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13. Hospital Substantially higher services wages are paid to hospital employees with no increase in their productivity. Quantity C. Miscellaneous 14. The equations for the

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13. Hospital Substantially higher services wages are paid to hospital employees with no increase in their productivity. Quantity C. Miscellaneous 14. The equations for the demand and supply curves in a certain market are as follows: Demand: Qd =1000 - 1OP Supply; Qs = 25 + 5P Solve for equilibrium price and quantity 15. In 1941 the good citizens of Flat Rock, Arizona purchased 1213three-speed reversible rectocycles at a price of$ 19.99 each. In 1992 they purchased 2041 at a price of$59.99 each. True or False; These data are inconsistent with the law of downward-sloping demand. 16. Explain your answer to the previous

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