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Hi, please help me to solve this question below. I have a very short period of time to complete it. Thank you. @ File |

Hi, please help me to solve this question below. I have a very short period of time to complete it. Thank you.

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@ File | C:/Users/HP%20USER/OneDrive/Documents/JASHNAVI%20COLLEGE%20FOLDER/Microeconomics/BAFB1023-Microeconomico . . . https://lifestyletech... G Gmail YouTube Maps WhatsApp 1.1 Nota Ringkas:.. Keep Calm And Stu... Konsep dan penger... Bab 1 konsep & tak... makalah 12.pdf Microeconomics (BAFB1023) CONFIDENTIAL April 2021 Final Examination This question paper consists of ONE (1) section only. (TOTAL: 50 MARKS) SECTION A There are FOUR (4) questions in this section. Answer ALL questions. Question 1 Draw a demand curve or supply curve and label it D1 or S1. The graph, illustrate an increase in demand or supply and a decrease in demand or supply, and label the curve D2 or $2 and D3 or S3, respectively. Starting on the demand curve or supply curve D1 or S1, explain the shift that would result from each of the following events: a) Hana pays for monthly pool maintenance for her home swimming pool. Last week the owner of the pool service informed Hana that he will have to raise his monthly service fee because of increases in the price of pool chemicals. How is the market for pool maintenance services affected by this? (4 Marks) b) Harvey pays for monthly cable TV service. Last week the cable company informed Harvey that his monthly cable price would go down because the city council has granted approval for three new cable companies to service his area. How is the market for cable TV services affected by this? (4 Marks) c) In June, market analysts predict that the price of titanium will rise in July. What happens in the titanium market in June, holding everything else constant. (4 Marks) (Total: 12 Marks)

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