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Author Question: The following equations represent the demand and supply for bird feeders. QD = 35 - P QS = -5 + 3P ... (Read 123 times)

Medesa

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on: Jun 29, 2018
The following equations represent the demand and supply for bird feeders.
  QD = 35 - P
  QS = -5 + 3P
 
  What is the equilibrium price (P) and quantity (Q - in thousands) of bird feeders?
 
  A) P = 5; Q = 30 thousand B) P = 35; Q = 20 thousand
  C) P = 20; Q = 20 thousand D) P = 10; Q = 25 thousand

Question 2

Which of the following statements about an entrepreneur is true?
 
  A) develops the vision for the firm and funds the producing unit
  B) sells his entrepreneurial services in the output market
  C) does not face personal risk
  D) purchases other factors of production in the output market
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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bfulkerson77

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Reply #1 on: Jun 29, 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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Medesa

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

epscape

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Reply 3 on: Yesterday
Excellent

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