Must Draw a demand and supply graph for the market in the assignmentAcademic Session 2022January 2022 Semester ASSIGNMENTBBM102/03 Microeconomics INSTRUCTIONS TO CANDIDATES: This assignment is the alternative assessment to replace the proctored examination.Answer ALL questions.You are allowed a maximum of one (1) attempt to submit your assignment.The assignment will be made available from 21st March 2022, Monday (00:00) until 6th April 2022 (23:59). Completed assignment must be submitted by 6th April 2022 (23:59).Copyright © 2022 WOUQuestion 1Draw a demand and supply graph for the market for Dell notebook computers [5 marks]A news report is released about the negative health effects of using notebook computers. Consumers are concerned. Explain the effects on the market price and quantities of Dell notebook computers? [5 marks]More new brands of notebook computers are now available to consumers. Explain the effects on the market price and quantities of Dell notebook computers?[5 marks]New technology enables computers to be made at lower cost. Explain the effects on the market price and quantities of Dell notebook computers? [5 marks]Question 2Assess the effects of Price ceiling [20 marks] Price floor [20 marks](Hint: Government policies and intervention)Question 3Describe the main assumptions of perfect competition and monopoly [20 marks]Discuss the main features of oligopoly market [20 marks]
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more