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Market Equilibrium
Page 2
Questions (164)
Suppose you are the manager of a California winery. How would you expect the following events to affect the market equilibrium
1 answer
asked by
Summer
1,062 views
french horns and trumpets are substitutes in production. if the price of trumpets rises how will this affect equilibrium in the
1 answer
asked by
Jake
417 views
In a competitive market, there are two groups of firms. For every firm in group A, the long-run ATC curve is U-shaped and
1 answer
asked by
Joy
451 views
The market equilibrium price for coffee beans in Ecuador is $2.75/pound, a price at which growers are unable to make a profit.
1 answer
asked by
Jay
360 views
Recall that in business, a demand function expresses the quantity of a commodity demanded as a function of the commodity's
3 answers
asked anonymously
50 views
Consider the market for trucks. Assume that the demand for trucks is given by
60 2 5 D Q P Y where P is price per truck and Y is
1 answer
asked by
des
502 views
Select a product and for that the government places a mandated price ABOVE the equilibrium price, based on your research how
1 answer
asked by
judy
308 views
Suppose the bottle water industry is competitive. If a bottle of water supplied by the typical firm has an ATC of 20 cents and
1 answer
asked by
Mona
507 views
1. Your country faces the following
In the product market: IS = 6,752 - 37Y In the money market: LM = 1.75 In the BOP market: BP
1 answer
asked by
Eric
387 views
4-The three fundamental economic questions of what, how, and for whom:
a-exist because of scarcity. b-are much more serious in a
4 answers
asked by
Randy
898 views
What happens to the equilibrium price and quantity of ice cream in response to each of the following? (Explain your answers).
a.
2 answers
asked by
Wayne
932 views
Suppose there are 1000 identical firms producing diamonds. Diamond miners receive the wage rate w. Assume that the short-run
2 answers
asked by
Matt
516 views
Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the
7 answers
asked by
Anonymous
643 views
P=15-Q/1000. Suppose there are two firms in this market. Compute equilibrium quantities and profits for each firm, and the
2 answers
asked by
Anonymous
566 views
The market equilibrium price for coffee beans in Ecuador is $2.75/pound, a price at which growers are unable to make a profit.
1 answer
asked by
Priya
695 views
Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the
2 answers
asked by
Anonymous
583 views
since the AC curve in the problem is upward-sloping everywhere, it is not possible to construct a zero-profit equilibrium given
1 answer
asked by
john
491 views
Q AC MC
1 4 12 2 8 20 3 12 28 4 16 36 5 20 44 6 24 52 7 28 60 8 32 68 9 36 76 suppose that there are 70 firms in operating in the
2 answers
asked by
john
1,081 views
12. When are equilibrium prices achieved? (1 point) Responses when supply is greater than demand when supply is greater than
3 answers
asked by
sasuke uchiha
80 views
five secific events that can be expected to cause the equilibrium price of a good to increase?
1 answer
asked by
Jaden
315 views
When quantity supplied equals quantity demanded:
A. there is disequilibrium B. the marked is cleared C. there is excess quantity
2 answers
asked by
tony
538 views
If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is:
A. a
3 answers
asked by
tony
1,080 views
The majority of the world’s diamonds comes from Country A and Country B. Suppose that the marginal cost of mining a diamond is
2 answers
asked by
mary
558 views
Describe the equilibrium using graphs for the entire market and for an individual producer.Now suppose that textile producers in
2 answers
asked by
ankit
525 views
suppose that demand increase by 10% and supply increase by 50%. what would you expect to occur in the market for the good?
2 answers
asked by
Laura
803 views
what happened to the equilibrium price and equilibrium quantity in the market for toilet paper when demand increased, and supply
3 answers
asked by
APL
49 views
Suppose the marginal social cost of television sets is $100. This is constant and equal to the average cost of television sets.
2 answers
asked by
Barbara
1,286 views
Have shown my answers to these 14 problems,that I thought were correct. Do you mind letting me know what you think. Thank you so
1 answer
asked by
Danielle
920 views
The majority of the world’s diamonds comes from Country A and Country B. Suppose that the marginal cost of mining a diamond is
1 answer
asked by
Ashley
472 views
Goodday
I would like to find out whether the following statements are true: The equilibrium of the firm and the equilibrium
1 answer
asked by
Haseena
448 views
Consider the following data about the goods market in a hypothetical closed economy. Assume that government expenditure is
2 answers
asked by
sonia
586 views
If the equilibrium price of silver is 4 dollars an ounce, under conditions of perfect competition and the industry is in long
1 answer
asked by
Julia
480 views
An increase in the demand for good A will increase the equilibrium quantity of good A and leave the equilibrium price unchanged
3 answers
asked anonymously
43 views
If the average market price for an item is higher than the equilibrium price, which of the following is likely to take place?

3 answers
asked anonymously
53 views
Assume the demand curve for concert tickets is Qd= 300 - c*p and the supply curve is Qs= p - 20 (quantity expressed in thousands
1 answer
asked by
Anonymous
424 views
Orginal question:
display.cgi?id=1233498037 although diseconomies of scale may not result in a rising marginal cost (but it is
1 answer
asked by
John
418 views
Suppose the inverse market demand equation is P = 80 ¡V 4(QA+QB), where QA is the output of firm A and QB is the output of firm
2 answers
asked by
jenny
570 views
Suppose the inverse market demand equation is P = 80 ¡V 4(QA+QB), where QA is the output of firm A and QB is the output of firm
2 answers
asked by
jenny
567 views
must consumers' surplus equal producers surplus at equilibrium price ?explai ur answer.(very short explanation)
2 answers
asked by
tapos mitra
571 views
producer surplur is equal consumer surplus at equilibrium popint.explain
4 answers
asked by
Anonymous
456 views
1. Assume a perfectly competitive constant cost industry, currently in long-run equilibrium. Market
demand in the industry is
2 answers
asked by
Chi
959 views
Market inverse demand is 𝑝 = 10 − 2𝑄𝑑. There are two competitive firms in the market. Firm A’s total cost of
3 answers
asked anonymously
220 views
what is surplus demand
1 answer
asked by
deep
263 views
For each of the following situations for the egg market, describe what the impact on the equilibrium price and equilibrium
1 answer
asked by
Tami
521 views
what it meant by equilibrium in economics?how equilibirum attained?
The following site has an ok defintion. (I cannot post the
1 answer
asked by
Rohit
547 views
10. An industry currently has 100 firms, all of which have fixed cost of $16 and average variable cost as follows:
Quantity /
3 answers
asked by
Mariah
2,105 views
Q: The market demand and supply curves for an agricultural product are as follows:
Qd = 4500-250P and Qs = 200p where quantities
1 answer
asked by
ratboy
400 views
Why does the supply of saving slope upward? Why does the investment demand slope downward? Identify the equilibrium in the
1 answer
asked by
Logan
489 views
noone has helped me? . Suppose that the total market demand for a product consists of the demands of
individual 1 and individual
2 answers
asked by
anon
1,212 views
The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related
1 answer
asked by
Eve
820 views
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Parent Categories (10)
Demand and Supply
Economics
Equilibrium
International Trade
Labor Market
Macroeconomics
Market Analysis
Market and Firm Structure
Microeconomics
Supply and Demand