Question

1. The table below shows the costs for a firm at different level of output. Complete the table.

Quantity TC VC AFC AVC ATC MC
(Units)
0 3.00 - - - -
1 3.30
2 0.80
3 0.50
4 0.90
5 1.30
6 1.30
7 6.30

2. With the use of examples, explain any FIVE types of unemployment.

3. Identify and explain any FOUR (4) ways of overcoming inflation problem in a country.

4. Calculation question:
(a) Complete the following table.
Items in survey basket Base year price Base year expenditure Year 1 price Year 1 expenditure
3 movie tickets $10 $15
100 L of petrol $2 $2.1
10 L of milk $3 $3.5
4 kgs of rice $2.5 $2.5

(b) What is the Consumer Price Index (CPI) in the base year?
(c) What is the Consumer Price Index (CPI) in year 1?
(d) If the CPI in year 2 is measured at 120, what is the inflation rate between year 1 and year 2?

afbeb8c0d7ccd3e62b596309fedcb89d.docx

Answer 1

Explanation:

probability of sum these 2 cards 1) 7 2) multiple of 3 3) more than 7....

'

Answer 2

Explanation:

mujhe tum dono ke bich kuch nahi pta but itna jarror pta h ki vo tumhe byy ni kr raha h sis to iska mtlb vo tumhe pyar hi to krta h