User Account

All Pages

Calculate the deadweight loss associated

Assignment Help Basic Computer Science
Reference no: EM132231601

Suppose the demand and supply curves for units of university credits are given by the following equations:QD=5,000 -P; QS= -1,000 + 4Pwhere QD is the quantity of credits demanded,QS is the quantity supplied, and P is the price charged for each unit in dollars. Suppose that the government wants to make education more accessible and therefore passes a regulation that says no university can charge more than $1,000 per credit.

Calculate the deadweight loss associated with this price ceiling

I know P = 1200 and QD is 3800

Please show work

Reference no: EM132231601

Questions Cloud

What does evidence reveal about alarm fatigue : Give an example of an ethical or legal issue that may arise if a patient has a poor outcome or sentinel event because of a distraction such as alarm fatigue.
With what people or agency would you work : Propose one example of a nursing intervention related to the disaster from each of the following levels;primary, secondary or tertiary prevention.
According to the concept of organizational demography : According to the concept of organizational demography, if team members have dissimilar experiences, it will lead to ________.
How the technology can be used specifically in the case : Describe how the technology can be used specifically in the case you have proposed. Summary of the case integrating proposed solutions(s).
Calculate the deadweight loss associated : Suppose the demand and supply curves for units of university credits are given by the following equations:QD=5,000 -P; QS= -1,000 + 4Pwhere QD
Identify the normal values for each of the given labs : Identify the normal values for each of the following labs. Consider normal values across gender, race, and age, and pregnancy status, when applicable.
Calculate the new price level after the increase : A.According to the quantity theory of money and prices, calculate the new price level after the increase in money supply ___.
Calculate how much will the bank be able to lend : Assuming that no currency leakage? occurs, calculate how much will the bank be able to lend to its customers following the? Fed's purchase. ?$_______ million.
What were the objectives of the management of mitsui : 1. What is (Challenge 21 ) plan of Mitsui & Co., Ltd. 2. What were the objectives of the management of Mitsui & Co., Ltd.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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