User Account

All Pages

Amount of the surplus at price

Assignment Help Business Economics
Reference no: EM131669868

Suppose the market is defined by

Demand: Q = 143 - 2P

Supply: Q = 6 + 3P

At a price of P = 36, what is the size of the shortage that will exist in the market?

Type in the amount of the surplus at price P = 36. Once again, just enter in the number, and do not put in any other text or symbols.

Reference no: EM131669868

Questions Cloud

Calculate the federal income tax : Calculate the 2016 Federal income tax and due (or refund) for the Gregg's assuming they file a joint return.
Discuss about the threat for the safety of workers : Ethical Considerations. When an organization learns about a threat that could place the safety of its workers or its customers at risk, is management obligated.
Write Business Report to review current trends affecting HRM : As the Head of HR you have given task to prepare Business Report to critically review & evaluate current trends and challenges affecting HRM internationally
Purchasing power of people : How will high and variable rates of inflation influence the purchasing power of people?
Amount of the surplus at price : Type in the amount of the surplus at price P = 36. Once again, just enter in the number, and do not put in any other text or symbols.
Would the wegmans approach work for a car dealer : Would the Wegmans approach work for a car dealer? A bookstore? A manufacturer of industrial goods? Explain you answers.
Make video on 7-eleven stores australia : You need to make video of a given topic - sample video on sustainability reporting but you need to make video on 7-eleven stores australia
What is the functional organizational structure : What is the functional organizational structure? State three functions (departments) in modern organizations based on its responsibilities?
Explain the key inherent dangers of the chosen threats : Explain the key inherent dangers of the chosen threats, and indicate the key reasons why you believe such threats pose more of a risk than other current ones.

Reviews

Write a Review

Business Economics Questions & Answers

  Given there is an overwhelming scientific consensus

Given there is an overwhelming scientific consensus that global warming exists, why do many conservatives (like the Republicans running for President) deny its existence?

  Fill the remaining seats and fly at full capacity

An airline's flight is about to take off. It has a few empty seats left aboard. If it lowers its prices, it can fill the remaining seats and fly at full capacity. What should be done?

  Sort of jobs in the middle

What sort of jobs "in the middle" have been lost and how can they be replaced? If they aren't replaced what will happen to people?

  Give examples of the kinds of functions

Give examples of the following kinds of functions:

  Elucidate how a firm production function

Elucidate how a firm's production function is related to its marginal product of labor, how a firm's marginal product of labor is related to the value of its marginal product.

  Reduce pollution than an environmental standard

Why do economists argue that an emissions tax is a more efficient way to reduce pollution than an environmental standard?

  Research paper proposal

Create a proposal for the Final Research Paper which is due in Week Six. This proposal will help you develop a comprehensive guideline for your Research Paper. The framework for the paper should include the following: A clear thesis statement. An ann..

  What is the likely present worth

A firm is considering whether the following project should be undertaken if its life is 10 years and it has no salvage value. The firm uses an interest rate of 10% to evaluate engineering projects. The Net Revenue below is dollars per year for the li..

  Find the backward induction solution of the game

Find the Backward Induction solution of the game. How would the answer change if we reversed the roles of player 1 and 2 in the first two rounds of the game in c?

  Securities and exchange commission have in enron scandal

What roles did President George W. Bush, Alan Greenspan, and the Securities and Exchange Commission have in the Enron scandal?

  Elucidate why does sex discrimination seem to persist

Elucidate why does sex discrimination seem to persist on Wall Street in spite of the negative publicity of lawsuits and monetary costs of settlement.

  What will the new lerner index be after some time

What will the new Lerner Index be after some time with the new demand curve and market price of 30? What firms survive the new demand curve in the industry and why?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd