When the market price is above equilibrium price, the market price will be drive

18,097 results
  1. Social studies

    1. Why do businesses seek an equilibrium price? A. It ensures that competitors cannot offer lower prices B. It attracts the largest possible number of consumers to the business •• C. It provides the highest possible prices that consumers will pay for

  2. Social Studies

    1. Why do businesses seek a equilibrium price? A)It ensures that competitors cannot offer lower prices B)It attracts the largest possible number of consumers to the business C)It provides the highest possible prices that consumers will pay for each product

  3. !math (4)

    The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 12 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given by p = 0.01x^2 + 0.5x + 3

  4. Calculus

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 144 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  5. !math (6)

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in dollars) by p = −0.2x^2 + 220 and the quantity x (in units of a hundred) that the supplier is willing to make available in the

  6. Microeconomics

    Answer the following questions based on the graph that represents J.R.'s demand for ribs per week of ribs at Judy's rib shack. a. At the equilibrium price, how many ribs would J.R. be willing to purchase? b. How much is J.R. willing to pay for 20 ribs? c.

  7. social studies

    What is a reason that market prices are not always the same as equilibrium prices? A) Market prices are often set by buyers rather than by sellers. B) Supply and demand are not well-understood by business owners. C) The equilibrium is not always the most

  8. Economics

    The price received by sellers in a market will decrease if the government Answer A. imposes a binding price floor in that market. B. decreases a binding price ceiling in that market. C. decreases a tax on the good sold in that market. D. increases a

  9. economics

    Producer surplus is shown graphically as the area: under the demand curve and above the market price. under the demand curve and below the market price. above the supply curve and below the market price. above the supply curve and below the market price.

  10. Math

    The quantity demanded each month of russo Espresso Makers is 250 when the unit price is $140; the quantity demanded each month is 1000 when th e unit price is $110. the suppliers will market 750 expresso makers if the unit price is $60 or higher. At a unit

  11. economics

    Market research has revealed the following information about the market for chocolate bars. The demand schedule can be represented by the equation QD=1,600-300P, where QD is the quantity demanded and P is the price. The supply schedule can be represented

  12. economy

    consider a perfectly competitive market in which all firms have the same costs. choose the statement that is incorrect a)the market demand is elastic at the market price b)each firm takes the market price as given and produces its profit -maximizing output

  13. math

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras/week is related to the unit price p (in dollars) by p = −0.2x2 + 80 and the quantity x (in units of a hundred) that the supplier is willing to make available in the market is

  14. micro economics

    1) Assume that the gold-mining industry is competitive. a) Illustrate a long-run equilibrium using diagrams for the gold market and for the a representative gold mine. b) Suppose that an increase in jewellery demand induces a a surge for in the demand for

  15. Economics

    In a perfect competitive market setting,which of the following would be a true statement? a)market price automatically sets itself exactly at equilibrium b)market price rarely trends toward the equilibrium value c)wage rates trend toward marginal revenue

  16. please check--intro to finance

    ______ is the price a firm paid to acquire an asset. a) book value b) market value c) markup price d) fair value --------- My answer is B. market value

  17. economics

    Suppose the market demand for good A given by Qd= 300 -20 P and the market supply for Good A is given by Qs=20P-100,where P=price of Good A. Q;Graph the supply and demand schedules for Good A using P5 through P15 as the value of P. Q; In equilibrium, how

  18. investment

    Technical analysis differs from fundamental analysis in that a) Technical analysts contend that in depth assessments of basic aggregate market, industry, and company performance is necessary; past price movements indicate future price movements. b)

  19. Economics*Micro

    A market has the following demand and supply equations: Qd = -50P + 1000 Qs = 150P - 400 Which of the following statements is true? a. If the price were $9, a surplus of 300 units would exist and price would tend to fall. b. If the price were $3, a

