I’m studying for my Economics class and don’t understand how to answer this. Can you help me study?

Hello,

Please see the attached word file. It has 12 questions. A word count is set for each question (at the end of each question). Answers should not be larger than the word count (they can be smaller (not by a lot) but you should ensure that you have addressed all aspects of the question). The answer should be explained in words and calculations or graphs if required. If the question requires a graph you can draw it on a blank sheet of paper and then scan it. That would be a better option unless you have another option. Please take a look at the questions first then place your bid. Also don’t include the questions in the answers document.

thank you