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In the market for facemasks in Alabama, the demand and supply of these masks can be summarized in the following equations:
Qd = 50 - 2PQs = 3P - 15
-Sketch the demand and supply curves (you only need to find the x and y intercepts). Clearly label all parts of the graph. Upload your sketch as your answer to this question.
-Calculate the equilibrium price and quantity and indicate this point on your sketch above.
Identify and discuss three externalities, which can either be positive or negative. Analyze the different stakeholders that are involved in the externality, and identify what their roles are with regard to the externality.
Describe how the risks and the approaches to anticipate these risks differ for each company. Analyze the kinds of risks that are most intimidating for each.
The inverse demand function for natural gas in Altoona is P(q) = 11 - Q. The Altoona market has a single natural monopoly producer with a total cost function of C(Q) = 5Q - 0.005Q2.The public utilities commission is thi..
How to calculate first degree price discrimination problems?
Discuss the various ways governments can handle externalities, such as noise from a local airport or a barking dog or building of commercial office space or an industrial building in a residential area How does the assignment of property rights af..
How do you manage your product in an upcoming recession in terms of shifting the demand curve of your product to the right through non-price factors?Connect all above tools for analysis.
Housing prices: Suppose a condominium can be rented for $1,000 a month, it depreciates at 10 percent per year, and the annual interest rate is 5 percent.
Give at least two reasons why group lending schemes may be better than individual lending ones, and at least two reasons why they may be worse.
derive Karen's optimal consumption using calculus and illustrate your solution on a graph, indicating the coordinates of the relevant points
Suppose the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad. A Federal Reserve official notes: "A restrictive monetary policy can force a contraction o..
Consider the following parameters that describe an economy: C = 50 + 0.8YD I = 70 G = 200 TR = 100 t = 0.2
a firm has the following production function q kl where q output l labour measured in person hours k capital
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