Solution-Slope of the supply curve is closest

Slope of the supply curve is closest

Reference no: EM132479788

A producer's supply function is given by the equation:

Qs = -55 + 26Ps + 1.3Pa where Qs is the quantity of steel supplied by the market, Ps, is the per unit price of steel and pa is the per-unit price of aluminum:

If the unit price of aluminum is 10, the slope of the supply curve is closest to:

A .04

B) 1.30

C) 26.00

Reference no: EM132479788

Questions Cloud

What are the major macroeconomic indicator : What are the major macroeconomic indicators for India and how would you analyze them?

Determine the unrealized gain or loss on the investment : On December 31, 2019, Big Bad Company's stock was trading on the open market for $16.50 per share. Determine the unrealized gain or loss on the investment

Expression for the market inverse supply function : If the price of aluminum is 20, which equation is closest to the expression for the market inverse supply function?

Calculate the net present value, costs of capital listed : Costs of capital listed, (1) calculate the net present value (NPV), (2) indicate whether to accept or reject the machine, and (3) explain your decision

Slope of the supply curve is closest : If the unit price of aluminum is 10, the slope of the supply curve is closest to:

Analyse the company share price history : Calculate the return for investing in the company both short term and long term and identify the main causes of its volatility in return over the corresponding

What happens to supply-price and quantity : What happens to supply, price, and quantity when the government imposes a tax on imports of foreign cars?

Determine the dollar value of cash provided : Ocean Pines prepares their Statement of Cash Flows using the indirect method. Use this information to determine the dollar value of cash provided

What is net cash received over life of the bond investment : The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment

User Account

All Pages

Slope of the supply curve is closest

Reference no: EM132479788

Reference no: EM132479788

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

What is the probability that the cake was made by baker 1

The probability that he reaches his target

Statistical and management conclusion

How formula requires knowing population standard deviation

Sample mean of the sampling distribution

Confidence interval for the true population mean

Distinctive pattern painted on ceramic vessels

Mean and standard deviation of the team times

Review problem related to the home telephone

How to make a wbs of at least three levels

Examine the nonskewness criterion in given case

Countably infinite subset

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT