Question: Subject economics Please help me this question answer 5 5 points Babsie is taking ECO/202 at NOVA. Prof Babbie asked Babsie if estimating the demand

Subject economics Please help me this question answer 5 5 points

Subject economics Please help me this question answer

5 5 points Babsie is taking ECO/202 at NOVA. Prof Babbie asked Babsie if estimating the demand for baby formula is microeconomics. Babsie said it was microeconomics. Is Babsie correct? True False 6 5 points 7 5 points Babsie applied for a job at a firm in Alexandria, Virginia. The firm requires that Babsie have two boosters to prevent COVID. This is an example of Negative externality Positive externality No externality O None of the above Price Supply and Demand Supply Draind 19enmity Given the thos graph, the equilibrium price is 20 40 60 80 100 120 3 13 5 points Using the last graph, a surplus price would be 70 16 5 points If oil executives read in the Washington Post, that new solar-power technologies have been discovered but will likely only become useful in 10 years, what is the likely equilibrium impact on the price and quantity of oil today? the price of oil will increase, the quantity of oil will decrease the price of oil will decrease, the quantity of oil will increase O the price and quantity of oil will increase the price and quantity of oil will decrease

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