the market forces of supple and demand, Microeconomics

Assignment Help:

Market research has revealed the following information about the market for chocolate bars: The demand schedule can be represented by the equation QD= 1,600-300P, where QD is the quantity demanded and P is the price. The supply schedule can be represented by the equation QS= 1,400 + 700P, where Qs is the quantity supplied. Calculate the equilibrium price and quantity in the market for chocolate bars.

Related Discussions:- the market forces of supple and demand

Choices , why is choice inevitable in the understanding of economics scienc...

why is choice inevitable in the understanding of economics science?

Explain labour intensity, Q. Explain Labour Intensity? Labour Intensity...

Q. Explain Labour Intensity? Labour Intensity: Ratio of labour effort expended, compared to total on-the-job compensated labour time. A higher ratio of labour intensity reflect

Demographicwindow, what do you understand by demographic window acess by in...

what do you understand by demographic window acess by india

Hi, I have an assignment need to be done

I have an assignment need to be done

Draw a supply or demand diagram of the treasury bond market, 1) A) Suppose ...

1) A) Suppose that several months of data showed the CPI increasing at a 4.5% annual rate due largely to increases in the price of energy and food related commodities following sev

#title, what is marginal costs?

what is marginal costs?

Micro economics, what is the theory of second best? prove the theorem with ...

what is the theory of second best? prove the theorem with the help of a diagram.

Law of supply, what is the importance of law of supply

what is the importance of law of supply

I am looking for help, ABC ANCA ABNC

ABC ANCA ABNC

Describe the features of monopolistic competition, It is important to under...

It is important to understand the important characteristics of monopolistic competition. The knowledge of these features will enable the students to know how this form of market st

Write Your Message!

Name

Email id

Message

Verfication Code

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

User Account

All Pages