User Account

All Pages

Determine market price of rhubarb

Assignment Help Macroeconomics
Reference no: EM132422591

Suppose that the domestic demand and supply equations for rhubarb are Qd = 60,000 - 400P and QSD = 20,000 + 500P. The foreign supply equation is QSF = 20,000 + 100P. Suppose an import quota of 13,000 tons is imposed in the domestic market. What will be the new market price of rhubarb?

Reference no: EM132422591

Questions Cloud

Legal fees and lobbying to defeat the proposed legislation : What is the maximum amount that Gremlin is prepared to spend on legal fees and lobbying to defeat the proposed legislation?
Assess how consumers determine value for various purchase : Pick two specific consumers that seemed to be very different from each other. Contrast how these two (2) consumers progressed through the consumer perception
What is the subgame perfect equilibrium : If neither firm innovates, both firms will earn $10. If c = 12, what is the subgame perfect equilibrium?
Gotham charge during off-peak hours to maximize profit : During off-peak hours the price elasticity of demand is -5. How much should Gotham charge during off-peak hours to maximize profit?
Determine market price of rhubarb : Suppose an import quota of 13,000 tons is imposed in the domestic market. What will be the new market price of rhubarb?
What is the product or service in singapore : Include what you believe the communication objectives to be based on your assessment of the campaign?what is the customer need it fulfills?
Determination in the competitive labor market : Explain the role labor's productivity plays in wage determination in the competitive labor market. If productivity increases, what happens to wages and why?
What are consumers likely to do : What is likely to happen in the marketplace once this policy is in effect? What are consumers likely to do? How are suppliers likely to respond?
Monopolist charge for microchips to maximize profits : The price elasticity of demand for microchips is -2.5. How much should a monopolist charge for microchips to maximize profits?

Reviews

Write a Review

Macroeconomics Questions & Answers

  How the gdp could be true by using aggregate demand

In the boom years of the late 1990s, it was often said that rapidly increasing stock prices were responsible for much of the rapid growth of real GDP. Explain how this could be true by using aggregate demand and aggregate supply analysis.

  Examine our countrys current and global economic position

FIN 334 - ECONOMIC AND STOCK MARKET ANALYSIS - Briefly examine our country's current and global economic position. (Maximum 2 pages exclusive of any exhibits)

  Procedural programming and object-oriented programming

Describe the difference between procedural programming and object-oriented programming?

  Why competition among firms in the bpo market is strong

According to BusinessWeek Online, worldwide spending on IT services andoutsourcing are expected to modestly grow through the end of this decade. Growth in business-process outsourcing (BPO)-the practice of hiring a third party to administer and ma..

  Advantages that a negative income tax

What is the answer " Describe the advantages that a negative income tax has over other programs that have the same purpose." ?

  Elulcidate briefly the fundamental determinants of economic

Elulcidate briefly the fundamental determinants of economic growth and development.

  Amount of product differentiation

George says, "If the amount of product differentiation in a monopolistically competitive industry is very small, the outcome in that market will not be very different than if it were a perfectly competitive industry."

  Current macroeconomic situation

Write your individual answers to the questions listed above together in essay format (minumum of 300 words combined in APA style), using correct economic terms covered in the discussions. If you only write 300 words, you probably won''t be able to fu..

  How the fed used these three tools during financial crisis

Three tools used by the Fed to control the money supply? How the Fed used these three tools during the financial crisis of fall 2008

  Journalize receipt of grant proceed in special revenues fund

In the General Fund, journalize the receipt of the $30,000 from the Special Revenues Fund. Journalize receipt of the grant proceeds in Special Revenues Fund.

  1nbsp below are six statementsnbsp indicate whether each

1nbsp below are six statements.nbsp indicate whether each one pertains to microeconomics mic or macroeconomics

  Suppose we have a data set with only two observations y1

suppose we have a data set with only two observations y1 and y2. the general formula for the sample average is sample

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