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3. The following is the hypothetical supply and demand schedule for sugar:
Price (Tk.)
Quantity demanded
(Kg)
Quantity Supplied
(Kg)
4
1000
400
8
800
400
12
600
400
16
400
400
20
200
400
a) Plot the demand and supply curve for sugar
b) Find the equilibrium price and quantity of sugar
c) What will happen to equilibrium price and quantity if incomes of the consumers of sugar (normal good) are increased?
after promotion, Gewn's annual salary was increased by 7.85% to R 450000. Determine his previous monthly salary and the monthly increase he will be getting
Question
If I offered a job to someone to clean my house at $1 per hour, and unemployed people chose not to take the job, should they be classed as ‘voluntarily' unemployed?
1. What is the relationship between the mpc, the mpcd and the mpw?
2. At national income of $20B. how much would be consumed if the MPC is ¾?
If the MPM is 60%, how much is consumed domestically
1. Discuss the recent trends in India’s foreign trade.
2. Write an essay on New Agriculture Bill 2020. What are the challenges and concerns for its effective implementation?
Maximum word limit 2000 for each question.
Why a student of Economics should study the subject of marketing
600 words total Please
1. By giving examples describe what happens when we have a lack of competition in a monopolistic market?
2. By giving examples describe what happens when there is a lack of substitutes in a monopolistic market?
Suppose you are given the following data on demand for a product. The price
elasticity of demand when price decreases from $9 to $7 is:
Price ($) Quantity Demanded
10 30
9 40
8 50
7 60
6 70
Why will an organisation have an advantage over its competitors if its information system can produce information about sales figures, product availability and client requirements faster than its competitors can?
what are the savings and investment when the GDP is $1,000 consumption is $600 taxes are $100 and the government purchases is $200?
#339914 on Dec 2023