Module 1
Draw a graph of the demand curve for a normal good like noodlesSuppose income increases, will consumers buy more noodles; explainWhy can we not get enough of organic food and products? Why is organic food more expensive than their inorganic counterpart?Module 2
Technology and wage inequality – explain how the Information Technology revolution likecomputer and network affects low and high skilled workers and their wages?(AND)Is there anything wrong in raising minimum wages?(Or)Calculate the Price Elasticity of Demand using midpoint formula with the following details.For an increase in price from ‘G’ to ‘H’, has the elasticity increases or decreased?G = (Quantity) 1800, (Price) 120H = (Quantity) 1600, (Price) 130
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