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

Author Question: A decrease in demand is represented by: a. a shift outward of the entire demand curve. b. a shift ... (Read 116 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
A decrease in demand is represented by:
 a. a shift outward of the entire demand curve.
  b. a shift inward of the entire demand curve.
  c. a movement along the demand curve in a southeasterly direction.
  d. a movement along the demand curve in a northwesterly direction.

Question 2

Globo Public Supply has 1,000,000 in assets. Its demand curve is: P = 206 - .20Q and its total cost function is: TC = 20,000 + 6Q where TC excludes the cost of capital. If Globo Public Supply is UNREGULATED, find Globo's optimal price.
 a. 206
  b. 106
  c. 56
  d. 6
  e. 3


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mariahkathleeen

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

b

Answer to Question 2

b


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
Excellent

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Blood PH Curve Hemoglobin Blood PH Curve Hemoglobin
To cleanse an open wound, begin close to the wound and work outward in full or half circles. To cleanse an open wound, begin close to the wound and work outward in full or half circles.
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Decrease in mean haplotype heterozygosity Decrease in mean haplotype heterozygosity
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library