The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...

Question

Question

The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...

The domestic demand and supply for sugar are Q^d = 700 − 2P and Q^SD = 100 + 4P. The foreign supply is Q^SF = 150 + 3P. What is the total supply of sugar in the domestic market?

Q = 250 + 7P
Q = 800 + 2P
Q = 850 + P
Q = 150 + 3P

business economics

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Add a comment

Answer 2

Similar Homework Help Questions

Consider a competitive market served by many domestic and foreign firms. The domestic demand for these...

Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 800 - 1.5P. The supply function of the domestic firms is QSD = 150 + 0.5P, while that of the foreign firms is QSF = 250. Instructions: Enter your responses for equilibrium price rounded to the nearest penny (two decimal places). Enter your responses for equilibrium quantity rounded to one decimal place. a. Determine the equilibrium price and quantity...
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 1100 - 2.5P. The supply function of the domestic firms is QSD = 50 + 1.5P,...

Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 1100 - 2.5P. The supply function of the domestic firms is QSD = 50 + 1.5P, while that of the foreign firms is QSF = 200. Instructions: Enter your responses for equilibrium price rounded to the nearest penny (two decimal places). Enter your responses for equilibrium quantity rounded to one decimal place. a. Determine the equilibrium price and quantity...
16 . Demand and Supply curves can be represented by: Qd = 90-2P; and Qs =...

16 . Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P. Calculate the equilibrium price and quantity: P = $18; and Q = 54 P = $90; and Q = 45 P = $30; and Q = 54 P = $30; and Q = 30

The market demand and supply is described by the following equations QD = 250 - 2P QS 3P 1) Find the market equilibrium...

The market demand and supply is described by the following equations QD = 250 - 2P QS 3P 1) Find the market equilibrium. 2) What is the CS, PS, and W in this market? 3) Assume that the government introduces a equilibrium? price ceiling of p = 15. What is the new 4) Find the change in CS, PS, and W. Is there Dead Weight Loss? if so, of how much? 5) What does this tell you about the welfare...
The demand for sugar is given by: QD= 420 -0.25P. The supply of sugar is given...

The demand for sugar is given by: QD= 420 -0.25P. The supply of sugar is given by: QS= 4P -1110. The government levies a $85 per unit tax on the suppliers of sugar. Calculate the quantity of units in the market after the tax. QTAX=
1 Suppose the demand for shoes is given by: QD= 210 -2P. The supply of shoes...

1 Suppose the demand for shoes is given by: QD= 210 -2P. The supply of shoes is given by: QS= 9P -120. Calculate the Gains from Trade (also known as Economic Surplus) that would exist in this market in a competitive equilibrium. 2 Suppose the demand for jackets was given by: QD= 140 -0.4P. The supply of jackets is given by: QS= 4P -80. Suppose the price was $49 per jacket. Calculate whether there is a surplus or shortage of...

18. Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P....

18. Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P. Using the same Demand and Supply curves that can be represented by: Qd = 90-2P; and Qs = 3P. Consumer Surplus is: $1944 $342 $729 $486
17. Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P....

17. Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P. Using the same Demand and Supply curves that can be represented by: Qd = 90-2P; and Qs = 3P. Producer Surplus is: $486 $243 $118 $900
Suppose market demand andmarket supply are given by Qd = 15 –4P and Qs = -3+2P...

Suppose market demand andmarket supply are given by Qd = 15 –4P and Qs = -3+2P What are the equilibrium quantity and price in this market? Show your work!!!

industry supply and demand are given by QD=900-2P and QS=3P

industry supply and demand are given by QD=900-2P and QS=3P

The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...

Homework Answers

Add Answer to:
The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...

Post as a guest

Earn Coins

Consider a competitive market served by many domestic and foreign firms. The domestic demand for these...

Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 1100 - 2.5P. The supply function of the domestic firms is QSD = 50 + 1.5P,...

16 . Demand and Supply curves can be represented by: Qd = 90-2P; and Qs =...

The market demand and supply is described by the following equations QD = 250 - 2P QS 3P 1) Find the market equilibrium...

The demand for sugar is given by: QD= 420 -0.25P. The supply of sugar is given...

1 Suppose the demand for shoes is given by: QD= 210 -2P. The supply of shoes...

18. Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P....

17. Demand and Supply curves can be represented by: Qd = 90-2P; and Qs = 3P....

Suppose market demand andmarket supply are given by Qd = 15 –4P and Qs = -3+2P...

industry supply and demand are given by QD=900-2P and QS=3P

The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...

Homework Answers

Add Answer to: The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...

Post as a guest

Earn Coins

Add Answer to:
The domestic demand and supply for sugar are Qd = 700 − 2P and QSD =...