Explain how supply or demand be affected

Assignment Help Business Economics
Reference no: EM131094585

Explain how supply or demand be affected when the following things occur: Oranges- after a tornado Automobiles – after a major recall Spinach- after the FDA announces that spinach can prevent cancer Flu Vaccines – after technology was discovered to mass produce flu vaccines.

Reference no: EM131094585

Questions Cloud

Find the total consumer surplus in the market : A competitive market has 30 identical firms each with a short-run cost of SC(q) = 3/2q2 + 15q + 150. The market demand for the good is P =105 – 1/5QD. Find the equation for the market supply curve P = S(QS) and use that to find the equilibrium price...
Was this aberration or the beginning of new trend : Let us discuss America's imperialist episode in 1898 when, almost point-blank it took four colonies. Was this an aberration or the beginning of a new trend? Can you think about our current times and find any similarities or parallels?
What is its internal rate of return : The Walton Daily News is investigating the purchase of a new auxiliary press that has a projected life of 18 years. It is estimated that the new press will save $30,000 per year in cash operating costs. If the new press costs $217,500, what is its in..
Compute the annual internal rate of return : A real estate investment of $200K will result in monthly rental earnings of $1K for 8 years, and will then be sold (with certainty) for $250K. Compute the Annual internal Rate of Return for this investment.
Explain how supply or demand be affected : Explain how supply or demand be affected when the following things occur: Oranges- after a tornado Automobiles – after a major recall Spinach- after the FDA announces that spinach can prevent cancer Flu Vaccines – after technology was discovered to m..
Police departments increase their applicant pool : College Degrees Required for Police Officers Many Police Officer positions being advertised today require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police depa..
Concepts such as demand-supply and elasticity : It is mandatory that you use proper economic language or concepts such as “demand”, “supply”, “elasticity”, etc. on you posting. Additional research is required and strongly encouraged.
What is the present worth and the future worth : An asset has a first cost of $20,000, O&M cost of $600 which increases $100 per year after the first year, salvage value of $5,000 and a life of 6 years. At the interest rate of 5%, what is the present worth and the future worth?
Competitive firm uses capital and labor to produce output : A perfectly competitive firm uses capital and labor to produce output, in the short run, according to the following production function: Q=K1/2L1/2 1. Find the amount of capital and labor that will maximize profits 2.Show second order conditions for ..

Reviews

Write a Review

Business Economics Questions & Answers

  Policy of laissez faire in managing economic activities

Adam Smith favors a policy of laissez faire in managing economic activities. Why? Economics deals with the efficient use of resources? Why? Marginal analysis tends to produce more optimal outcomes when working with scarce resources. How?

  Assume the price of large gulf shrimp

Assume the price of large gulf shrimp is $18 per pound and that the price of hard shell Maine lobster tails is $36 per pound. Your professor uses ½ pound of lobster or ½ pound of shrimp with various pasta dishes. In a typical month he cooks 4 shrimp/..

  Evaluate two views utilizing income and substitution effects

President says that wages probably should be cut so that workers could not afford to miss so much work. Evaluate two views utilizing income and substitution effects in your analysis.

  Government has legal monopoly on printing

The U.S. government has a legal monopoly on the printing of U.S. currency. For the sake of this question, suppose the government decides to relinquish its monopoly—the Department of Justice will “break up” the federal government’s monopoly on U.S. cu..

  How will an increase in the savings rate affect the growth

How will an increase in the savings rate affect the growth rate of per capita output in an endogenous growth model?

  What is the long-run market equilibrium in market

Suppose the daily demand function for pizza in Berkeley is Q = 1,525 – 5P. The variable cost of making Q pizzas per day is C(Q) = 3Q + 0.01Q2, there is a $100 fixed cost (which is avoidable in the long run), and the marginal cost is MC = 3 + 0.02Q. T..

  What economic policy changes might you expect

Three months ago you purchased, at par, a $100,000 bond with a stated interest rate of 5%. Today, the Federal Reserve announced

  Q1 assume the following data for a country total population

q1. assume the following data for a country total population population under 16years age of institutionalized 120 not

  Hiro nakamura is ceo of the cola king bottling company

Hiro Nakamura is CEO of the Cola King Bottling Company, a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals

  Provide healthcare examples of the following market failure

Provide healthcare examples of the following market failure:

  Response to the foreign recession

Explain the likely effects of a U.S. recession on the demand for Canadian exports. What would be the effect on Canadian aggregate demand? Suppose the Bank of Canada viewed its monetary policy as being appropriate (for keeping output close to potentia..

  Simulation function in simetar for the random

Generate a PDF and CDF using the simulation function in simetar for the random variable X that follows a normal distribution with a mean of 20 and a standard deviation of 4. Remember that simetar uses the standard deviation to produce the distributio..

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