User Account

All Pages

Government controls the market price

Assignment Help Basic Computer Science
Reference no: EM131962099

The following two linear functions represent a market (thus one is a supply function, the other a demand function). Circle the answer closest to being correct. Approximately what will suppliers willingly supply if the government controls the market price to be $3.00 (You must first find the market equilibrium price and quantity in order to see how the $3.00 relates to them)?

Q = 100 - 4.6P and Q = 75 + 6.2P

1. 2.3 84.3 86.2 89.3 93.1 93.6 (all close, but approximate) Circle the Best Answer

Reference no: EM131962099

Questions Cloud

What does the term marginal cost refer too : What does the Term Marginal Cost refer too? List Formula and Give an example.
Describe the total cost formula and its variables : Describe the Total Cost Formula and its variables. List Formula and discuss each variable both in total and average cost calculations.
Calculate current ratio and long-term debt-to-equity ratio : The balance sheets of ABD Inc. and C Corporation. Calculate current ratio and long-term debt-to-equity ratio of ABD before and after the acquisition.
Which profit measure would google use : Explain the differences between accounting profit compared to economic profits. Which profit measure would Google use? Explain
Government controls the market price : Approximately what will suppliers willingly supply if the government controls the market price to be $3.00 (You must first find the market equilibrium
Compute the amount of net income for the year : There are no owners' equity transactions other than the stock issuance and dividend declaration. Compute the amount of net income for the year.
Describe strategies for using communication techniques : How can you use what you have learned in this class to offer a couple or group of co-workers advice to have more positive relationships?
Identify impacts the event will have on host community : Identify the possible impacts the event will have on the host community - evaluate the event organisation's success in achieving aims & objectives in order
What entry should dairy treats make on january one : What entry should Dairy Treats make on January 1, 2018 to record receipt of the initial franchise fee and the continuing franchise fee for 2018?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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