Sponsored Links


Results 1 to 2 of 2

Thread: Eco401 (Economics) Solution: Assignment # 01 May 3,2010

  1. #1
    Senior Member viki's Avatar
    Join Date
    May 2010
    Posts
    2,132

    Eco401 (Economics) Solution: Assignment # 01 May 3,2010

    Sponsored Links


    Question 01
    Suppose a hypothetical economy produces two goods i-e wheat and rice.
    A. Draw the demand curve for wheat.
    B. Draw the supply curve of wheat.
    C. Determine the equilibrium in the wheat market with the help of graphs.
    D. If there is an increase in the price of rice, what will be its impact on the
    market equilibrium? Show graphically.
    E. If government imposes tax on wheat production, what will be its impact on
    market equilibrium? Show graphically.
    (Marks: A = 2, B = 2, C = 4, D= 3, E = 3)
    Solution:

    Sponsored Links




    see the PDF file
    Attached Images Attached Images
    Attached Files Attached Files

  2. #2
    Senior Member Awais's Avatar
    Join Date
    May 2010
    Posts
    111
    Great upload .. Keep on posting the solutions dear... :P

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 0
    Last Post: 11-28-2014, 09:25 PM
  2. ECO401 - Economics GDB fall 2010 solution
    By Xpert in forum GDB Discussion
    Replies: 0
    Last Post: 11-10-2010, 10:29 PM
  3. Economics (ECO401) first assignment 27th october, 2010
    By Xpert in forum Assignments & Solutions
    Replies: 3
    Last Post: 10-29-2010, 04:16 PM
  4. Introduction to Economics –ECO401 Assignment No 1 Idea Solution Fall 2010
    By desireforheaven in forum Assignments & Solutions
    Replies: 0
    Last Post: 10-29-2010, 02:27 AM
  5. Eco401 Economics Assignment 2 Deadline 9 July 2010
    By viki in forum Assignments & Solutions
    Replies: 1
    Last Post: 07-05-2010, 03:01 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
-: Vuhelp Disclaimer :-
None of the files shown here are hosted or transmitted by this server. The links are provided solely by this site's users. The administrator's or staff of Vuhelp.net cannot be held responsible for what its users post, or any other actions of its users. You may not use this site to distribute or download any material when you do not have the legal rights to do so. It is your own responsibility to adhere to these terms. If you have any doubts about legality of content or you have any suspicions, feel free to contact us.
Online Education | JhelumSoft