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Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q.
(a) If the equilibrium price is $15, calculate the optimal quantity and the consumer surplus.
(b) If price increase to $30, calculate the optimal quantity and the new consumer surplus.
(c) Suppose the club decides to include a membership, what is the maximum membership that the club can fix with the new price?
If the quantity of output demanded at every price level increases by $1 trillion, Illustrate what happens to equilibrium output also prices.
Price Sensitivity/Price discrimination A physical therapy treatment can use a high tech machine to massage patients or a certified massage therapist. If the cost of the machine per unit of service is $100 and the cost of the therapist per unit of ser..
to build trust among virtual team members managers shoulddeep-six the egos and be friendlybuild a shared mythologyavoid
Illustrate what are the factors which involve the provide also demand of which good or service. How do you expect the demand also provide of which good or service to change in the next yr.
The entire principal of the borrowed amount of $10,000 will be repaid in 2 years. However, the quarterly interest of $330 must be paid every 3 months. Find the nominal annual interest rate (always, rate/yr) that you are paying.
Inflation is not the result but the cause of monetary emission. As there's inflation (because of other reasons not important here), people need more money and the central bank needs to print more money. How can you argue against that? As it seems to ..
q1. assume that the reserve requirement is 25 percent. if a single bank has excess reserves of 500000 explain
If the resource prices faced by a firm rise, the result is a(n) The law of supply says that
Explain why each of the following example is not a perfectyl compertitive industry
If you were a manager at PepsiCo, would you try to convince your colleagues that introducing the new soft drink is the most profitable strategy.
Compute the industry o/p also marketplace share at the present price of $2,200, assuming the prices are stable also un such as to change.
Compute and indicate in diagram the level of domestic consumption, domestic production and imports of commodity Y at free trade price.
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