Mathematics, 18.10.2019 22:30 NetherisIsTheQueen
In a particular geographical area, the demand function for each person i for a particular good is q^d_i = 100 + 0.2i_i - 9p where q^d_i is quantity demanded for person i, i_i, is person i's income, and p is the commodity's price. (note that p is constant across individuals, since all individuals face the same price. therefore no i subscript is needed.) for the firms in this area the supply function for this good is q^s_j = -50 + 20p where q^s_j is the quantity supplied of the good by firm j. (note that a different subscript is needed. why? ) there are 5 firms and 100 consumers. total income of the consumers is $100,000. equilibrium occurs where sigma^100_i = 1 q^d_i = sigma^5_j = 1 q^s_j (i. e., market demand equals market supply). find the equilibrium price.
Answers: 1
Mathematics, 21.06.2019 19:30
Which describes the difference between the graph of f(x)=x^2 and g(x)=-(x^2-2)
Answers: 1
Mathematics, 21.06.2019 21:40
Question 1 of 10 2 points different groups of 50 graduates of an engineering school were asked the starting annual salary for their first engineering job after graduation, and the sampling variability was low. if the average salary of one of the groups was $65,000, which of these is least likely to be the average salary of another of the groups? o a. $64,000 o b. $65,000 o c. $67,000 o d. $54,000
Answers: 2
Mathematics, 22.06.2019 00:30
Which ordered pair identifies a point in quadrant iv? a) (2, 5) b) (0, 1) c) (-1, -1) d) (12, -5) which quadrant is (-4,-6) in? a) i. b) ii. c) iii. d) iv.
Answers: 3
Mathematics, 22.06.2019 00:50
F. a fair coin is thrown in the air four times. if the coin lands with the head up on the first three tosses, what is the probability that the coin will land with the head up on the fourth toss? a. 0 b. 1/16 c. 1/8 d. 1/2
Answers: 2
In a particular geographical area, the demand function for each person i for a particular good is q^...
Mathematics, 30.04.2021 20:30
Mathematics, 30.04.2021 20:30
Physics, 30.04.2021 20:30
Mathematics, 30.04.2021 20:30
World Languages, 30.04.2021 20:30
Mathematics, 30.04.2021 20:30
English, 30.04.2021 20:30
Mathematics, 30.04.2021 20:30
Mathematics, 30.04.2021 20:30