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Assignment on Demand and Supply Economics

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Added on  2020-04-07

Assignment on Demand and Supply Economics

   Added on 2020-04-07

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Running head: ECONOMICS ASSIGNMENTECONOMICS ASSIGNMENTName of Student:Name of University:Author Note:
Assignment on Demand and Supply Economics_1
1ECONOMICS ASSIGNMENTTABLE OF CONTENTPART-1: MICROECONOMICS.....................................................................................................2PART-B: MACROECONOMICS...................................................................................................9REFERENCE................................................................................................................................13
Assignment on Demand and Supply Economics_2
2ECONOMICS ASSIGNMENTPART-1: MICROECONOMICS1.a).(Source: Author)PRICE OF TV($)QUANTITYDEMANDED/MONTHQUANTITYSUPPLIED/MONTH200100025001801200220016014001900140160016001201800130010020001000
Assignment on Demand and Supply Economics_3
3ECONOMICS ASSIGNMENTFrom the given information about the price level of TVs and quantity demanded and supplied permonth at each price level the demand and supply curve are derived after plotting the information.It can be seen that the equilibrium price is at $140 and equilibrium quantity is at 1600 unit in themarket for television.Figure 1: TV Market (Source: Author)
Assignment on Demand and Supply Economics_4

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