  20. supply and demand

    -what happens if a shortage of a product currently exists in the market? -what happens if a priceincreases? -when a firm advertises products, what does it atten too? -in a market, conpetitive forces guarantee that any price other than the equilibrium price

  21. college finite math

    The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $180; the quantity demanded each month is 1000 when the unit price is $150. The suppliers will market 750 espresso makers if the unit price is $80. At a unit price

  22. Calculus

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation P=132-x^2 where p is measured in dollars and x is measured in units of a thousand. Titan

  23. Managerial Economics

    How does a price ceiling undermine the rationing function of market-determined prices? How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government price ceilings create shortage? Fully

  24. Econ MC

    Externalities cause markets to a. fail to allocate resources efficiently. b. cause price to be different than the equilibrium price. c. benefit producers at the expense of consumers. d. cause markets to operate more equitably. I think the answer is a)?? I

  25. economics

    5. A market contains a group of identical price-taking firms. Each firm has a marginal cost curve MC(Q) = 2Q, where Q is the annual output of each firm. A study reveals that each firm will produce if the price exceeds $20 per unit and will shut down if the

  26. Math

    The supply and demand for a business manufacturing toy cars are given by these two equations, where y is the price in dollars per item and x is the number of toy cars sold in thousands. Supply: y = x^2 − x + 0.5 Demand: y = x^2 − 1.6 The two graphs

  27. Economics -- HELP!!!

    posted by Angela on Sunday, May 21, 2017 at 12:33am. In the market equilibrium, with a price of $500 there are 2000 apartments. If the government decides to enact a rent control policy, with a maximum price of $400, it reduces the quantity to 1500

  28. college math HELP!!!!!

    The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $180; the quantity demanded each month is 1000 when the unit price is $150. The suppliers will market 750 espresso makers if the unit price is $80. At a unit price

  29. math HELP!!

    The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $180; the quantity demanded each month is 1000 when the unit price is $150. The suppliers will market 750 espresso makers if the unit price is $80. At a unit price

  30. Algebra

    A group of retailers will buy 96 televisions from a wholesaler if the price is $500 and 136 if the price is $450. The wholesaler is willing to supply 84 if the price is $420 and 164 if the price is $510. Assuming the resulting supply and demand functions

  31. Math (I've been on this problem for 3 hours)

    If the supply and demand functions for a commodity are given by 2p - q + 10 = 0 and (p + q)(q + 10) = 3642 respectively, find the equilibrium price and quantity that give market equilibrium. (Round your answers to two decimal places.) Equilibrium price =

  32. plz help me

    For each event, illustrate the impact on the relevant United States market and determine what will happen to the equilibrium price and quantity in that market. I have 2 demand and supply graphs, the first one is for 3 of them and the second is for the last

  33. Economics Demand and Supply

    How will the following sets of events affect equilibrium price and quantity for the product highlighted in italics? In each case, identify how both the demand and supply curves shift. a) Consumer preferences for spicy food increase at the same time as the

  34. managerial economics

    How does a price ceilng undermine the rationing function of market-determined prices? How could rationing coupons insure that cnsumers with the highest values get the limited amount of a good supplied when government price ceilings create shortages? Fully

  35. math Calc

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 172 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  36. macro economics

    For each event, illustrate the impact on the relevant market and determine what will happen to the equilibrium price and quantity in that market. (40 points – 10 points per line item) Event Market for: Show which curve shifts Equilibrium price rise or

  37. Microeconomics

    3. An industry currently has 100 firms, all of which have fixed costs of $16 and average variable cost as follows: Quantity Average Variable Cost 1 $1 2 2 3 3 4 4 5 5 6 6 1) The price is currently $10. What is the total quantity supplied in this market? 10

  38. economics

    1. Suppose that the market of laptops is given by following supply and demand curves given below: Qd = 5000 − 3p Qs = 1000 + p. Answer the following questions on excel sheet using the above demand and supply equations. i) Take the range of values for the

  39. economics

    what circular flow the the following fall into 1)You receive $15,000 in profits from your half-owner of a Krispy Kreme franchise. 2)The Georgia Bulldogs sells season football tickets for $50.00. 3)What market determines the price per acre of farmland?

