Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 17, 2024

Please show your work Find ( a ) the equilibrium point, ( b ) the consumer surplus at the equilibrio, and (c ) the producer

Please show your work

Find ( a ) the equilibrium point, ( b ) the consumer surplus at the equilibrio, and (c ) the producer surplus at the equilibrium point D ( x ) = 4000 - 20 x, S ( x ) = 2750+5x

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Metastability A Potential-Theoretic Approach

Authors: Anton Bovier, Frank Den Hollander

1st Edition

3319247778, 9783319247779

More Books

Students also viewed these Mathematics questions

Question

★★★★★

At what minimum speed musty a roller coaster be traveling when upside down at the top of a circle (Fig. 5-34) so that the passengers will not fall out? Assume a radius of curvature of 7.4m.

Answered: 1 week ago

Question

★★★★★

What are the key factors which should be considered in designing the hospital layout?

Answered: 1 week ago

Question

★★★★★

=+d) Are four out of five consecutive points outside of 1s on either side?

Answered: 1 week ago

Question

★★★★★

1. What is your appraisal of the situation? Does it look good or bad? 2. Would you recommend that Arlene buy the franchise from the woman who has offered to sell? Why or why not? 3. What would you...

Answered: 1 week ago

Question

★★★★★

Get monthly returns of three different random etfs. These monthly returns should be from 2019. Using excel answer the questions below Compute the returns for three portfolios: 1. An equal weighted...

Answered: 1 week ago

Question

★★★★★

Discuss the importance of understanding cross-cultural differences when interacting in international business environments

Answered: 1 week ago

Question

★★★★★

Knightro has three variables that store the length of each of his runs, run1, run2, run3 and he is trying to find the average of these three numbers and save it into the variable name overall. Write...

Answered: 1 week ago

Question

★★★★★

Problem 2. By using R function generate a simple and random sample of size n for the population X ~N(2, 32). 3/n (i) Let n = 20, compute X-2 and (n-1)52. Then, repeat (i) for 100 times X-2 and (n-1)...

Answered: 1 week ago

Question

★★★★★

What does the term "acceptable level" mean when used in the GAO conceptual framework to describe threats to independence? The circumstances are fluid but stable in terms of the auditor's...

Answered: 1 week ago

Question

★★★★★

5. Wabasha Co. has two service departments (A and B) and two producing departments (X and Y). Data provided are as follows: Service Depts. Operating Depts. A B X Y Direct costs $150 $300 Services...

Answered: 1 week ago

Question

★★★★★

4.Find the network Id, broadcast id and the binary conversion of the following IPs. i.20. 210. 47. 225/13 ii.220. 20. 17. 5/27 iii.10. 10. 7. 17/19 iv. 192. 12. 8. 1/18 v.172. 1. 4. 5/20

Answered: 1 week ago

Question

★★★★★

Question 16 0.5 pts Given is the attached model: Phaseplane(1).xIsx . Given the values provided, if we increase the regrowth rate of the prey population, r=3, the population makes some big swings and...

Answered: 1 week ago

Question

★★★★★

1. To gain knowledge about the way information is stored in memory.

Answered: 1 week ago

Question

★★★★★

5. Which metaphors do you mainly use when talking about organizations and companies? What do these metaphors express about an organization or a company? Are there other metaphors that may be more...

Answered: 1 week ago

Question

★★★★★

4. Using the same examples you gave in question 3, try to identify circular sequences, i.e. A affects B, but B also affects A.

Answered: 1 week ago

Previous Question Next Question