Show supply and demand in the electronic dog feeder market

Assignment Help Macroeconomics
Reference no: EM13213208

You have been hired by a new firm selling electronic dog feeders. Your client has asked you to gather some data on the supply and demand for the feeder, which is given below, and address several questions regarding the supply and demand for these feeders. Price/Feeder Quantity Demanded Quantity Supplied price/feeder Quantity Demanded Quantity supplied $300 500 1800 270 600 1700 240 7000 1600 210 8000 1500 180 1000 1400 150 1100 1300 120 1200 1200 90 1300 1100 60 1400 1000 30 1500 900 10 1600 800 Your client has asked that you develop a report addressing the following questions so that you can present these findings to their Board of Directors: Construct a graph showing supply and demand in the electronic dog feeder market, using Microsoft Excel.

Reference no: EM13213208

Questions Cloud

Explain extract the copper from the copper nitrate solution : Name a metal that could be used in a future experiment to extract the copper from the copper (II) nitrate solution
What output level will yield the largest possible profit : What is the marginal cost per unit for the first 50 units $ per unit for the first 50 units. What is the marginal cost for units 51 and higher? $ per unit for subsequent units. For each of the first 50 units, does MR exceed MC For the units 51 and..
Define calculation of the ksp value be affected the endpoint : the calculation of the Ksp value be affected if the endpoint of titration was surpassed (i.e. too much HCl was added)?
Analyze the sensitivity of the project npv : Obtain the cost of equity capital and the perpetuity growth rate from the two stage dividend discount model for Boeing. Modify the spin button to show two decimals.
Show supply and demand in the electronic dog feeder market : You have been hired by a new firm selling electronic dog feeders. Your client has asked you to gather some data on the supply and demand for the feeder, which is given below, and address several questions regarding the supply and demand for these ..
Explain how would this affect the calculated ksp : How would this affect the calculated Ksp (for Ca(OH)2)? How would this affect the calculted molar solubility of Ca(OH)2
Explain what is the range of acetaminophen dosages : What is the range of acetaminophen dosages, expressed in mg accetaminophen/kg body weight, for chidren who weigh between 24 and 35 b? 
Explain when a mixture of ph3 comes to equilibrium : When a mixture of PH3, P2, H2 comes to equilibrium at 873 K according to the reaction 2PH3 (g)= P2(g) +3H2(g) Kp=398 at 873K
Explain role of inventories in keeping actual expenditures : Draw a graph representing a hypothetical economy. Carefully label the two axes, the S + T + IM curve, the I + G +EX curve, and the equilibrium level of real GDP. Illustrate the effect of an increase in the level of autonomous saving.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Gdp would help to predict the amount of inventory stock

Explain how one of the components of the GDP would help you to predict the amount of inventory to keep in stock if you were the owner of a retail store and were placing a merchandise order for the next few months.

  Deposit creation process using deposit multiplier

What is the net effect on the money supply in the economy? Show your work. Assume instead that Sammy uses the $10,000 he receives to pay back a loan from Bad Boys Bank. $8,000 goes to repay the loan itself, and $2,000 represents his Interest payme..

  Effect of decrease in price of substitute good

Suppose that a competitive industry is in long Run competitive equilibrium. Then the price of substitute  good (in consumption) decreases. What will happen to the short run to

  Explain how would the subsiquent changes in price affect

Explain how would the subsiquent changes in price affect total revenue. What are the major determinants of price elasticity of demand.

  Canadian opportunity cost and production possibilities

What is opportunity cost of producing a car in Canada? What is the opportunity cost of producing the tonne of wheat in Canada? Describe the relationship between the opportunity costs of two goods.

  Illustrtae what were the challenges that these policy

Illustrtae what were the challenges that these policy makers perceived at the time in terms of both the Business Cycle and broader social policy.

  What president roosevelt might have been trying to achieve

In 1939, with the U.S. economy not yet fully recovered from the Great Depression, President Roosevelt proclaimed that Thanksgiving would fall a week earlier than usual so that the shopping period before Christmas would be longer.

  Determine the cost to the government of buying firms

Consider a market where supply and demand are given Qx^s=-10 +Px and Qx^d= 56-2Px. Suppose the government imposes a price floor of $25, and agrees to purchase any and all units concumers do not buy at the floor price of $235 per unit. a. Determine..

  Equilibrium level of national income

Suppose an economy characterized by the following equations; Assume W=10,000. Draw the aggerate expenditure function on a scale diagram along the 45 degree line.

  Illustrate what economic forces and mechanisms work

Illustrate what economic forces and mechanisms work to maintain trade equilibrium. How does the balance of trade impact business decisions.

  Elasticity of demand

How much does the gross price increase in each market

  How did the recent financial crisis affect financial service

What factors led to the mortgage default crisis How did mortgage defaults affect banks involved in mortgage lending and mortgage investing Securitization TARP What do these mean How did mortgage-backed securities spread losses during the mortgage ..

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd