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Author Question: If a demand curve can be stated functionally as QD= 500 - 0.1p and a supply curve as QS= 440 + 0.4p, ... (Read 94 times)

elarge

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on: Oct 12, 2022

Question 1

If a demand curve can be stated functionally as QD = 100 - 5p and a supply curve as QS = 90 + 5p, then the equilibrium quantity and price would be
◦ Q = 95; p = 1.
◦ Q = 1; p = 95.
◦ Q = 95; p = 10.
◦ Q = 190; p = 10.
◦ Q = 190; p = 1.

Question 2

If a demand curve can be stated functionally as QD = 500 - 0.1p and a supply curve as QS = 440 + 0.4p, then the equilibrium quantity and price would be
◦ Q = 940; p = 0.4.
◦ Q = 488; p = 120.
◦ Q = 50; p = 176.
◦ Q = 150; p = 150.
◦ Q = 150; p = 485.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by elarge on Oct 12, 2022

xinyifff

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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elarge

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

Kedrick2014

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Reply 3 on: Yesterday
Wow, this really help

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