Find the equilibrium price and quantity in market, Corporate Finance

The widget market is competitive and includes no transaction costs. Five suppliers are willing to sell one widget at the following prices: $30, $29, $20, $16, and $12. Five buyers are willing to buy one widget at the following prices: $10, $12, $20, $24, and $29. What is the equilibrium price and quantity in this market?

 

Posted Date: 3/13/2013 7:06:14 AM | Location : United States







Related Discussions:- Find the equilibrium price and quantity in market, Assignment Help, Ask Question on Find the equilibrium price and quantity in market, Get Answer, Expert's Help, Find the equilibrium price and quantity in market Discussions

Write discussion on Find the equilibrium price and quantity in market
Your posts are moderated
Related Questions
Question: Car Maker Ltd is a multinational. In one of the countries where it is present, current legislation makes it compulsory for companies to pay a gratuity lump sum at ret

Equal division divides M equally over the SKUs in N. Thus, There are two main reasons for including this simplistic approach. First, the approach is used by the case compan

Ask qCan the goal of maximizing the value of the stock conflict with other goals such as avoiding unethical or illegal behavior? In particular, do subjects like customer and employ

1. You are working as an accountant for ABC Group Ltd. Your directors have asked you to prepare the necessary consolidation journal entries for the year ended 30 June 2009 (Narrati

Question: (a) Distinguish between open-ended funds and closed-ended funds. (b) Briefly explain the differences between fundamental analysis and technical analysis. (c)

Cooper Toys sells a portable baby stroller called the Tot n' Trot. The past two years of demand for Tot n'Trots are shown in the table below. Use an appropriate method to forecast

Question: There are two stocks, stock A and stock B. The price of stock A today is $70. The price of stock A next year will be $50 if the economy is in recession, $80 if the ec

why debt and preferred stock do not meet each other while in determining indifference point...

how would the concept of economic value added reduce the problem of agency conflict

1. A contributes property to X, a newly formed corporation, in exchange for 75 shares.  As part of the same transaction, B contributes services to X in exchange for the remaining 2