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demand with zero transaction costs is Q( to the 1st power)D= 50-P and supply is Qs=-7+ 2P. a. Verify all the prices and quantities calculated in the discussion. b. Now assume that intermediaries come from a competitive market with and equilibrium price of $8 per unit for their services, that is, any buyer or seller who wants an intermediary's services must pay $8 for them. What is the maximum per unit that sellers are willing to pay intermediaries if hiring them saves buyers $8 in transaction costs? c. Does your answer to Question 16a change if buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers?
what are the roots of the equation roots of the equation 3(tan^4(x)+1)=10tan^2(x) in the interval [pi and 3pi/2]
When solving a radical equation, explain why it is important to try and isolate the radical term. If the radical term cannot be isolated, describe exactly how this will affect the process of solving the equation. Give an example.
Consider a desktop publishing system used to produce documents for various organizations. Give an example in which system availability is the most impotent requirement. Please be very brief.
At Shaw's Market apples cost $10 per case and bananas cost $6 per case. If an order comes in for a total of 300 cases for $2,000, what was the specific number of cases of apples? (Hint, Let A = cases of apples)
Traci is planning to sell her house, and she is considering making two upgrades to the house before listing it for sale. Replacing the carpeting will cost her $3,000 and replacing the roof will cost her $6,000. Traci expects the new carpeting to i..
Describe in general how the system is being used and explain the effect on the above measurement (CPU utilization) if the following occurred
If the per-unit price of college education rises and the prices of all other items fall, is it possible for the consumer to end up on the same indifference curve as before the price change If so, will the consumer be purchasing the same market bas..
Let the market demand for rye bread be given by Q = 500 I - 250Prye 400Pwheat, where Q is monthly demand in number of loaves, I is average monthly income in dollars, Prye is the price of a loaf of rye bread, and Pwheat is the price of a loaf of wh..
The national highway traffic safety administration.raised the average fuel efficiency standard to 35.5 miles per gallon for cars and light trucks by the year 2016. The rules will cost consumers an average of $434 extra per vehicle in the 2012 mode..
base elevation of 8700 ft, mountain peak in colorado rises 14407 ft over distance of 15844 ft. find the grade of the peak.
The supply and demand equations for a hypothetical perfectly competitive market are given through QS=-100+3P and QD = 500 - 2P.
There are two brands of cell phones that are almost identical except for some minor features, the A-Phone and the Pomegranate.
The short run is decision making period during which at least one input is considered fixed. The fixed input is generally considered to be some aspect of capital,
Illustrate what would happen if CPI decided to raise prices unilaterally in this toothpaste market.
A truck powered by a diesel engine working at a 100 percent load factor is operated at a mine. If fuel consumption for this truck is 0.3 l/kW
Describe how the indicator was created and its current value. What does this key indicator say about the current economic condition.
Define Supplier-Induced Demand and propose a research study to identify the presence of SID and its effect on the utilization of physician services.
Explain is low stable inflation also deflation better for the economy.
Should a country's income be distributed to its members according to their contributions to the members' requires? Should society attempt to equalize income/economic opportunities?
Assume the United State economy begins in long run equilibrium. Concerns about global climate change cause government to significantly restrict production of electricity form fossil fuels.
Describe the US household is harmful to the economy with the use of AS-AD diagrams.
Compute mean, standard deviation & CV of sales. The demand for MICHTEC's products is related to the state of the economy.
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