Question 2

a.Keeping the present rate of inflation (increase in the general price level) in mind, consumers living in Karachi are anticipating that the price of tomatoes will go up just like it did last year in November. In your opinion explain if there would be any impact on the current demand for tomatoes or not. Also, if there would be any change elucidate the movement or shift in the demand curve graphically.

1:). Suppose that Zimal and Zawaigar are the only consumers of pernnes in a particular market. The following table shows their annual demand schedules: Price (Per Bottle of M Quantity Quantity Market Demand Perfume} Demanded Demanded "\" -a- S 200 25D 63D 100 151'.) Given the following information construct market demand curve