the market forces of supple and demand, Microeconomics

Assignment Help:

Market research has revealed the following information about the market for chocolate bars: The demand schedule can be represented by the equation QD= 1,600-300P, where QD is the quantity demanded and P is the price. The supply schedule can be represented by the equation QS= 1,400 + 700P, where Qs is the quantity supplied. Calculate the equilibrium price and quantity in the market for chocolate bars.

Related Discussions:- the market forces of supple and demand

Need answer as a assignment right now please, Consider what would happen if...

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

Opertunity cost, how do you calculate opportunity cost

how do you calculate opportunity cost

Silicon properties, What are the chemical properties of silicon?

What are the chemical properties of silicon?

ELASTICITY, WHAT ARE THE PRACTICAL IMPORTANCE OF INCOME ELASTICITY OF DEMAN...

WHAT ARE THE PRACTICAL IMPORTANCE OF INCOME ELASTICITY OF DEMAND?

Inorganic chemistry, info about Inorganic chemistry

info about Inorganic chemistry

Significance of wastage in supply and demand calculus, Normal 0 ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Raising and Lowering Tuition, Raise or Lower Tuition? Suppose that, in an a...

Raise or Lower Tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition. Assess a raise in tuition and if it will necessarily res

Risk premium, Risk Premium - The risk premium is amount of money which ...

Risk Premium - The risk premium is amount of money which a risk averse person would pay to keep away from taking a risk. * Risk Premium: A Scenario - The person has a 5%

Compare traditional modern and engineering cost theory, compare traditional...

compare traditional modern and engineering cost curves

Population information, What population information is needed by local auth...

What population information is needed by local authorities to provide the right number of primary and secondary school places? How would such information affect the plans of the lo

Write Your Message!

Name

Email id

Message

Verfication Code

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

User Account

All Pages