Demand curve equation and the new equilibrium

Assignment Help Macroeconomics
Reference no: EM131211654

P = 16 - 0.5QD

P = 2 + 0.2 QS

If a tax of $2 per kg is imposed on the producers state the new demand curve equation and the new equilibrium

Reference no: EM131211654

Questions Cloud

What effect will the loan have on faits net income : Fait, Inc. specializes in upgrading cars to meet specialized requirements for safety or comfort. On October 1st, Year 2, the management team decided to improve their production facility. Make the necessary journal entry for the creation of the loan o..
Explain the results in terms of time value of money : Bob and Lisa are both married, working adults. Create a chart summarizing the details of the investment for both Bob and Lisa. Explain the results in terms of time value of money.
Research on wesfarmers internal and external environments : ACC3AUD Auditing and Assurance Assignment. The successful completion of this assignment requires extensive research on Wesfarmers's internal and external environments, operations, strategies and analysis of annual reports. Students are expected to ..
Prices are flexible in the economy : Why is it important that prices are flexible in the economy? Do you think government should be involved in manipulating prices?
Demand curve equation and the new equilibrium : If a tax of $2 per kg is imposed on the producers state the new demand curve equation and the new equilibrium
Calculate watervans economic value added : Calculate Watervan's economic value added (EVA). What is the company's return on capital? (Use start-of-year rather than average capital.) What is its return on equity? (Use start-of-year rather than average equity.)
Calculate the quantity of lime and soda required in kg : Calculate the quantity of lime and soda required in kg for softening 50000 litres of water if the purity of lime and soda are 80% and 90% repectively
Fully functional financial system : What is a financial system and why would a country with a well developed and fully functional financial system be better off than a country without it?
How much additional tax they will personally pay : June and John decide to form a business. They each plan to contribute 20,000 in exchange for a 50percent interest in the business. They will then take out a bank loan for 30,000 to cover the balance of their working capital needs. They want to know h..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Explain the form of money

Paper currency is the most easily recognized form of money. How well does paper currency serve the functions of money if we have an inflation rate of 50-percent per year.

  Define gdp and discuss how it is measured

Define GDP and discuss how it is measured. Compare and contrast the expenditure versus income approach. What are some of the drawbacks of using GDP to measure economic well-being?

  Find the probabiity that both adults

a. Find the probabiity that both adults dine out more than once per week.  Round to 3 places b. Find the probability that neither adult dines out more than once per week.  Round to 3 places c. Find the probability that at least one of the two adults ..

  Calculate the irr for this investment

Calculate the IRR for this investment. How would you explain result of your analysis? (Show your analysis in graphs of present worth versus interest rate)

  Describe quantity demanded demand increases

If my income increases by 10%, then quantity of public transportation demanded drops by 5%. I can say that income elasticity of my demand for public transportation is negative and that public transportation is a normal good. If the demand for chee..

  Why should countries engage in international trade rather

Why should countries engage in international trade rather than remaining self-sufficient and avoiding the unfair competition of low-paid foreign workers?

  What is meant by technological stagnation in the greek

What is meant by technological stagnation in the Greek and Roman Empires? How could "an Overdose of Slavery" be the cause? List two flaws of the slavery explanation. Provide and alternative explanations.

  Describe how an arbitrageur could profit from the situation

Based on the Law of One Price, what is the equilibrium nominal exchange rate between the U.S. dollar and the euro? What is the equilibrium real exchange rate between the U.S. and Europe.Describe how an arbitrageur could profit from this situation.

  Describe the position of india with respect to comparative

Describe the position of India with respect to the comparative advantage it holds in gems and jewellery, software services, and petroleum.

  Theory of market structures

Which type of firm faces the most elastic demand curve? In which of market structures are firms able to earn both accounting and economic profits in the long run?

  Calculate the price per share

A company's total sales in a year were £950,000. The cost price of goods sold was £480,000.

  Why is unemployment an economic problem

What factors make it difficult to determine the unemployment rate and why is unemployment an economic problem?

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!

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