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Q1. Scott is a woodworker also charges $125 an hour for his time manufacturing custom-made wood products. For his wife's birthday, he designs also creates an intricate bird's eye maple jewelry box to takes him 15 hours to complete. By Elucidate how much also in Illustrate what direction does GDP change as a result of his efforts?

Q2. Assuming fuel is one of the main input for many sectors. When a war breaks out in Country A, that is the main producer for fuel in the world, it causes fuel supply disruptions in the word. Converse the market equilibrium for fuel also car after the war outbreak.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9169968

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