User Account

All Pages

Find the equilibrium price of ipads

Assignment Help Macroeconomics
Reference no: EM131344969

Suppose that the demand for the Kindle is given by QDk = 800-150Pk+50Pi, where QDk is the quantity demanded for Kindles, Pk is the price of a Kindle and Pi is the price of an iPad. Also assume that the demand for iPads is given by QDi = 900 - 100Pi + 20Pk. Finally, assume that the supply for Kindles and iPads are simply given by QSk = 700 + 350Pk and QSi = 800 + 300Pi. Find the equilibrium price of iPads?

Reference no: EM131344969

Questions Cloud

Determine the average time customers : Determine the average time customers spend at the machine, including waiting in line and completing transactions. (Do not round intermediate calculations. Round your answer to the nearest whole number.)
Does the answer change if the discount rate is 20% : Assuming that there is no inflation, that our pro is concerned only about which contract has the highest present value, and that his personal discount rate (interest rate) is 5%, which contract does he accept? Does the answer change if the discoun..
Design an rc op amp circuit that implements block diagram : For the block diagram shown in given Figure:- Find the differential equation the block diagram represents.- Design an RC OP AMP circuit that implements the block diagram.
Intentional human-initiated disaster : You will research a natural, technological, or intentional human-initiated disaster, and the specific population or social issue in the context of that event.
Find the equilibrium price of ipads : Suppose that the demand for the Kindle is given by QDk = 800-150Pk+50Pi, where QDk is the quantity demanded for Kindles, Pk is the price of a Kindle and Pi is the price of an iPad. Find the equilibrium price of iPads
What is the present value of these rental payments : You rent an apartment for two years. You owe a payment of today and another equal nominal payment next year. If the inflation rate is and the real interest rate is i, what is the present value of these rental payments?
Importance of knowing the scope of the project : In this discussion forum, you will discuss the video, discussing the importance of knowing the scope of the project, the scenario of the project, in this case an expedition on extreme weather conditions
Design op amp circuit to solve given differential equation : Draw a block diagram and then design an RC OP AMP circuit to implement the input-output relationship.- Design an OP AMP circuit to solve the following differential equation:
Why did lincoln decide to free the slaves before the war : The Civil War ended in 1865. Why did Lincoln decide to free the slaves before the war even ended?In the Emancipation Proclamation, Lincoln does not mention Delaware, Kentucky, Maryland, and Missouri. These states had slaves but were not part of the..

Reviews

Write a Review

Macroeconomics Questions & Answers

  How to make any appropriate recommendations

The government uses policies like student loans and free trade to influence the economy's growth rate. In 600-1200 words, identify at least four policies from the textbook that the government has created to impact economic growth and productivity.

  Assignment-production possibilities

CleanAuto Inc. has four workers: Julie, Ian, Devon, and Thomas. CleanAuto Inc. provides two services: interior vacuuming and exterior wash. Julie can perform each of these tasks in one hour.

  Describe the sampling distribution of an order for a sample

Missy Walters owns a mail-order business specializing in baby clothes. Missy is confident the dollar amounts of all her orders are normally distributed or nearly so. Assume she knows the mean and standard deviation are $249 and $46, respectively, ..

  Increased and lowered spending of income tax rates

Elucidate what happened in the simulation as you increased and lowered spending and income tax rates

  Federal reserve do to stimulate the economy

Select an organization that has both U.S. and international presences. Write a 750- to 1,000-word paper in which you answer address the following:

  Cost-benefit analysis of particular situation

Assess both the short-term and the long-term costs and benefits of obtaining a graduate degree. Support your decision to obtain a graduate degree with a cost-benefit analysis of your particular situation.

  Formula for calculating the gdp

What is the formula for calculating the GDP for a country and how can it be applied and compared to other countries?

  Where is the united states in the business cycle

Go to the Bureau of Economic Analysis at this Web site, and look up the latest new release for real GDP. Address the following questions after reading the latest release: Where is the United States in the business cycle? What is the real GDP today?

  Find the annual percentage rate

Find the solution using the mathematical equivalence formulae (such as F=P(1+i)n), substitute and solve (with your calculator - not with the tables) for the final answer? Solve by using the proper equivalence expressions (such as F = P(F/P, i, n))..

  Calculate the marginal propensity to consume after the chang

20 years ago the average savings rate was 20 percent of disposableincome. It is predicted that this would drop to 5 percent in lessthan five years

  Can we conclude that it is always a good investment to spend

It is clear that more education results in higher average life time earnings. Therefore, can we conclude that it is always a good investment to spend more income getting more education?

  Because the public can see whether a central bank hits its

Because the public can see whether a central bank hits its monetary targets almost immediately, whereas it takes time before the public can see whether an inflation target is achieved

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