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- In your opinion which 3 of Friedman's 10 major flat World events have contributed the most to the success of fast food in jamaica.If the price of a pie is 12, what is the maximum number of pies she could buy in a week?If the price of a magazine is 4 each, what is the maximum number of magazines she could buy in a week?
- Think back to a purchase that you made recently. How would you describe your thinking before you made that purchase?Suppose that the cost of a movie ticket is $12, and a lattecosts $6. Why would the theater management say thecost of admission is $12 and not two lattes? Explain whyit is more efficient to compare the value of commoditiesin monetary terms.A microeconomic analysis would deal with? a. How the change in the price of gas effects a family b. inflation c. unemployment d. Real GDP
- Please, read the below small cases. All of them are related with Machboos. Answer questions for each of them Price of Machboos has decreased a. Which factor is this? b. What is changed: D, S, QD or QS? c. Draw the graph and show the change d. Show how EP and EQ will be changedIn economics terms what is autarky. Please explain it in more than 150 words.Construct the Two-commodity market model and find out th set of equilibrium prices mathematically?