User Account

All Pages

Determine the equilibrium price and quantity

Assignment Help Business Economics
Reference no: EM132244135

Suppose the market demand and supply functions are QD=2380-5P and QS=12P+1785

Determine the equilibrium price and quantity in this market.

Reference no: EM132244135

Questions Cloud

Describe essential behaviors of the team leaders : Identify and describe essential behaviors of the team leaders and team members in developing work teams into high performance teams.
Obtain the estimation of constant : After learning the basic estimation techniques in CH 4, which of the following regression models will you choose to explore how population and income
One role model from your personal experience : Identify one role model from your professional experience or one role model from your personal experience.
Describe two goods/services that you think they are elastic : Describe two goods/services that you think they are "elastic" and two goods you think they are "inelastic"? Why do you classify them as such?
Determine the equilibrium price and quantity : Determine the equilibrium price and quantity in this market.
Benefits to employers who effectively implement the policy : Think about an employer for whom you or acquaintances have recently worked. Discuss the possible benefits to employers who effectively implement the policy.
Total benefit must be rising at a rate greater : If net benefit is rising, then total benefit must be rising at a rate greater than the rate at which total cost is rising Why?
Discuss the communications and group behavioral issues : Discuss in your learning team the communications and group behavioral issues that might arise in an organization that hires employees for their first job.
Cost function for the phone : for RussCoto produce its new Phone. Using that cost function for the Phone, determinethe profit-maximizing output, price and profit (or loss) for the RussCoPhon

Reviews

Write a Review

Business Economics Questions & Answers

  The population mean weight of non-athletic

The following data represent weights (in pounds) for two random samples of men of approximately 5 feet 10 inches tall and of medium build. The only difference is that the first group is comprised of athletic persons and the second of non-athletic one..

  Interest rate and a study period

The city uses a 5% interest rate and a study period of 20 years. How large does the salvage or residual value have to be for the project to have a PW > 0?

  What are whys that accounts payable managers

What are whys that accounts payable managers make decisions about using free trade credit?

  Find the consumer surplus at the equilibrium price

A manufacturer makes two products. The price functions for the two products are. Assuming that the demand curve is a straight line, and that 600,000 dollars and 350 are the equilibrium price and quantity, find the consumer surplus at the equilibrium ..

  How might the store adjust its labor costs

In February 2015, Wal-Mart announced that it would increase the pay rate for all its lowest paid workers. Is this wage increase a growth in fixed costs or variable costs? Would it be affected by output? If Wal-Mart's sales drop off, how might the sto..

  Explain how should the united states supreme court interpret

Explain how should the United States Supreme Court interpret the United States Constitution.

  Textbook of sustaining competitive advantage

Find one example each (not discussed in the textbook of sustaining competitive advantage) of "competing for the market" and "competing in the market

  Line of high fashion clothing and accessories

In distributing its line of high fashion clothing and accessories, Ralph Lauren considered the following channels. ALTERNATIVES a) Entering into distribution agreement with independent third parties (Macys*, Bloomingdales, Saks…), thereby, generating..

  Q1 suppose you read in the newspaper that all last week the

q1. suppose you read in the newspaper that all last week the fed conducted open market acquires and also on tuesday of

  Should the council approve the proposal

The Townsville City Council is considering a proposal by the mayor to construct a recreational facility at a cost of $1.0 million. The facility is expected to have a useful life of 30 years during which operating costs are expected to average $100,00..

  Why would banks choose to hold excess reserves

Banks earn profit by loaning out money. If banks decide to hold excess reserves (reserves above those required), they will have less money to lend

  Explain how discrimination reduce domestic output and income

Explain how discrimination reduces domestic output and income? Explain 3 of the examples relative to what they do for the beneficiaries of each program.

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