Answer to Question #127824 in Macroeconomics for Womba Nambeye

Question

3. (a) Dr. Muchuu runs a sole firm in Zambia called Elena Enterprises such that he is the only supplier of infrared thermometers. Kindly state the scientific name given to Dr. Muchuu and briefly describe the features of Elena Enterprises. Graphically differentiate Elena Enterprises from a perfect competitive market.

(b) A certain region licensed only one firm to supply tap water within that region. Graphically illustrate why it is more economical to have a sole water supplier in a particular region.


4. Muchuu’s old corolla emits a lot of carbon such that it contaminates the entire compound. This carbon emission state is closely related to two (2) depravities that you once learnt in class. You are mandated to briefly explain these 2 economic depravities that affect literally most Zambians. (Hint: cause, effect and cure).

Answer 1

Dear Womba Nambeye, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order