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

What are the characteristics of the informal sector, What are the character...

What are the characteristics of the informal sector? The characteristics of the informal sector comprise: • working for yourself quite than an employer, • Small scale ent

Test review question, greg and todd form a partnership and start a business...

greg and todd form a partnership and start a business in which each has a 50 percent share of the profit. after a year, the firm goes bankrupt and has debts of $20,000. greg has no

What is meant by the term managing expectations, What is meant by the term ...

What is meant by the term managing expectations? Why is expectation management a significant part of the project manager’s job? What affects a customer’s expectations? We all h

Scan factors., Assess the current environmental scan factors that are relev...

Assess the current environmental scan factors that are relevant to the decision making process. Determine the factors that will have the greatest impact on plant operations and man

What is function of world trade organisation, What is the function of World...

What is the function of World Trade Organisation in the promotion of development? The World Trade Organization (WTO) is international association dealing along with the global

Defines the stages of e-government development, QUESTION ‘To assist pol...

QUESTION ‘To assist policy makers discern e-Government initiatives in relation to their responsibility vis-à-vis other governmental issues, it is critical that the Governmen

Explain the law of demand and the factors affecting demand, QUESTION (a...

QUESTION (a) Explain the law of demand and the factors affecting demand. (b) Explain and illustrate how demand of a commodity will change if there is a tax on that product.

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