Category: Micro Economics

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Due date for Assignment 2 is by the End of Week 10(11/02/2023) • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This…

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. Students must mention question number clearly in…

Assignment Questions Q1 Mohamed produces Toys in the perfectly competitive Toys market. Fill in the missing values in the following table: (5 marks) Suppose the equilibrium price in the Toys market is $30. How many Toys should Mohamed produce? How much profit will he make? (1 mark) If next week the equilibrium price of Toys…

Assignment Questions Q1 Mohamed produces Toys in the perfectly competitive Toys market. Fill in the missing values in the following table: (5 marks) Suppose the equilibrium price in the Toys market is $30. How many Toys should Mohamed produce? How much profit will he make? (1 mark) If next week the equilibrium price of Toys…

2. Business software 2 marks The development of an e-commerce website requires more interactive functionalities, such as the ability to respond to user input (name and address forms), capturing customer orders for goods and services, clearing credit card transactions on the fly, consolidating price and product databases, and even adjusting advertising on the screen based…

ECON101 “Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands? What might be a general difference that leads to some industries having many firms while others are dominated by just one or two?” from 150 to 200 words…

What is the video talking about (summarize it using your own words not less than 100 words). (1 mark) Choose an economic term you have learned new in the video and what does it mean. (0.5 mark) Create a question about the video and answer it. (0.5 mark)

4 Problems that pertain to budget constraints. I would like a detailed explanation for a better understanding. I attached some notes to help out if get stuck or confused. It is the attachment “Assignment 1” thank you.

q1/ Suppose the price elasticity of demand for the market of mobile phones is 0.90. q2/ What is your opportunity cost of running the business?

General Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.• Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the…