📘 economics

1. **Stating the problem (Question One):** Explain using curves what happens to equilibrium price (P) and equilibrium quantity demanded (QD) under four scenarios: consumer income i

1. Problem statement: Explain the effect on equilibrium price (P) and equilibrium quantity demanded (QD) due to various changes using curves. 2. If consumer income increases: For a

1. **State the problem:** We have a transaction matrix representing the purchases between sectors X, Y, and Z. We need to find the input-output matrix and then calculate the gross

1. The problem asks to rewrite a given expression in normal economic math notation. 2. Economic math typically involves variables such as $P$ for price, $Q$ for quantity, $R$ for r

1. **Problem Statement**: Given the demand function $Q^D_x = 800 - 0.6P_x$ and the supply function $Q^S_x = 200 + 0.4P_x$, find the market equilibrium price and quantity. 2. **Set

1. Diketahui fungsi permintaan dan penawaran: $Q^D = 420 - 0.7P$ dan $Q^S = 60 + 0.5P$

1. The problem shows a Production Possibility Frontier (PPF) representing trade-offs between grilled chicken meals (Product A) and unlimited rice servings (Product B) at a Mang Ina

1. **State the Problem:** We need to analyze the Milk Tea market using demand and supply functions, find the market equilibrium, and explore how external changes affect this equili