User Account

All Pages

What price would exist in the market

Assignment Help Business Economics
Reference no: EM133082116

Assume the supply of a product based on private cost of production is given by 1/2P=Q. If demand is Q=30-1/2P, what price would exist in the market?

Reference no: EM133082116

Questions Cloud

How can you compare the benefits to the costs : Suppose, you have 1,00,000 taka to invest in Post Office's Sanchay Patra or to invest in a new start-up food business.
Regulation that limit the number of lobsters people : Consider the following events: Researchers shows that eating lobsters increases the risk of heart attack, and at the same time, there is a new regulation that l
Retained identical conditions for game : Why have the organisers not retained identical conditions for each game and instead adjusted the prices? Explain your answer.
Consider the hold-up problem that leads to appropriation : Consider the hold-up problem that leads to appropriation after the relationship-specific investment is made. Such hold-up reduces social welfare.
What price would exist in the market : Assume the supply of a product based on private cost of production is given by 1/2P=Q. If demand is Q=30-1/2P, what price would exist in the market?
Derive the two firms total cost functions : The government is about to undertake a large program of public works, repairing and upgrading bridges around the city.
Paper on the myth of public goods : Paper on The myth of public goods and Public goods theory.
Effect on the economy of the country : Select a country of your choice (other than Saudi Arabia) and discuss why the country imposes trade barriers. What is the effect on the economy of the country?
Attendance on the horizontal axis and price of tickets : Use supply and demand to show why teams that win championships typically raise their ticket prices the next season.

Reviews

Write a Review

Business Economics Questions & Answers

  Conversion program for javascript

Conversion Program for javascript: A program that asks the user to enter a distance in meters. The program will then present the following menu of selections:

  Capital budgeting promote financial health of organization

Critically reflect on the importance of capital budgeting. Why is this such a heated subject in many boardrooms? How does capital budgeting promote the financial health of an organization? How will you use the financial techniques you have learned th..

  What are the marginal costs of each firm

Holcim has total cost function T C(Q) = 10Q and Cemex has total cost function T C = 20Q, reflecting the fact that Cemex has to import cement from abroad. What are the marginal costs of each firm? What is Cemex’s best response given the price that Hol..

  Approaches to organizational leadership

In the first paragraph introduction to briefly explain what the different theories of organizational leadership are.

  Determine the rate of return company-equipment proposal

A piece of equipment costing $57,500 is being considered for a production process at Dew Chemicals. The expected benefits per year are $4,500 and estimated salvage value is $10,000. Determine the rate of return the company can get in this equipment p..

  Qmacro-economics is perhaps most divisive area of economics

q.macro-economics is perhaps most divisive area of economics when functionalized to political decision making also

  Describe how the equilibrium changes

Suppose that the demand curve for wheat is Q = 100 − 10p and the supply curve is Q = 10p. The government imposes a price ceiling of p = 3. Describe how the equilibrium changes. What effect does this price ceiling have on consumer surplus, producer su..

  Largest share of cross-country income dierences

1. Which input of production explains the largest share of cross-country income dierences? Which one comes second? Which one third? How do we know?

  Question on completion instructions

There are a number of indexes that track the performance of the stock market. For this assessment please review the Dow Jones Industrial Average

  International trade countries with high wages

Explain how it is that in international trade countries with high wages, such as Germany and the US, are able to compete against countries where wages are lower, such as China and Bangladesh.

  Consumers indifference curve

The following questions refer to the following graph of a consumer's indifference curve. What is the consumer's marginal rate of substitution between points A and C? What is the consumer's marginal rate of substitution between points C and B?

  Markups and prices under third-degree price discrimination

You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1s elasticity of demand is -4, while group 2s is -3. Your marginal cost of producing the product is $20. Determine your optimal..

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