Find the demand quantity and the supply quantity

Assignment Help Business Economics
Reference no: EM131524043

Suppose the supply and demand for a certain textbook are given by ?supply: p= 1/3 q^2, ?demand: p=- 1 /3 q^2 + 30, where p is the price and q is the quantity. Find the demand quantity and the supply quantity at a price of ?$25.

Reference no: EM131524043

Questions Cloud

How much energy is stored by the capacitor : How much energy is stored by the capacitor? What is the charge on the capacitor? What is the average current through the flash tube?
Cost of common equity and wacc : The last dividend was D0 = $2.25, and it is expected to grow at a 4% constant rate. What is its cost of common equity and its WACC?
Choose a contemporary school of nursing : Choose a contemporary school of nursing, hospital, nursing home, or other facility in the healthcare arena and research the nursing theory used there.
What is the annual continuously compounded rate of interest : If the stock is currently priced at $73.40, what is the annual continuously compounded rate of interest?
Find the demand quantity and the supply quantity : Find the demand quantity and the supply quantity at a price of ?$25.
Methodologies for your organizational qi plan : Analyze each methodology you researched. Explain the pros and cons of each methodology for your chosen area of improvement.
Draw an influence diagram to represent the decomposition : Explain in your own words the difference between assessing the probability for a discrete event and assessing a probability distribution for a continuous.
Cost of common equity with and without flotation : What is Evanec's cost of retained earnings, rs? What is Evanec's percentage flotation cost, F?
Fiduciary duty a director owes to his or her corporation : What is one fiduciary duty a director owes to his or her corporation? What does this duty require? Do you feel this is appropriate duty?

Reviews

Write a Review

Business Economics Questions & Answers

  What is the optimal pricing strategy for firm selling films

Suppose 2 television stations are offered 2 old Hollywood films: Casablanca and Son of Godzilla. The stations' willingness-to-pay for each is as follows: Station A WTP: Casablanca $8,000 Godzilla $2,500 Station B WTP: Casablanca $7,000 Godzilla $3000..

  Mandatory health insurance plan

A mandatory health insurance plan costs $4,000. One worker earns $24,500 in employment income and $500 in investment income. Another worker earns $48,000 in employment income and $2,000 in investment income. Which of the payment systems in Exercise 1..

  Fractional reserve banking system

The banking system is a fractional reserve banking system with a desired reserve deposit ratio. Banking system is a fractional reserve banking system.

  Assets except fixed assets must increase at the same rate

The company sales forecast to double from $1,000 in 2013 to $2,000 in 2014. Here is the Dec 2013 balance sheet: Cash-$100, accounts receivable-$200, Inventories-$200, Net fixed assets-$500= Total assets-$1,000. All assets except fixed assets must inc..

  Determining the corporate social responsibility

Explain, with examples, the meaning and nature (dimensions) of corporate social responsibility (CSR)

  What businesses and households both sellers

Distinguish between the resource market and product market in the circular flow model. In what way are businesses and households both sellers and buyers in this model.

  What is the price elasticity of supply

Suppose that in a week the price of Greek yogurt increases from $5.00/lb to $5.25/lb. At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?

  What is the equal-payment series

What is the equal-payment series for 10 years that is equivalent to a payment series starting with $15,000 at the end of the first year and decreasing by $3,000 each year over 10 years? Interest is 9% compounded annually.

  What saving rate would yield golden-rule level of capital

Consider an economy in which production characterized by the neoclassical function Y=K^.5N^.5. Suppose, again, that it has a saving rate of .1, a population growth rate of .02 and a average depreciation rate of .03. Determine what saving rate would y..

  Hyundai case studycommon case focuses on the operations of

hyundai case studycommon case focuses on the operations of hyundai the korean automobile manufacturer in china. the

  Calculate the percentage change in price

Using the formula, ((new price - old price)/old price), calculate the percentage change in price. Include a minus sign (-) if the percentage change in price is falling.

  Air-conditioning would be required during fall-spring season

Jenny? Walters, who owns a real estate? agency, bought an old house to use as her business office. She found that the ceiling was poorly insulated and that the heat loss could be cut significantly if six inches of foam insulation were installed. Assu..

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