Identify the following topic as being part of microeconomics or macroeconomics:The impact of a national minimum wage increase on employment levels across different sectors.

Please determine whether the following statement is true or false.The principle of supply states that, all else being equal, an increase in the price of a good leads to an increase in the quantity supplied, while a decrease in the price leads to a decrease in the quantity supplied.

Consider the good “blueberries,” which scientists have discovered can cure a common disease, the flu. What is likely to happen in the market for blueberries now that this information has been made public?

An increase in the price of corn, an essential input for producing corn chips, will generally:

Monitoring network traffic, detecting attempts to gain unauthorized access to a system or resource, notifying the appropriate individuals so that counteractions can be taken, and preventing a security event from happening by blocking attacks in real time is the function of what device?

Consider the good “handcrafted furniture.” Recently, more people have joined the market as sellers, opening new stores in town that specialize in handcrafted furniture. What is likely to happen in the market for handcrafted furniture as a result?

Digital forensics can be divided into three stages which are:

What kind of externality do you observe based on the graph? negative exteranlity 1.png

Renewable Energy Market:At what quantity does the market equilibrium occur?QuantityPrivate Value (Benefit)Private CostExternal BenefitSocial Benefit (Private + External)1$50$25$10$602$48$28$10$583$46$30$10$564$44$32$10$545$42$35$10$526$40$40$10$507$36$46$10$46

Which policy would best internalize the positive externality in this market? positive externality 2.png