subject
Business, 28.03.2021 20:30 alyssa5485

1. The table below shows the demand and supply schedule for a particular product.
Price ($)
Quantity demanded Quantity supplied
10
60
20
20
40
40
30
20
60
40
10
80
a.
Draw the curve
b. Identify the equilibrium price and quantity
Calculate and identify the value of excess demand or supply if the price is $10
d. Calculate and identify the value of excess demand or supply if the price is $40
c.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
question
Business, 22.06.2019 22:40
In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.
Answers: 1
question
Business, 23.06.2019 19:30
You are offered a free ticket to see the chicago cubs play the chicago white sox at wrigley field. assume the ticket has no resale value. willie nelson is performing on the same night, and his concert is your next-best alternative activity. tickets to see willie nelson cost $40. on any given day, you would be willing to pay up to $50 to see and hear willie nelson perform. assume there are no other costs of seeing either event. based on this information, at a minimum, how much would you have to value seeing the cubs play the white sox to accept the ticket and go to the game? a. $0b. $40c. $10d. $50
Answers: 1
question
Business, 23.06.2019 21:00
True or false: suppose that the hypothetical country of paddyland has a chronic scarcity of rice, its staple grain. this implies that if paddyland has a market economy, rice will be available only for a price.
Answers: 1
You know the right answer?
1. The table below shows the demand and supply schedule for a particular product.
Price ($)
Questions
question
English, 17.02.2021 21:30
question
Mathematics, 17.02.2021 21:30
Questions on the website: 13722361