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Author Question: The inverse supply curve of coffee beans equals P = -5 - 2rain + Qs, where rain equals the number of ... (Read 88 times)

nmorano1

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on: Jul 1, 2018
The inverse supply curve of coffee beans equals P = -5 - 2rain + Qs, where rain equals the number of inches of rain per year. How much does quantity supplied change when rain increases from 30 inches to 40 inches per year?
 
  A) Qs decreases by 40.
  B) Qs increases by 40.
  C) Qs increases by 30.
  D) Qs decreases by 30.

Question 2

What is the total market supply, Qs, for luxury sports cars in the United States if the only three suppliers inverse supply functions are P = -10 + 5Qs1, P = 20 + 5Qs2, P = 5Qs3?
 
  A) P = 10 + 21Qs
  B) Qs = -2 +P/15
  C) Qs = 6 + P/15
  D) Qs = -2 + P/15
Microeconomics ¦ Perloff ¦ 8th Edition
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Cnarkel

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Reply #1 on: Jul 1, 2018
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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nmorano1

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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