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- I need some help drawing the curve for p1+p2+p3Sarah is considering two investment proposals. Proposal A is to purchase a new computer. Proposal B is to purchase a new printer. She will not buy the printer unless she buys the computer. The relationship between Proposals A and B is best described by which of the following? a. B and A are mutually exclusive b. B is contingent on A c. A is contingent on B d. Not enough information is given to determine a relationshipIf the average rural household income in Nigeria is US$60 then the demand for internetconnectivity, ceteris paribus, at US$43 is more likely to be...
- I need help determining which of the following."THE EFFECT OF COVID 19 IN THE ECONOMY OF THE PHILIPPINES"You have the following observations about a consumer's purchase choices of two commodities, 1 and 2: When the prices were ($3,$6) consumer purchases bundle A = (2, 5). When the prices were ($7, $3) consumer purchases bundle C = (3, 5) You did not observe when consumer purchases Bundle B = (4, 4) . a. Compute the cost of each bundle A, B, C given each price pair. Then determine how the consumer ranks the bundles using Directly Revealed Preferred (DRP) relation. b. What can you say about the bundles using Indirectly Revealed Preferreu (IRP) relation?
- A decrease in proportional consumption tax makes the budget constraint A. flatter B. steeperFind the GNP at factor cost if the GNP at market price is 3200 indirect taxes are 1400 and the subsidy are 1000Find the Slope of an Assumed linear demand curve for the Caesarean section, when 1000 Caesarean sections are performed at Ghs 200.00 per section and 500 at Ghs150.00 per section.