Economics
This is for Academia the questions need to be corrected as asked in a previous question, please see the comments on the PDF document in yellow.
Please correct the line drafts are still missing. These are line graphs
QUESTION 5
5. Use each scenario below to indicate graphically how the equilibrium price and – quantity of
motor vehicles will change. Also provide a brief motivation for each graph
5.1.1 The interest rate in the South African economy has decreased by 4,5% during the past
six months
you did not understand the question. you merely had to used a simply downward sloping linear demand curve and upward sloping supply curve to show the scenarios!!!!!1
Q5 =0/12
KUMBA increased the steel prices from 1,000 USD to 1,150 USD (line graph)