1- a. On the planet Tatooine, Republic Credits are seen as a valid form of money. How would this be ...

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1- a. On the planet Tatooine, Republic Credits are seen as a valid form of money. How would this be possible? Please give a thorough examination and explanation. consider Tatooine as a banana republic in your answer b. If a person from Tatooine were to magically appear in America and attempt to use their Republic Credits to a make a purchase, would they be able to? Why or why not? In your answer, please fully define all economic terms used 2- What are the differences and/or similarities between the supply curve and the aggregate supply curve? create an incorrect response only. In your answer, please be sure to address and define any relevant terms, such as: the axis on the graph(s), the overall shape of each curve, the reason behind the shape of each curve, what these concepts are measuring, when they might be relevant/used within economics etc.  3- Suppose you have a market for grapes which is currently in equilibrium. Thinking of the supply and demand graph for this market, what would have to happen to cause both the equilibrium quantity of grapes in this market to rise and the equilibrium price of grapes in this market to fall? Is this even something that could happen? provide an incorrect response In your answer, please pay attention to and describe what would have to happen to the supply and demand. (You may of course elaborate with any hypothetical "real life" reasons for any changes in the graph too.) 4- a. When economists say they "think at the margins," what is this referring to? In other words, what is happening when someone is "thinking at the margins"? answer using the stock market b. What is one "real life" example of when we might have to "think at the margins"? answer using trade offs instead of margins