This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to the demand and supply equations. At a price of 5, there will be ________. Fill in the ... (Read 31 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jul 1, 2018
Refer to the demand and supply equations. At a price of 5, there will be ________.
 
  Fill in the blank(s) with correct word

Question 2

The moral hazard associated with managers whose productivity is difficult to quantify can be decreased with
 
  A) piece-rate contracts.
  B) year-end bonuses.
  C) decreased wages.
  D) adverse selection.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

Qd = 80 - 2 (5 ) = 70 units
Qs = -10 + 4 (5 ) = 10 units
Thus, at a price of 5 which is below the equilibrium price, we have an excess demand or shortage of 60 units

Given the production function Y = 10X + 20X2 - X3, answer the questions below.

Answer to Question 2

B


rl

  • Member
  • Posts: 579
Reply 2 on: Jul 1, 2018
:D TYSM

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

blood supply blood supply
Kobe, Japan Liquefaction of soft fill after a 6.9 Kobe, Japan Liquefaction of soft fill after a 6.9
Alan Price - Poor People Alan Price - Poor People
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
The volume of a well is 40.0 ft3. How many kilograms of concrete will it take to fill the well ... The volume of a well is 40.0 ft3. How many kilograms of concrete will it take to fill the well ...
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library