  40. macroeconomics

    When the market price is above equilibrium price, the market price will be drive

  41. economics

    When the market price is above equilibrium price, the market price will be drive

  42. Economics

    How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The prices cannot be compared. D. The prices are the same.

  43. Math

    The quantity demanded each month of Russo Expresso Makers is 250 when the unit price is $136.oo. The quantity demanded each month is 1,2oo when the unit price is $98.00. The suppliers will market 700 espresso makers if the unit price is $58.00 or lower. At

  44. economics

    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 industry. using the MC curve, find out how much output in total is delivered to the market at each price (you only need to

  45. Macroeconomics

    If the government imposes a price ceiling of $100 on a market, what would happen in the market as a result of protests of price gauging by the sellers? What would happen to the price and quantity in the market?

  46. Finite

    The quantity demanded each month of Russo Espresso Makers is 250 when the unit price is $136. The quantity demanded each month is 1000 when the unit price is $106. The suppliers will market 750 espresso makers when the unit price is $72 or higher. At a

  47. economics

    Producer surplus is the difference between: the maximum price a seller is willing to accept and the market price. the maximum price a buyer is willing to pay and the market price. the market price and the minimum price a seller is willing to accept. the

  48. Finite Matematics

    The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $170; the quantity demanded each month is 1000 when the unit price is $140. The suppliers will market 750 espresso makers if the unit price is $90. At a unit price

  49. Micro economics

    Market for slim mobiles is represented by the following functions (A)Q+1/3P= 36, Q+9=1/2 P (B) Q=4P2-4P , Q=44-3P2 Required i)Identify the demand and supply functions. Give reasons for your answer ii) Find the equilibrium price and quantity b)If supply of

  50. economic

    If the Government fixes the price of this product at $2 explain what would happen in the market. Draw a supply and demand curve for "this" product. Is the fixed price above or below the market equilibrium? Depending on how you answer, there should be a

  51. Finite Math

    The quantity demanded each month of russo Espresso Makers is 250 when the unit price is $140; the quantity demanded each month is 1000 when th e unit price is $110. the suppliers will market 750 expresso makers if the unit price is $60 or higher. At a unit

  52. economics

    Analyze the effect of a price ceiling in the market for wheat on equilibrium price and quantity. Will consumers / producers / both benefit because of this price ceiling? Explain using changes in consumer and producer surpluses.

  53. Math

    A tax-exempt bond was recently issued at an annual 12 percent coupon rate and matures 20 years from today. The par value of the bond is $1,000. a. If a required market rates are 12 percent, what is the market price of the bond? b. If required market rates

  54. Economics

    Market analysts often use cross-price elasticities to determine a measure of the “competitiveness” of a particular good in a market. How might cross-price elasticities be used in this manner? What would you expect the cross-price elasticity coefficient

  55. economics

    Select a product and for that the government places a mandated price ABOVE the equilibrium price, based on your research how would this affect the market equilibrium, explain your view.

  56. MATH EMERGENCY

    The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 12 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given by p = 0.01x^2 + 0.7x + 1

  57. finance

    You have a discount bond with a time to maturity of one year. The market price of this instrument is 97%. You want the model price to match it while you build you yield curve with ED futures; the contracts price as follows: 1st = 99, 2nd = 98, 4th =97.

