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- tulet10r.01.038 The study of microeconomics and macroeconomics differ in that: a. microeconomics examines the individual markets of the economy while macroeconomics studies the whole economy. b. microeconomics examines the whole economý while macroeconomics studies the individual units of the economy. O c. microeconomics is concerned with the domestic economy and macroeconomics is concerned only with the international economy. O d. microeconomics studies the actions of households and macroeconomics studies the actions of business firms. stions Navigation MenuClasskick Dashboard M about the teen hype - musami M Inbox - rashid.tasnim2005.15 x + A app.classkick.com/#/student/ZHEQZS/tasnim%20rashid/2 A ZHE QZS Supply Practice T 2/4 6. Make a prediction: What would happen to the graph if the price of shampoo doubled? A 5:33using the diagram below defent thr point that a free market will always move from disequilibrium to equilibrium according to demand and supply theory Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Corisiuer tie market ior minivaris. ASsume iminivaris are a normai goou. For each of the following events, identify which of the determinants of demand or supply are affected. If demand is unaffected by this event because it creates only a supply change, select the "None" option under the "Demand Determinant" column. Similarly, if supply is unaffected by this event because it creates only a demand change, select the "None" option under the "Supply Determinant" column. Event Demand Determinant Supply Determinant People decide to have more children. A strike by steelworkers raises steel prices. Engineers develop new automated machinery for the production of minivans. The price of sports utility vehicles rises. A stock-market crash lowers people's wealth. Show the effect of the following event on the market for minivans: People decide to have more children. (? Supply Demand Supply Demand Quantity of Minivans Price of MinivansADVANCED ANALYSIS Assume that demand for a commodity is represented by the equation P = 80 – 2Qd. Supply is represented by the equation P = -20 + 2Qs, where Qgand Qg are quantity demanded and quantity supplied, respectively, and Pis price. Instructions: Round your answer for price to 2 decimal places and enter your answer for quantity as a whole number. Using the equilibrium condition Qs = Qd, solve the equations to determine equilibrium price and equilibrium quantity. Equilibrium price = $ Equilibrium quantity = unitsOnly typed answer Use the demand and supply curves below to answer the following question: Demand: P= 20-Q Supply: P=10+Q Suppose now the government places a 2 dollar tax on consumers. Doing so would result in consumers sharing the tax burden with producers. However, consumers would pay _____ dollars of the tax burden.
- ADVANCED ANALYSIS Assume that demand for a commodity is represented by the equation P = 100-3Qd- Supply is represented by the equation P= -10 + 3Q,, where Qd and Qs are quantity demanded and quantity supplied, respectively, and Pis price. Instructions: Round your answer for price to 2 decimal places and enter your answer for quantity as a whole number. Using the equilibrium condition Qs Qd solve the equations to determine equilibrium price and equilibrium quantity. Equilibrium price = $ 50 Equilibrium quantity = 20 unitspring20 fall20 The Producer Price Index (PPI) is a Select one: a. price index measuring the changes in prices of all new goods and services produced in the economy. b. statistical measure of a weighted average of prices of a specific set of goods and services purchased by wage earners areas. O C. price index that tracks the price levee of commodities that firms purchase from other firms. O d. statistical measure of a weighted average of prices of commodities that firms produce and sell. Clear my choice1. a. How has Consumer Spending become a macroeconomic issue during the covid-19 pandemic? b. what specific government post covid-19 policies can be implemented to increase Consumer Spending c. Explain your rationale for the choice of policies in (b) (Please provide relevant graphs with ansewers)
- Question 1: QUESTION d Read the scenario and determine if it wil change the supply or the demand of the market listed. Will equilibrium price increaseor decrease ? Will equilibrium quantit increase or decrease? Market: Sugar produced in the United State Scenario: Tarifts on imported sugar lead U.S, sugar to buy more from U.S, sugar producers. Supply or demand? Equilibrium price? Equillbrium quanity? Market: Chunky Monkey Icecream Scenario: Social Media Influencer Addison Rae advertises Kemps vanilla frozen yogurt to her 100 million followers. Supply or demand? Equilibrium Price? Equilibrium Quanity? Market: New computer Scenario: U.S treasury announces new stimulus check that would be sent to all households. Supply or demand? Equillibrium Price? Equillibrium Quantiy? Market: Trucking Service Scenario: OPEC announces a massive oil production increase driving down the cost of gas Supply or demand? Equilibrium Price? Equilibrium Quantity?1. What are the following represent downtrend?A. Demand > supply.B. Demand = supply.C. Demand ≠ supply.D. Demand < supply. 2. Which chart type uses more than one data point to plot a particular time interval?A. Point and FigureB. CandlestickC. LineD. Tick 3. Which of the following statements accurately describe a support level?A. Tests of a support level are normally preceded by a price advance.B. Price peaks often define a support point.C. A price level where selling is strong enough to interrupt or reverse an advance.D. A price level where buying is strong enough to interrupt or reverse a decline. 4. Technical analysis is rooted in the basic premise thatA. price behaviour in the financial markets can only be understood by analysis of the underlying economic conditions surrounding the markets. B. price behaviour in the financial markets moves in trends.C. price behaviour in the financial markets is random.D. none of the above. 5. Which of the following would be MOST important to…Pplot the Following hypothe tical market demand and supply schedues for commodity X : Quantity supplied (units) Price Guantity De manded (units] 150 F30.00 900 800 300 25.00 700 850 20:00 600 600 15:00 400 800 10.00 5:00 200 lo00