Equilibrium price & quantity, Microeconomics

Assignment Help:
Research has revealed the following information about the market for Thomas chocolates; the demand schedule can be represented by the equation Qd=850 @20 dollar. The supply schedule can be represented by the equation Qs= -350 @40 dollar,calculate the equilibrium price & quantity in the market for Thomas chocolates.

Related Discussions:- Equilibrium price & quantity

Fit a simple linear regression model to the data, 1. Refer to the data in t...

1. Refer to the data in the file "asm2Q1.xls" on the annual number of fatalities (FATALS, y ) from gas and dust explosion in coal mines for the years 1915 to 1978 and the number o

Need anser, Consider what would happen if a taxes of 10000$ was imposed on ...

Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the

Short run, critically evaluate the two main utility theories

critically evaluate the two main utility theories

How might governments lower the natural rate of unemployment, How might gov...

How might governments lower the natural rate of unemployment? An easy way to organise the answer is to separate possible solutions into two broad groups; interventionist and m

Market structures, Ask question #Minimum 1 00 words accepted#

Ask question #Minimum 1 00 words accepted#

Consumer equlibrium, have to do a group project on consumer equlibrium. plz...

have to do a group project on consumer equlibrium. plz help on wat sub topics to select (i am in college 1st year)

Definition of labour force, Q. Definition of labour force? Labour Force...

Q. Definition of labour force? Labour Force:Total population of working-age people who are willing and able to work and who thus have ‘entered' labour market. Labour force incl

Revealed preference theory, discuss the revealed preference theory of consu...

discuss the revealed preference theory of consumer behaviour

.redox, how to write an half equation

how to write an half equation

Write Your Message!

Captcha
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