Reference no: EM13208176
Suppose the quantity of good X demanded by individual 1 is given by
X1 = (10-2PX) + (0.01*I1) + (0.4*PY)
and the quantity of X demanded by individual 2 is
X2 = (5-PX) + (0.02*I2) + (0.2*PY)
a) What is the market demand function for total X (= X1+X2) as a function of PX; I1; I2; and PY.
b) Graph the two individual demand curves (with X on the horizontal axis, PX on the vertical axis) for the case I1 = 1000, I2 = 1000; and PY = 10.
c) Using these individual demand curves, construct the market demand curve for total X. What is the algebraic equation for this curve?
d) Now suppose I1 increases to 1100 and I2 decreases to 900. How would the market demand curve shift? How would the individual demand curves shift? Graph these new curves.
e) Suppose PY rises to 15. Graph the new individual and market demand curves that would result.
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Explain what is the molar mass of the protein
: the protein (dissolved in water) displays an osmotic pressure of 319.88 Pa at 310.15 K. If the volume of the protein solution is 22.0 mL, what is the molar mass of the protein?
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Compute the osmotic pressure of this solution
: A solution is made by dissolving 535 mg of this protein in 10.0 mL water. Calculate the osmotic pressure of this solution at 37.0°C in mm Hg.
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Determine the future value at the end of year
: assume that $500 is deposited today, two years from now, four years from now, six years from now, and eight years from now. At a 10% interest rate compounded annually, determine the future value at the end of year 9.
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Find out the mass of acetamide present per kg of water
: Determine the mass of acetamide present per kg of water if the freezing point of this solution is 0 °C. (The freezing point of pure water is 0°C (exactly) at 1 atm pressure and the molal freezing-point-depression constant for water is 1.86°C/m.)
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What is the market demand function for total
: a) What is the market demand function for total X (= X1+X2) as a function of PX; I1; I2; and PY. b) Graph the two individual demand curves (with X on the horizontal axis, PX on the vertical axis) for the case I1 = 1000, I2 = 1000; and PY = 10.
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Explain advantageous to relux the reaction mixture
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State firefly luciferase is the enzyme that allows fireflies
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