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Assume that the demand curve for sportingguns is described by Qd = 100 - 2 P and the supply is described by Qs = -20 + P whereQd and Qs are expressed in millions of guns and P is expressed in $'s/gun.
(a) Compute the competitive equilibrium price and quantity. As well, compute the total value created in the market for sporting guns. Clearly show all calculation and illustrate your answer using a well-labeled graph.
(b) Suppose that the government views sporting guns as a luxury product and taxes the consumers $6/gun for each gun they buy. Calculate the new price of sporting guns and the quantity of sporting guns with the tax. What is the effect on consumers and on producers of sporting guns as a result of the tax? Clearly show all calculations and illustrate your answer using a well-labeled graphs.'
(c) What is the net effect of the tax on the market of sporting guns? Specifically, calculate the dead-weight loss owing to the imposition of the tax on sporting guns. Clearly show all calculations and illustrate your answer using a well-labeled graph.
Write a program segment that translates an integer value into a letter grade. Between 90 and 100 the segment should output 'A', between 80 and 89 it should output 'B', between 70 and 79 it should output 'C', between 60 and 69 it should output 'D' ..
Discuss the pros and cons of selecting (outsourcing to) three different vendors to handle three different IT/IS activities.
The purpose of this assessment is to highlight the importance of operation masters in Windows Server 2012/R2. In addition, the assessment will help differentiate between various operation masters.
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1)a )Explain the role of banks on the money supply. What is money multiplier? Explain.b) If the Central Bank increases the required reserve ratio what will happen to interest rate? Using appropriate diagram, show equilibrium in the money market.
A Francis turbine operates at its maximum efficiency point at η0 = 0.94, corresponding to a power specific speed of 0.9 rad. The effective head across the turbine is 160 m and the speed required for electrical generation is 750 rpm.
Can you simply augment this function with code for these new actions, or do you need to fundamentally re-structure how the function works
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When the administrator's user ID is deleted, the system suddenly begins deleting files. This is an example of what type of malicious code?
You are the new DBA for the XYZ company, you have been asked to research best practices for security policies and procedures. Specifically, what information can you provide regarding controls related to each of the following?
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Describe how partner relationship management (PRM) and employee relationship management (ERM) are related to customer relationship management (CRM).
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