Compute the equilibrium price and quantity of apartments

Assignment Help Econometrics

Reference no: EM13235892

Suppose that the demand function for apartments in a competitive market is given by D(p)=200-10p. If there are 20 apartments available, compute the equilibrium price and quantity of apartments. Graph the demand and short-run supply curves, clearly state the equilibrium point and the intersection points of both demand and supply curves with the axes

Reference no: EM13235892

Questions Cloud

Analyze key differences between behaviorist and cognitive : Analyze key differences between the Behaviorist and Cognitive models of learning. Focus on where control of learning occurs in each approach.

Project management software tool against an open source tool : You need to select a tool for project planning and scheduling from various tools available in the market. What factors would you consider in selecting the most appropriate software tool for your company?

Distinguish between motivation, knowledge skills : Distinguish between motivation, Knowledge Skills and Abilities (KSA), and environment. Demonstrate the importance of one of these elements utilizing specific examples.

What is q3 : Two new particles, which have identical positive charge q3, are placed the same 0.0434 meters apart, and the force between them is measured to be the same as that between the original particles, What is q3

Compute the equilibrium price and quantity of apartments : Suppose that the demand function for apartments in a competitive market is given by D(p)=200-10p. If there are 20 apartments available, compute the equilibrium price and quantity of apartments.

Categorize different scheduling procedures for various types : Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines. Your initial post should include explanations and examples and be 200-250 words.

What equitable remedies may be available : Would legal damages make the company whole? What equitable remedies may be available? Explain your answer highlighting the difference between remedies at law and remedies at equity?

What will be the balance on the account after 6 deposits : You deposit today $1500 in an account that pays 1.7% per year. For the next few years you will keep making deposits 8.4% larger than the previous one. What will be the balance on the account after 6 deposits

Explain what is the ph at the equivalence point : A 25.0 mL sample of 0.150 M hydrofluoric acid is titrated with a 0.150 M NaOH solution. What is the pH at the equivalence point? The Ka of hydrofluoric acid is 4.50 × 10-4.

User Account

All Pages