supply and demand liner

Question

Question

math

Answer 1

Similar Homework Help Questions

supply and demand liner
supply and demand liner
1. Demand curve: P = $100 – 2Q Supply curve: P = $10 + 4Q If...

1. Demand curve: P = $100 – 2Q Supply curve: P = $10 + 4Q If a tax of $30 per unit is imposed in this market, the dollar price paid by buyers will be: (show the math) a. 10 b. 20 c. 40 d. 60 e. 80

Supply and Demand

The quantity demanded x of a certain brand of DVD player is 3000/week when the unit price p is $485. For each decrease in unit price of $20 below $485, the quantitydemanded increases by 500 units. The suppliers will not market any DVD players if the unit price is $300 or lower. But at a unit price of $525, they are willing tomake available 2000 units in the market. The supply equation is also known to be linear. Find the...
Supply and Demand

Consider the following hypothetical market for CDs. Suppose that the demand curve for CDs is given by QD=200-10P and suppose that the supply curve for CDs is give by QS=20P-100. a) Sketch the supply curve and the demand curve.b) What are the equilibrium price and quantity of CDs?c) Calculate the amount consumers paid (in total) for CDs
Supply and demand

According to an article in the New York Times, “Sales of DVD’s in the United States have risen dramatically since the discs first went on the market in 1997, thanks in part to a drop in the price of DVD players.” Draw a demand and supply graph for the DVD market and use it to show the effect on this market of a decline in the price of DVD players. Now, draw a demand and supply graph and use it...

Supply and demand

If you have two goods (X, Y) & if demand for good X increases, using the general equilibrium analyses show the effect of that demand increase on both goods, use drawing; show your analyses, as well as the logic of your work