User Account

All Pages

Question regarding the supply and demand equations

Assignment Help Business Management
Reference no: EM131082419

This problem involves using supply and demand equations. Suppose the market is defined by

Demand: Q = 40 - 3P

Supply: Q = 8 + 1PGiven these equations, you must find the equilibrium in the market.

Then, you must find the surplus that exists in the market when the actual price is equal to P = 10.

1. Equilibrium Price =

2. Equilibrium Quantity =

3. Surplus that exists at Price = 10. Surplus =

Reference no: EM131082419

Questions Cloud

Write a preprocessing script to create a file : Write a preprocessing script to create a file
Motivates those employees working for you : As a manager, how would you even determine what motivates those employees working for you?
How do they know how to perform this precise navigation : Desert ants leave their nests zigzagging in search of food. When they find some, they navigate nearly in a straight line back to their nests. How do they know how to perform this precise navigation? In fact, how do they even know that they should ..
Use newton method to find solutions of the equation : Estimation: Newton's method and areas. Try to compute ln(2) without a calculator. In other words, use Newton's method to approximate the solutions of the equation ex - 2 = 0
Question regarding the supply and demand equations : This problem involves using supply and demand equations. Suppose the market is defined by Demand: Q = 40 - 3P Supply: Q = 8 + 1PGiven these equations, you must find the equilibrium in the market.
Interest in attending a training class : Propose two (2) ways to motivate an employee who has no interest in attending a training class.
Does this reduce the amount of memory used : Does this reduce the amount of memory used?
Article using valid arguments and supporting data : Write a 350- to 700-word rebuttal to the article using valid arguments and supporting data. In your rebuttal, offer an analysis in which you do the following:
Wages of security guards for manufacturing plant : Direct or indirect costs with respects to each individual focus group - variable or fixed costs with respect to how the total costs of Ace Marketing Private Limited change as the number of focus groups changes.

Reviews

Write a Review

Business Management Questions & Answers

  Explain which retained and perfected a security

Explain Appliance Store acquired inventory on credit from TV Manufacturer and Explain which retained and perfected a security interest in the TV sets until they were paid for

  Conducting a swot analysisrapid reflection model

conducting a swot analysisrapid reflection model characteristicsin 300 words or less briefly describe a situation where

  Organizational characteristics of 100 year old companies

What organizational characteristics do you think might explain 100-year longevity

  Writing persuasive memos

Draft a persuasive e-mail addressed to Business Division faculty members. Ask them to begin emptying their own desk trash cans weekly

  Department of human resources

You have just accepted a job at the State of Iowa in the Department of Human Resources - you are now the Director of HR for the State of Iowa. A large portion of your new role is to assist the small business owners located throughout the State of ..

  Provide a rationale for your response.

Provide a rationale for your response.

  What was snos positioning strategy

Were there any elements of what defines a useful segment that Sno did not include in his segmentation? What impact may that have had on the success of his marketing plan?

  Relationship marketing is to identify and establish

Relationship marketing is to identify and establish

  Cruise industry and the actions of competitors

What specific financial damage has the company suffered? Look at Yahoo Finance or the Wall Street Journal. Make an overall assessment of the situation including the status of the cruise industry and the actions of competitors. How can Carnival improv..

  Develop a list of the departmental forms found in record

Explain how the use of a speech recognition software program allows the data to be stored and retrieved, and how this relates to a Clinical Information System.

  Motivation in the jack welch icon of leadership

"Motivation" in the Jack Welch Icon of Leadership video, describe what intrinsic/extrinsic motivators do you see applied within your organization

  Explain how much would a corporate spy be worth trans-rail

If Rail Freight is known to submit bids on only 25% of the projects it considers, illustrate what decision should Trans-rail make? Given the information is (c), explain how much would a corporate spy be worth to Trans-rail to find out if Rail Frei..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd