Use the following information. The graph below represents the market for coffee. Suppose S2 and D2 are the relevant supply and demand curves and that the market is in equilibrium at A. TPrice 500 S1 450 400- 350 $2 300 250- 200 150- D2 50 25 50 75 100 125 150 1T5 200 Qnn Refer to the graph above. A shift in equilibrium from A to C could be the result of 1. Availability of improved technology to pick coffee beans II. Destroyed coffee beans due to insect infestation III. An increase in the price of coffee IV. A decrease in the number of coffee consumers V. The publication of a report that publicizes the benefits of drinking coffee OI and V only O Il and III only OI and IV only O Il and IV only

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Please no written by hand solutions 1.  Suppose the current price of a good in a market is $10/unit. At this price, the quantity demanded is 20 units while the quantity supplied is 26 units. (i) Show the above numbers in a well-labeled demand and supply diagram. (ii) Is the market in equilibrium currently? If not, what happens to bring it to an equilibrium? 2. Roughly three years ago around this time, the coronavirus pandemic was declared. During this time, the price of typical masks increased sharply in markets around the world. With the help of a well-labelled market (or demand and supply) diagram, explain briefly why this happened.

Graph the table below and mark the two equilibrium point as A and B and explain.    Price 0 3 6 9 12 15 18 Demand 600 500 400 300 200 100 0 Supply A 0 100 200 300 400 500 600 Supply B 0 200 400 600 800 1000 1200

During 2020, due to COVID 19, the demand for hygiene kits has increased by 60% at the same times the cost of raw material for producing hygiene kits has decreased by 25%. Explain the effects on the market equilibrium of hygiene kits? using graph

Iran has threatened to close the Straits ot Hormuz, a narrow passageway that connects the Persian Gulf and the Indian Ocean. As a result, gas prices have increased. What is the effect on grocery prices in general? What Will be the fifth on demand and supply of gas in Texas? 1. what has happened to his concern you as an economist?

8. Given the following set of demand and supply functions, find the equilibrium price and quantities. (i) Qd = 450 - 3P; Qs = 50+ 5P, (ii) Qd = 500 - 3P; Qs = 100; (iii) Qs = 30 + 1/2p, find Qs, when P =2. P = 4, P = 6, p = 10 9. A) Briefly discuss the microeconomics goals b) With the help appropriate diagram briefly discuss a change in QTY demanded & change in demand.

8. Inflation-induced tax distortions Musashi receives a portion of his income from his holdings of interest-bearing U.S. government bonds. The bonds offer a real interest rate of 4.5% per year. The nominal interest rate on the bonds adjusts automatically to account for the inflation rate. The government taxes nominal interest income at a rate of 10%. The following table shows two scenarios: a low-inflation scenario and a high- inflation scenario. Given the real interest rate of 4.5% per year, find the nominal interest rate on Musashi's bonds, the after-tax nominal interest rate, and the after-tax real interest rate under each inflation scenario. Inflation Rate Real Interest Rate Nominal Interest Rate After-Tax Nominal Interest Rate After-Tax Real Interest Rate (Percent) (Percent) (Percent) (Percent) (Percent) 2.0 4.5 7.0 4.5 the after-tax real interest rate when the government taxes Compared with higher inflation rates, a lower inflation rate will the quantity of investment in the…

1. Suppose that the market of iPhone 12 has recorded the following equations for: Q= 1000-20P and Q= 100+10P a) Calculate the equilibrium price in $ per unit and quantity for the market? b) Draw the graph of the market equilibrium for iPhones? c) Find the new market equilibrium if the price per unit doubles than its initial level (in a)?

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