Managerial Economics 2013 Block Course by MFZ,TUT CH 3& 4 in your text book. Please you need text book…okay??
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!*% 89% “869% (a) Holding SS conditions constant, DD will vary with changing interest rates. DD increases with a fall in interest rates; DD falls as interest rates rise. [why?] Managerial Economics 2013 Block Course by MFZ,TUT
(b) Holding DD conditions constant, SS will vary with changing interest rates. SS falls with with a rise in interest rates; SS rises as interest rates decline. [why?] Managerial Economics 2013 Block Course by MFZ,TUT
Real-World Factors That Cause Shifts1-19
Solving for Equilibrium Algebraically 1. Suppose the demand for take-out pizzas in a modest-size city is represented by the following question: Qd=64,000-3,000P and the equation for the supply curve’s: Qs= -20,000+4,000P a. What does the slopes of the above two equations tells us? Does it confirms the law of supply and demand? Class Work… NOTE: I reward those who give me answers in five minutes! ‘5marks in 5 minutes’ Managerial Economics 2013 Block…