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Suppose that the (inverse) demand curve for Cranberries is given by P = 40 - 6Q and TC = $4Q + $3Q2
a. What are four conditions required for a competitive market?
b. What is equilibrium Price and Quantity and Profit if the market is competitive?
c. What is equilibrium Price and Quantity and Profit if there are two firms in the market (note Q = q1 + q2)?
d. What is equilibrium Price and Quantity and Profit if there are monopoly in the market (note Q = Q)?
e. If there were 3 firms, where do you estimate the output and the price would be-this does not require a mathematical calculation-it is based on the expectations created by the prior three answers (1-b, 1-c, and 1-d).
A saturated solution of lead(II) chloride was prepared by dissolving PbCl2 solid in water. The concentration of Pb+2 ion in the solution was found to be 1.62*10^-2M . Calculate Ksp for PbCl2 .
To the alchemists, gold was the material representation of purity. It is a very soft metal that can be hammered into extremely thin sheets. If a 1.54 g piece of gold is hammered into a sheet whose area is 34.4 ft2, what is the average thickness of..
QUESTION, Describe the preparation of iodine for use in food test, A positive iodine test, Describe the tests for carbohydrates
Consider to the structure of 1,3-biphosphoglycerate provide one chemical instance for the large Delta(G)Prime value of the compound.
at 25 C, a sample of NH3(molar mass= 17g/mol) effuses at a rate of .050 mole per min. under the same conditions, which of the fallowing gases effuses at approximately one-half that rate
describe the soil and site characteristics of soilderived from older fresh water sediments as one of the six soil
Naturally occuring sulfur consists of four isotopes: 95.0% 32s (31.97207amu); 33s (32.97146amu, 0.76%);
How many Kilowatt hours of energy are necessary to heat the air in the room from 7'c to 28'C? The heat capacity of air is 1.03 J/g'C
What patterns do you notice about the charges of the ions with respect to their positions in the periodic table (or their group number in the periodic table)
Question- Please why is the following reaction not a good method to make ethyl propyl ether? Please explain your reasoning.
For a reaction of the form, A + B + C Products, the following observations are made: doubling the concentration of A increases the rate by a factor of 4, doubling the concentration of B has no effect on the rate, and doubling the concentration of ..
What is the number (actual count) of [H+] in 10 mLs of water at a specific pH (like pH 9, 7, 2 etc.)
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