Intermediate Microeconomics Individual Assignment
Added on 2020-12-15
17 Pages2025 Words101 Views
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Intermediate MicroeconomicsIndividual AssignmentName:ID:Section:
Contents1Introduction:............................................................................................................................41.1Background.......................................................................................................................41.2Importance of the product.................................................................................................41.3Objective of Report...........................................................................................................42Analysis:..................................................................................................................................42.1Demographics:..................................................................................................................42.1.1Gender........................................................................................................................42.1.2Age.............................................................................................................................52.1.3Education...................................................................................................................52.1.4Industry......................................................................................................................62.1.5Experience.................................................................................................................62.22. How much is the current consumption of the product or service at the current prices?(In litters).....................................................................................................................................72.33. What is the percentage you allocate from income for the consumption of theGasoline?.....................................................................................................................................74. At what price would you change your consumption behavior? (E.g. if price increase by......95. If the prices reached that level where you will change your consumption behavior, howwould you do it..........................................................................................................................102.46. How does the behavior change in the short-run (6 months to 1 year)?......................102.5 7. How does the behavior change in the long-run (more than 1 year)?.........................112.68. If the Value Added Tax proposed were increased to 10%, 15%, and 20%, how wouldyou change your consumption given the current prices?...........................................................112.79. If the government decided to go back to the old “no VAT” will you change yourconsumption, how?....................................................................................................................12
2.810. How the recent COVID-19 pandemic did change your consumption behavior of theGasoline?...................................................................................................................................132.911. How much does your concern about the environment affect your purchases?.........133Conclusion.............................................................................................................................154Appendix................................................................................................................................16Table of FiguresFigure 1............................................................................................................................................7Figure 2............................................................................................................................................7Figure 3............................................................................................................................................8Figure 4............................................................................................................................................9Figure 5..........................................................................................................................................10Figure 6..........................................................................................................................................10Figure 7..........................................................................................................................................11Figure 8..........................................................................................................................................11Figure 9..........................................................................................................................................12Figure 10........................................................................................................................................13Figure 11........................................................................................................................................13List of TablesTable 1.............................................................................................................................................4Table 2.............................................................................................................................................5Table 3.............................................................................................................................................5Table 4.............................................................................................................................................6
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