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

Author Question: The inverse supply curve of coffee beans equals P = -5 - 2rain + Qs, where rain equals the number of ... (Read 46 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
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.
Answer Preview
Only 29% of students answer this correctly


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia
(a) Large buttress roots in a tropical rain forest (a) Large buttress roots in a tropical rain forest
Inverse Relation Between IQ and Disease. Could this explain the Flynn effect? Inverse Relation Between IQ and Disease. Could this explain the Flynn effect?
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve. The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
Number 12 Number 12
Video: Chemical Messengers Animation

For a complete list of videos, visit our video library