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

Author Question: If a demand curve can be stated functionally as QD= 500 - 0.1p and a supply curve as QS= 440 + 0.4p, ... (Read 111 times)

elarge

  • Full Member
  • ***
  • Posts: 130
on: Oct 12, 2022

Question 1

If a demand curve can be stated functionally as QD = 100 - 5p and a supply curve as QS = 90 + 5p, then the equilibrium quantity and price would be
◦ Q = 95; p = 1.
◦ Q = 1; p = 95.
◦ Q = 95; p = 10.
◦ Q = 190; p = 10.
◦ Q = 190; p = 1.

Question 2

If a demand curve can be stated functionally as QD = 500 - 0.1p and a supply curve as QS = 440 + 0.4p, then the equilibrium quantity and price would be
◦ Q = 940; p = 0.4.
◦ Q = 488; p = 120.
◦ Q = 50; p = 176.
◦ Q = 150; p = 150.
◦ Q = 150; p = 485.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by elarge on Oct 12, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
Reply #1 on: Oct 12, 2022
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 56% of students answer this correctly


elarge

  • Member
  • Posts: 130
Reply 2 on: Oct 12, 2022
Wow, this really help

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
Titration curve for the tetrapeptide Glu-Gly-Ala-Lys Titration curve for the tetrapeptide Glu-Gly-Ala-Lys
Hockey stick” curve Hockey stick” curve
Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia). Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia).
STDs in the United Stated STDs in the United Stated
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library