04-17-2011, 02:16 AM
Question no 1:
a. Ali has certain amount of money and he has to spend on two goods apple
and strawberries. Suppose Ali completely prefers strawberries than apple.
How you will see this particular situation in the consumer equilibrium
theory?
b. Support your answer with the help of graph.
(Marks: 2+3)
Question no 2:
Keeping in view the given data for the construction of roads from the year 2000
to year 2004, calculate the nominal price for the roads construction in each year.
Please Discuss to make the Idea Solution eco402
a. Ali has certain amount of money and he has to spend on two goods apple
and strawberries. Suppose Ali completely prefers strawberries than apple.
How you will see this particular situation in the consumer equilibrium
theory?
b. Support your answer with the help of graph.
(Marks: 2+3)
Question no 2:
Keeping in view the given data for the construction of roads from the year 2000
to year 2004, calculate the nominal price for the roads construction in each year.
Please Discuss to make the Idea Solution eco402