Assignment, Business Economics

Assignment Help:
#question.During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of prices and quantities.
(a) Computers
(b) Computer software
(c) Typewriters
Question 2 (15 marks)
The Australian government administers two programs that affect the market for cigarettes. First, media campaigns and labelling requirements are aimed at making public aware of the dangers of cigarette smoking. Second, there is a tax on cigarettes.
(a) With the use of a graph, explain how these two programs affect cigarette consumption.
(b) Explain the combined effect of these two programs on the price of cigarettes.

.

Related Discussions:- Assignment

Monetary policy and fiscal policy, QUESTION Write short notes on any th...

QUESTION Write short notes on any three (3) of the following: (a) National income and the standard of living. (b) Globalization and its implications for developing countr

Production factors, factors that affects sthe volume of production in econo...

factors that affects sthe volume of production in economy

Why are penalty clauses in monetary compensation, Subcontracts frequently i...

Subcontracts frequently include penalty clauses to provide the main contractor defence into the case of the supplier’s poor performance. Why are penalty clauses not the complete an

How is installation and commissioning affects is project, How is the instal...

How is the installation and commissioning affects the IS project? Installation and commissioning: This stage of a project is frequently either forgotten or underestimated

Gap between theory and practice, Managerial economics bridges the gap betwe...

Managerial economics bridges the gap between economic theory and practice

What happens during a business cycle of economy done, What happens during a...

What happens during a business cycle of economy, and what can be done about it? Business cycle of economy: a. The consequences of recessions and expansions onto unemploymen

Economic viability of the rdf plant, Consider Fig 13-11. 1000 tons/day of m...

Consider Fig 13-11. 1000 tons/day of moist MSW are processed to yield 700 tpd of RDF product. Raw MSW heat value is 5,000 btu/lb. RDF is 8,000 btu/lb. How did processing increase

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd