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

Author Question: Refer to the demand and supply equations. At a price of 5, there will be ________. Fill in the ... (Read 27 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jul 1, 2018
Refer to the demand and supply equations. At a price of 5, there will be ________.
 
  Fill in the blank(s) with correct word

Question 2

The moral hazard associated with managers whose productivity is difficult to quantify can be decreased with
 
  A) piece-rate contracts.
  B) year-end bonuses.
  C) decreased wages.
  D) adverse selection.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

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

Qd = 80 - 2 (5 ) = 70 units
Qs = -10 + 4 (5 ) = 10 units
Thus, at a price of 5 which is below the equilibrium price, we have an excess demand or shortage of 60 units

Given the production function Y = 10X + 20X2 - X3, answer the questions below.

Answer to Question 2

B


rl

  • Member
  • Posts: 579
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

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

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

How to solve equations that contain sine using special triangles (Part 1) How to solve equations that contain sine using special triangles (Part 1)
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Price of Computers, 1982–2010 Price of Computers, 1982–2010
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
State the equations State the equations
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library