  58. econ

    Suppose there are 1000 identical firms producing diamonds. Diamond miners receive the wage rate w. Assume that the short-run cost function for each diamond-producing firm is C(q) = wq + q2. a. If w = 10, what is the supply curve of an individual firm? What

  59. econ

    Suppose there are 1000 identical firms producing diamonds. Diamond miners receive the wage rate w. Assume that the short-run cost function for each diamond-producing firm is C(q) = wq + q2. a. If w = 10, what is the supply curve of an individual firm? What

  60. Economics

    Given a demand fxn of 20-2P and a supply fxn of -4+P for a perf. competitive market: 1. Calculate the equilibrium price and qty. (I got e. price = 4 and e. qty = 8 is that right?) 2. Calculate producer surplus, consumer surplus. (i got 8 and 4) 3. if the

  61. economics

    Given a demand fxn of 20-2P and a supply fxn of -4+P for a perf. competitive market: 1. Calculate the equilibrium price and qty. (I got e. price = 4 and e. qty = 8 is that right?) 2. Calculate producer surplus, consumer surplus. (i got 8 and 4) 3. if the

  62. Economics

    Utilizing market demand and market supply curves for spaghetti, help me illustrate the effect on equilibrium price and quantity of spaghetti for: Increased worldwide demand for rice leads to an increase in the price of ride (which many see as an alt to

  63. Economics

    How does a price ceiling undermine the rationing function of market-determined prices? How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government price ceilings create shortages?

  64. Economics

    Utilizing market demand and market supply curves for spaghetti, help me illustrate the effect on equilibrium price and quantity of spaghetti for: Increased worldwide demand for rice leads to an increase in the price of ride (which many see as an alt to

  65. microeconmics - role of price

    What exactly are the roles of price in a market economy? Is it measure of value, store of value, currency for exchange, price determines quantity demanded? What else should I add to this list? Any ideas? Kind regards, Mr McHautenson It give information

  66. micro economics

    For each event, illustrate the impact on the relevant market and determine what will happen to the equilibrium price and quantity in that market. Event Market for: Show which curve shifts Equilibrium price rise or fall? Equilibrium quantity increase or

  67. math

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras/week is related to the unit price p (in dollars) by p = −0.2x2 + 80 and the quantity x (in units of a hundred) that the supplier is willing to make available in the market is

  68. Microeconomics

    The market equilibrium price for coffee beans in Ecuador is $2.75/pound, a price at which growers are unable to make a profit. Due to the lack of profits, many growers have stopped production and the output of coffee beans has fallen from 400 tons per year

  69. Microeconomics

    For each of the following situations for the egg market, describe what the impact on the equilibrium price and equilibrium quanity would be. 1-A sureon general warns that high-cholesterol foods cause heart attacks. - This would cause the price to drop and

  70. Economics

    There are 10 identical consumers whose demand is D: p = 20 - 10q. There are 10 identical firms, each firm's marginal cost is MC(q)= 5 + 5q. The market is competitive. a) derive the market demand function b) derive the market supply function c) what is the

  71. math

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 102 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  72. Calculus

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 144 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  73. Microeconomics

    Indicate how you think each of the following would shift demand in the indicated market: a.Incomes of buyers in the market for Adirondack vacations increase. b.Buyers in the market for pizza read a study linking hamburgers consumptions to heart disease.

  74. Quantitative Business Analysis

    The market for 40 lb. bags of pine bark mulch (sold at John's shop) is described by the following functions: p = -.3q + 66 p = 1.3q - 30 where p is the price per unit and q is the number of bags bought and sold. a) Which of the functions above is the

  75. Investing

    If the market is efficient, what happens to the intrinsic value (proper price) and the price at which the market is pricing the stock out at? Why? My ANswer: Won't pricing adjust immediately because the information moves so fast to the analysts? EY

  76. Ecomomics

    Hi, I need help with these four questions can anyone help me, it is for my economics class. 1)How does the economic (or rational decision-maker) approach to criminology work with or against other criminology theories? 2)Suppose we know that Frank has

  77. Economics

    Hi, I need help with these four questions can anyone help me, it is for my economics class. 1)How does the economic (or rational decision-maker) approach to criminology work with or against other criminology theories? 2)Suppose we know that Frank has

  78. economics

    3. A homogeneous products duopoly faces a market demand function given by P = 500 − 10Q . Both firms have a constant marginal cost of MC = 200. 1 a. What would the equilibrium price in this market be if it were perfectly competitive? b. What are the

  79. economics

    How will a simultaneous increase in the price of substitute goods and an improvement in production technology affect market demand and low supply, equilibrium price and equilibrium quantity in a competitive market?

