Q 1 the cost to drive on a freeway is 0 at all times of the

Assignment Help Business Economics
Reference no: EM13355020

Q. 1 The cost to drive on a freeway is $0 at all times of the day. This cost establishes equilibrium at 3 a.m. however is low to create equilibrium at 5 p.m. There is a shortage of freeway space at 5 p.m.

a. Graphically Explain how and explicate how carpooling may eliminate the shortage.

b. Graphically explain how and explicate how building more freeways may eliminate the shortage.

2 Diagrammatically explain how and Explicate why there is a shortage of classroom space for some college classes and a surplus for others.

3 Smith has been trying to sell his house for 6 months although so far there are no purchasers. Draw the market for Smith's house.

Reference no: EM13355020

Questions Cloud

Q1 to start this thread do some web research on a company : q1. to start this thread do some web research on a company which interests you and which is publicly traded in some
Q transfers to the rest of the world 20loans to the rest of : q. transfers to the rest of the world 20loans to the rest of the world 60loans from the rest of the world?increases in
Qget an answer from tutors to this homework question : q.get an answer from tutors to this homework question now1.explain how does the existence of money reduce the costs of
Q1 consider the economy as summarized by the above : q1. consider the economy as summarized by the above equations. assume which the mix of fiscal and monetary policies is
Q 1 the cost to drive on a freeway is 0 at all times of the : q. 1 the cost to drive on a freeway is 0 at all times of the day. this cost establishes equilibrium at 3 a.m. however
Q1 illustrate what is a random walk explain how is halls : q1. illustrate what is a random walk? explain how is halls random-walk model of consumption related to the life-cycle
Qconsider once again the microchip market demand for : q.consider once again the microchip market. demand for microprocessors is given by p 35 - 5q. where q is the quantity
Q1 explicate four of problems with the argument which trade : q1. explicate four of problems with the argument which trade protection is needed to protect american jobs.q2.
Q1 options traders appeared to be taking a bullish approach : q1. options traders appeared to be taking a bullish approach to target.illustrate what does a bullish approach mean?

Reviews

Write a Review

Business Economics Questions & Answers

  Way to equalize incomes and wealth

What other economic factors are affected when taxes are raised or lowered, and how are they affected. Should the government increase tax rates on everyone as a way to equalize incomes and wealth.

  Question about social diversity

Determine what are some of the philosophies that influenced Latin America? In what way did they impact the cultures of Latin America?

  Graphical demand and supply analysis

Graphical demand and supply analysis, explain the impact on price and quantity in the market for petrol if oil production is disrupted.

  Q1 connie and stephen must decide how to split a pie

q1. connie and stephen must decide how to split a pie. suppose both of them simultaneously formulate demands x and y.

  Explain regardless of how many widgets are purchased

external benefit generated by sale of marginal widget is $100, regardless of how many widgets are purchased.

  Sir francis galton a cousin of james darwin examined the

sir francis galton a cousin of james darwin examined the relationship between the height of children and their parents

  How much influence does the company have

Illustrate what inconsistent other than price appear to have the biggest impact on the demand products. How much influence does the company have over these inconsistent.

  Household be better or worse

Coupled with $160 annual tax rebate per household. Will the household be better or worse off under the new program.

  What if net foreign debt were percent of gdp

What would be drain on U.S. GDP (as a percentage) from paying interest on net foreign debt. What if net foreign debt were 100 percent of GDP? Size of its foreign debt.

  Does a tug of war between avc and afc eventually take place?

Does a tug of war between AVC and AFC eventually take place?

  Subsequent cost relationships for a single-product

Consider the subsequent cost relationships for a single-product Is there a minimum efficient scale of plant implied by these cost relationships

  Discouraging the flow of trade due to risks and uncertaintie

A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?

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