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Please EXPLAIN and solve EACH / ALL part(s) in Question #10 ! DOUBLE CHECK YOUR WORK AND ANSWER(S) . PLEASE NEATLY SHOW ALL WORK, EXPLANATIONS

Please EXPLAIN and solve EACH/ALL part(s) in Question #10!

DOUBLE CHECK YOUR WORK AND ANSWER(S).

PLEASE NEATLY SHOW ALL WORK, EXPLANATIONS, & CALCULATIONS STEP-BY-STEP USING PEN AND PAPER! I AM NEW TO ECONOMICS & STATISTICS! I AM A COMPLETE NEWBIE! Multipl votes will be given.

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