QUESTION 5 Suppose the equilibrium price for soft drinks is $1.00. If the current price in the soft drink market is $1.25 each, O A. there will be a surplus of soft drinks. B. there will be a shortage of soft drinks. C. the supply curve of soft drinks will shift leftward. O D. the demand curve for soft drinks will shift leftward

Q: QUESTION 11 Let D (x) =x2- 12x+ 36. Find the consumer surplus at the equilibrium x=3. E $ 25 $ 12 $…

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Q: Question 1 A concert promoter has found that if she sells tickets for $50 each, she can sell 1200…

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Q: Problem Five: Given the supply and demand functions of a given product, find the equilibrium price…

A: P= Xs^2 + 14*Xs +22 P=-Xd^2-10*Xd+150

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Q: Find the consumer's surplus for the following demand function at the given point. D(x) = (x-3)^2; x…

A: solve the following

Q: The equilibrium price of the given demand and supply functions is p = 15*D +30 p = 100(1.5*s) + 30…

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Q: A monopolist has a cost function of c(y) = y so that its marginal costs are constant at $1 per unit.…

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Q: QUESTION 10 A company finds that it can sell 120 items at a price of $490 each, and sell 440 items…

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Q: 1. If consumption is $6.3 billion when disposable income is 0, and if the marginal propensity to…

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Q: QUESTION 12 Let S(x) =x2. Find the producer surplus at the equilibrium. x =3. $2 $ 27 $9 $ 18

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Q: QUESTION 12 Suppose the demand function D(x) = x² – 12× + 36 and supply function S(x) = x2. Find…

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Q: QUESTION 3 If the demand equation is D(x) = 96 - 1.98x and the supply equation is S(x) = 0.65x+10,…

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Q: In May 1991, Car and Driver described a Jaguar that sold for $980,000. At that price only 50 have…

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Q: Consider the listed actual demand in the table to the left. If the 6-week moving average forecast…

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Q: If the monthly demand function is p = 7230 – 5q? and the supply function before taxation is p = 30 +…

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Q: Given cost and price (demand) functions C(q) = 120q + 44,000 and p(q) = - 2.1q + 880, What price…

A: To find the maximum profit.

Q: Problem 3 - Integrals: The market for a particular consumer good has a demand function given by: q =…

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Q: If the demand equation for a product is = 400 – q? and the supply equation for a product is p= 20q +…

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Q: QUESTION 8 when supply increases, equilibrium price.. .. and equilibrium quantity........ OA.…

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Q: Problem #3 - At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $500…

A: Here use basic concepts of revenue , total cost variable cost and break even

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Q: Question 2 of 16 The selling price per unit of a product is $30, the fixed costs per month are…

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Q: Problem #3 – At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $400…

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Q: Problem Five: Given the supply and demand functions of a given product, find the equilibrium price…

A: For equilibrium condition Supply = Demand. PS=PD

Q: In Problems 59-66, use the price-demand equation to find the values of p for which demand is elastic…

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Q: QUESTION 6 Refer to the graph below. When the price of a product is P2, then the consumer surplus…

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Q: Find the consumer's surplus for the following demand function at the given point. 4) D(x) = (x -…

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Q: What is the consumer surplus when the inverse demand curve is defined by P=1000-((Qd)^3) and the…

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Q: QUESTION 3 Given the demand equation D(x) = -0.2x + 0.9 and the supply equation S(x) = 0.8x + -0.8,…

A: The equilibrium price is where the supply of goods matches demand.

Q: QUESTION 2 Assume that the linear cost and revenue models apply. An item costs $2 to make, If fixed…

A: Solution: According to the linear model, R(x) =mx +b Total Cost = $6000 + (2*400) = $14000 Profit =…

Q: 1. The table to the right shows George’s, Thomas’s, Theodore’s, and Buyer Value Abraham’s…

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Q: Problem 1 (a) Teddy J is a manufacturer of dish washing liquid. If his monthly demand function for…

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Q: Question 1 Part A Teddy J is a manufacturer of dish washing liquid . If his monthly demand function…

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Q: If the demand equation for a product is p = 400 – q² and the supply equation is p= 20g + 10 then,…

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Q: Question 2. Determine the equilibrium price(in hundered rand) and quanity (in thousand units) of a…

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Q: QUESTION 10 Suppose the demand function D(x) = - 3x+7 and supply function S(x) =2x+2. Find producer…

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Q: Question 1 At a price of $90 there is demand for 880 items and a supply of 540 items. At a price of…

A: Given that: At $90 price, demand is 880 items and suppy is 540 items.At $160 price, demand is 600…

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A: Answer:----.                  Date:----02/10/2021

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Q: Question 5 Suppose the monthly cost, in dollars, of producing x daypacks is C(x) = 0.001x + 0.07x2 +…

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Q: dollars) at the indicated unit price  p  for the demand equation. p = 11 − 2q1⁄3;  p = 5 $

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Q: Suppose that the market for air travel between Chicago and Dallas is served by just two airlines,…

A: Let PA = PU = P (= $300) QdU = 10,000 - 100P + 99P = 10,000 - P QdA = 10,000 - 100P + 99P = 10,000 -…

Q: Question 11 A group of retailers will buy 100 televisions from a wholesaler if the price is $340 and…

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Q: Calculate the consumers' surplus at the indicated unit price p for the demand equation. q=120-.25p^2…

A: Given that the demand function is: q = 120 - 0.25p2 ; p = 12 Then we get, 0.25p2 = 120 - q p2 = (120…

Q: Given cost and price (demand) functions C(q) = 100q + 41,000 and p(q) = - 2.1q + 900, What price…

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Q: QUESTION 13 Refer to the graph below. Find the consumer surplus for the demand function, D, when x…

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Q: If worldwide annual sales of smartphones in 2014-2016 were projected to be approximately q=-4p+1,955…

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