Friday
August 1, 2014

Homework Help: Economics

Posted by Bayarbold on Sunday, October 9, 2011 at 10:56am.

This is about economic solution.There are 2 regions but they were given by different each other function of demand and supply.1.First question is we won't sell these products on both regions and you can't transport the product each other.So please find the equilibrium price,equilibrium quantity,shortage and surplus of goods on one by one.Functions were written below.
a.Q(demand)=50-0.5P
Q(supply)=-10+P (first region)
b.Q(demand)=120-P
Q(supply)=-20+P (second region)
2.If you can transport the product to these 2 regions cheapestly,please find the equilibrium quantity on these 2regions one by one.If you can't transport any product from first to second region,who can get a profit from them?.Who can't get a profit from these condition?Does anyone know about best economic web site?I really need that.I didn't find it.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - This is about economic solution.There are 2 regions but they were ...
Economics - This is about economic solution.There are 2 regions but they were ...
economics - how change in "Consumer Taste" and "Change in Expectation" effect ...
ECONOMICS - Need examples of topics dealing with 2 Economic Concepts.... Meaning...
economics - Given the business situation of Mrs. Acres Homemade Pies (p. 30) and...
economics - Given the business situation of Mrs. Acres Homemade Pies (p. 30) and...
economics - in the simple economics of a competitive market price increase under...
economics - in the simple economics of a competitive market price increases ...
Economics - what are a few factors necessary for economic growth related to ...
ECONOMICS - ARE THE 3 BASIC CHARACTERISTICS OF THE ECONOMIC PERSPECTIVE SUPPLY, ...

Search
Members