The quantity demanded and quantity supplied for good A and good B by the citizens of a country XYZ at different prices: Economics Assignment, HU, Malaysia

University HELP University (HU)
Subject Economics

QUESTION 1

The following table shows the quantity demanded and quantity supplied for good A and good B by the citizens of a country XYZ at different prices.

a) Draw the demand and supply curves for good A using graph paper. What are the equilibrium price and quantity?
b) Assumed that the government has imposed a tax on Good X, therefore the quantity supplied has been reduced by 50 units at each price level. Draw a new supply curve on the diagram above. What are the new equilibrium price and quantity?

Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.

QUESTION 2

Based on the table below, Answer the following question:

c) Draw the demand and supply curves for good X using graph paper. What are the equilibrium price and quantity?
d) Assumed that the government has given subsidies on Good X, therefore the quantity supplied has increased by 40 units at each price level. Draw a new supply curve on the diagram above. What are the new equilibrium price and quantity?

QUESTION 3

Based on the table below, Answer the following question:

a) Draw the demand and supply curves for good X using graph paper. What are the equilibrium price and quantity?
b) Assumed that the government has imposed a tax on Good X by RM50. Draw a new supply curve on the diagram above. What are the new equilibrium price and quantity?

Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.

Get Help By Expert

Are you struggling with your economics assignment? Do you need assignment help online in Malaysia? At MalaysiaAssignmentHelp.com, we offer free economics assignment answers for all courses and universities. Whether you are studying microeconomics, macroeconomics, or any other aspect of the subject, our experts can provide the guidance and support you need to complete your assignment successfully. With our help, you can get research paper writing services, dissertation writing services, coursework help, and much more. So why wait? Contact us today to get started!

Answer

Recent Solved Questions

Online Exam & Assignment Writing Services

11770+ Orders Delivered

4.9/5
5 Star Rating

Confidential & Secure Assignment Help For

Group Assignment Help

Online Exam -Test & Quiz

Cheapest Price Quote

Diploma & Certificate Levels

Semester & FYP Papers

Summative & Individual

GBA & Reflective

Last Minute Assistance

Sample Assignment Download

MGT648 Research Methodology Assignment UITM Example
This course will introduce you to a process for solving financial problems that has been designed by experts in the field. The method involves identifying your issue, gathering information about…
Management
SBFS1103 Thinking Skills And Problem Solving Assignment Sample Malaysia
The course is designed for students taking Bachelor's programs in OUM. As an open and distance learner, you should be acquainted with learning independently and being able to optimize the…
Assignment Sample

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now

Get Assistance for Assignments, online Exam, and Projects Writing