then use economic analysis to evaluate the pricing strategies your firm has adopted for its main product(s). Make clear comparisons between the predictions of the economic theories covered in the module and the empirical evidence for your firm. Are the strategies adopted by the firm optimal? If so, why? If not, why not? How might they be improved?
i choose NISSAN as my company to do this task.

Given that:
G=20
I=35
C=0.9Yd+70
T=0.2Y+25

Calculate the balance of national income.

One of the key features of the global economy is that wages of skilled workers have risen relative to unskilled workers in both industrialised and developing economies. Explain why and how this empirical phenomenon is better explained by the Foreign Outsourcing model than by the Heckscher-Ohlin model

Use the concept of the Elasticity of Demand to explain why Disney can charge up to 20% more during peak times.

why economic is signifant?

Transportation systems, schools, and banks are all examples of _____.

Which consumer category in the table experienced the greatest inflation between 1999 and 2001?