Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 14, 2024

The market for computers is given by: Demand: P = 492 - 0.8Q Supply: P = 8 + 1.3Q How much will it cost the

The market for computers is given by: Demand: P = 492 - 0.8Q Supply: P = 8 + 1.3Q How much will it cost the government to provide a $23 per unit subsidy in this market? O a. $5300.95 O b. $5049.05 O c. $4164.64 O d. $5552.86

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

Macroeconomics

Authors: Stephen D. Williamson

6th Edition

013447211X, 134472119, 978-0134472119

More Books

Students also viewed these Economics questions

Question

★★★★★

Refer to the information given in Problem P12-23 for Alamo and its subsidiary, Western Ranching. Assume that the Australian dollar (A$) is the functional currency and that Alamo uses the fully...

Answered: 1 week ago

Question

★★★★★

5. What steps can the Africans take to prevent being treated as second-class citizens by the Chinese?

Answered: 1 week ago

Question

★★★★★

What is the form of the ???? statistic for testing (a) ????0 ????0 = 0? (b) ????0 ????1 = 0? (c) ????0 ????0 = 10? (d) ????0 ????1 = 2?

Answered: 1 week ago

Question

★★★★★

If a mutual funds net asset value is $23.40 and the fund sells its shares for $25, what is the load fee as a percentage of the net asset value?

Answered: 1 week ago

Question

★★★★★

NOTE: PLEASE ONLY ANSWER THE QUESTION WITH ANSWER OPTIONS! THE OTHER PICTURE (FIRST ONE) IS FOR CONTEXT ONLY. THANK YOU! The Ryan's Unique DooDads Integrated Supply Chain Consider the following...

Answered: 1 week ago

Question

★★★★★

10) S hams Company has total variable costs of 80% of total revenues and fixed costs of $20 million per year. What is the break-even point expressed in total revenue dollars? Answer: $10 0 million

Answered: 1 week ago

Question

★★★★★

53. The following are production and cost data for two products, buckets and pails, produced in batches of 600 each. Contribution margin per batch Machine set-ups needed per batch Buckets Pails $360...

Answered: 1 week ago

Question

★★★★★

Use the following is the equilibrium phase diagram for the iron-carbon system to answer the following questions. (Please round compositions to the nearest 0.1 wt.% in your answers and calculations)...

Answered: 1 week ago

Question

★★★★★

Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is...

Answered: 1 week ago

Question

★★★★★

4.18 Consider the following CO oxidation reactions: VERVIE k CO + OH / CO+H of chemical me k 2 CO + O2 CO2 + 0, shemu where k (cm/gmol-s) = 1.17 107 T (K) 1.35 exp[+3000/RT (K)], k (cm/ ms, the...

Answered: 1 week ago

Question

★★★★★

You own a clothing store that emphasizes unique clothing and very high customer service as its competitive advantage. Sales people help customers select clothes that make them look good and fit their...

Answered: 1 week ago

Question

★★★★★

You are an associate at the law firm of A, M, & Associates, LLP. One of your good clients, Macrotec Computer Corporation has come to your firm with the following scenario: Macrotec Computer...

Answered: 1 week ago

Question

★★★★★

6. Give examples of circular patterns in a communication situation that you have participated in, where element A affects B, and B affects A.

Answered: 1 week ago

Question

★★★★★

3. Find examples from your everyday life of people or situations that fit the Ithaca Syndrome.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following: a) If you want stability, you should focus on change. b) What happens when an effect becomes a cause? c) If you do the opposite of what is expected, the reaction is changed....

Answered: 1 week ago

Previous Question Next Question