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we are asked to answer the following questions. (a) Suppose there is a product whose price is increasing but it has no impact on quantity

  1. we are asked to answer the following questions.

(a) Suppose there is a product whose price is increasing but it has no impact on quantity demand (increase or decrease). Draw the graph of this quantity demand.

(b) Suppose there is economy - spending is high, so how they combat to support their spending.

(c) Graphically shows how monopolist can earn profit in short run.

(d) Suppose if you are the President of Bank , and in your economy, there is a problem of inflation so how you can solve this problem?

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