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Economics Assignment Answers

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Q1. Make a visit to any shopping center and write below the name of the products under following price elasticity categories as example

  1. Relatively elastic products (5 products)
  2. Relatively inelastic products (5 products)
  3. Perfectly elastic products (2 products)
  4. Perfectly inelastic products (2 products)

Q2. Select any firm or business of your choice and write the types of market under which it is operating. Justify your answer.

Q3. Write short note on globalization and briefly explain how Oman got benefitted through globalization.

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Q1. Make a visit to any shopping center and write below the name of the products under following price elasticity categories as example

  1. Relatively elastic products (5 products)
  2. Relatively inelastic products (5 products)
  3. Perfectly elastic products (2 products)
  4. Perfectly inelastic products (2 products)

Q2. Select any firm or business of your choice and write the types of market under which it is operating. Justify your answer.

Q3. Write short note on globalization and briefly explain how Oman got benefitted through globalization.

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