  80. Econ

    In the case of a negative externality: Select one: a. the private market does not produce enough of the good. b. market price reflects the social costs of production. c. efficiency requires that the government impose a subsidy. d. market price reflects

  81. Math Please Help

    The demand equation for a certain brand of GPS Navigator is x + 3p - 565 = 0, where x is the quantity demanded per week and p is the wholesale unit price in dollars. The supply equation is x - 16p + 480 = 0, where x is the quantity the supplier will make

  82. Math Help

    The demand equation for a certain brand of GPS Navigator is x + 3p - 565 = 0, where x is the quantity demanded per week and p is the wholesale unit price in dollars. The supply equation is x - 16p + 480 = 0, where x is the quantity the supplier will make

  83. Please explain (Math)

    The demand equation for a certain brand of GPS Navigator is x + 3p - 565 = 0, where x is the quantity demanded per week and p is the wholesale unit price in dollars. The supply equation is x - 16p + 480 = 0, where x is the quantity the supplier will make

  84. Math Help

    The demand equation for a certain brand of GPS Navigator is x + 3p - 565 = 0, where x is the quantity demanded per week and p is the wholesale unit price in dollars. The supply equation is x - 16p + 480 = 0, where x is the quantity the supplier will make

  85. *math (4)

    The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 12 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given by p = 0.01x^2 + 0.5x + 3

  86. !math (4)

    The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 12 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given by p = 0.01x^2 + 0.5x + 3

  87. !math (6)

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in dollars) by p = −0.2x^2 + 220 and the quantity x (in units of a hundred) that the supplier is willing to make available in the

  88. *math (6)

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in dollars) by p = −0.2x^2 + 220 and the quantity x (in units of a hundred) that the supplier is willing to make available in the

  89. math

    noone has helped me? . Suppose that the total market demand for a product consists of the demands of individual 1 and individual 2. The demand equations of the two individuals are given by the following equations: QD,1 =20-P QD,2 =60-5P Suppose that the

  90. math

    . Suppose that the total market demand for a product consists of the demands of individual 1 and individual 2. The demand equations of the two individuals are given by the following equations: QD,1 =20-P QD,2 =60-5P Suppose that the total market supply is

  91. econ

    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 the income of the buyers. The supply of trucks is given by 30 5 3 S Q P W where W is the price of all the materials needed to

  92. math

    a shopkeeper after allowing a discount of 10% on the market price makes a profit of 8%.what percent above the cost price is it market.

  93. Math

    A pair of shoe was sold for rs 704 after allowing a discount of 12% on market price. Find the market price?

  94. !math (5)

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 160 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  95. *math (5)

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 160 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  96. !math (5)

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 160 − x^2 where p is measured in dollars and x is measured in units of a thousand.

  97. Economics

    The market equilibrium price for coffee beans in Ecuador is $2.75/pound, a price at which growers are unable to make a profit. Due to the lack of profits, many growers have stopped production and the output of coffee beans has fallen from 400 tons per year

  98. Microeconomics

    Search: Consider two resource markets in which the demand curves slope downward. In market A, the supply curve is horizontal, equilibrium price is $6, and 100 units of the resource are hired. In market B, the supply curve is vertical, equilibrium price is

  99. Finite Math

    The quantity demanded x of a certain brand of DVD player is 3000/week when the unit price p is $485. For each decrease in unit price of $20 below $485, the quantity demanded increases by 250 units. The suppliers will not market any DVD players if the unit

  100. algebra

    The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $144. The quantity demanded each month is 1000 when the unit price is $114. The suppliers will market 700 espresso makers when the unit price is $66. At a unit

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