What is unusual about this market

Assignment Help Business Economics

Reference no: EM1319087

Q1. Are companies such as Colt 45 also Philip Morris acting in an ethical also socially responsible way? Illustrate what criteria of social responsibility are these companies following?

Q2. Q1. Assume to in a given market the following equations describe market Demand also market supply: Qd = 200 - 4P also Qs = 100.

a) Algebraically find the equilibrium price also quantity also support your answer graphically.

b) Illustrate what is unusual about this market? Give an example of a good or service to might be characterized by this unusual market attribute.

Reference no: EM1319087

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