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 HI5003 Economics for Business

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Economics Major Assessment.1.    Explain the following statements, the use of tables, diagrams and graphs will greatly enhance the assignment.a.    When bad weather ruins a crop of bananas in Queensland the price of bananas rises in grocery outlets around the country. (10%)b.    Accommodation in motels, hotels and caravan parks is cheaper during the off-season. (10%)c.    If the price of oil rises substantially and remains high the pric ...

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