What is the quanity sold

Assignment Help Business Economics
Reference no: EM131389597

Consumers are willing to pay p(x)=100+x+.001x^2 dollars per item when the quanity is x, with 0<x<112. Assume the market price is 10($/item ). A)What is the quanity sold? B)Write intergral representing consumer surplus. C) Evaluate the intergral from b)

Reference no: EM131389597

Questions Cloud

Despite our elegant models of supply and demand analysis : Despite our elegant models of supply and demand analysis, in real life some prices don’t adjust to changes in market forces right away. Which are typically the slowest to respond?
When a market is addressed by the industrial structures : Discuss the prices and quantities expected (high, highest, lowest, most fewest, etc.) when a market is addressed by the following industrial structures:
Resistance to exchange rate fluctuations : There is resistance to exchange rate fluctuations because changes int he value of a currency are likely to cause all of hte following except.
Determine the cournot equilibrium quantities and price : Consider a market with inverse demand p=100-2q. There are two firms in the market with constant marginal and average costs of $10. Determine the cournot equilibrium quantities and price. What would be the collusive (joint-profit maximizing) price and..
What is the quanity sold : Consumers are willing to pay p(x)=100+x+.001x^2 dollars per item when the quanity is x, with 0
The positive or negative condition of relations : The positive or negative condition of relations between employers and their workers is referred to as
Can the corporation enforce adams stock subscription : Can the corporation enforce Jordan's stock subscription against Jordan's estate?- Can the corporation enforce Adams's stock subscription?
Prepare a risk assessment report with information on threats : Prepare a Risk Assessment Report (RAR) with information on the threats, vulnerabilities, likelihood of exploitation of security weaknesses, impact assessments for exploitation of security weaknesses, remediation, and cost/benefit analyses of reme..
Briefly discuss the role of the cmo in the c-suite : a. Briefly discuss the role of the CMO in the C-Suite. b. Briefly discuss how the availability of large amounts of data is changing how marketing functions.

Reviews

Write a Review

Business Economics Questions & Answers

  Description of the expected behaviors

Post a 1- to 2-paragraph description of the expected behaviors an individual might change because of a long-term relocation to another country. Explain how the choice to assimilate or acculturate might affect the choice of behavior changes. Explai..

  Determinant of bordered hessian matrix

Determinant of bordered Hessian matrix is 57,600. F. If income went up by $1.00, by how much would utility rise.

  What is the quantity of money

If people in Pantherville hold all money as currency, what is the quantity of money - what is the quantity of money?

  Identity the consequences of a strong dollar

Can you identity the consequences of a strong dollar or a weak dollar in the United States Should the U.S. take measure to ensure that the dollar retains its dominant role in global economy.

  What is the central idea of mercantilism and liberalism

Write an essay about each of the IPE perspective has at its center a fundamental value or idea. What is the central idea of mercantilism, of liberalism, and of Marxism?

  Why do you suppose r was included in the equation

Why do you suppose R was included in the equation as a variable? If you were a supplier to the furniture manufacturer.

  Discussion of the impact on relevant components of GDP

Between 1995 and 2000, the S&P 500 more than doubled as the U.s. experienced a technology-driven stock market boom. How does a stock market boom affect GDP? Your answer should include a discussion of the impact on relevant components of GDP.

  A college economics lecture in a classroom is

A college economics lecture in a classroom is

  What is market power and what is an oligopoly

What is market power? What is an oligopoly? How are the two related? I have a summer home in western Michigan. If I want to have internet service, I can buy it from Comcast.....or not have it. Is this a monopoly? Are monopolies a good idea? Why? Why ..

  Price go before it is preferred to shut down

Assume a company has $200 in fixed costs, marginal costs are $10, and the company produces 100 units per year. How low can the price go before it is preferred to shut down? Answer the question for the short run and for the long run

  Using standard demand and supply analysis

Assume that books were sold in a perfectly competitive market. In response to consumer complaints about the high price of books, the government imposes a binding (effective) price ceiling. In order to be effective, where must the price ceiling be set..

  Does the money supply increase more or less

You take $1000 you had kept under your mattress and deposit it in your bank account. If this $1000 stays in the banking system as reserves and if banks hold reserves equal to 20 percent of deposits, by how much does the total amount of deposits in th..

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