Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

If there is market for an indivisible item in which there is for each of the following numbers exactly one supplier whose cost of producing the item are equal to this number: 1,2,3,4,5,6,7,8,9,10. There is also for each of the following numbers exactly one buyer whose value for the item is equal to this number: 2,4,6,8,10,12,14,16,18,20. What are the equilibrium prices in this market?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91230544

Have any Question?


Related Questions in Microeconomics

Question here are annual values for m2 and for nominal gdp

Question: Here are annual values for M2 and for nominal GDP (all figures are in billions of dollars) for the mid-2000s. Year M2 Nominal GDP 2003 6,055.5 $10,960.8 2004 6,400.7 11,685.9 2005 6,659.7 12,421.9 2006 7,012.3 ...

Question topic should the minimum wage be eliminated left

Question: Topic: Should the minimum wage be eliminated, left alone, or increased? If you believe it should be increased, state how much it should be increased and why. Your Position Statements are to be no more than a th ...

Question 1 how does monetary policy affect the share

Question: 1. How does monetary policy affect the share market? 2. How could the existence of unemployment benefits or other transfer programs reduce the severity of an economic contraction? The response must be typed, si ...

Question 1 explain and describe rational business pricing2

Question: 1. Explain and describe rational business pricing. 2. How does differentiating gasoline affect rational business pricing? The response must be typed, single spaced, must be in times new roman font (size 12) and ...

Question danny dimes donahue is a neighborhoods 9-year-old

Question: Danny "Dimes" Donahue is a neighborhood's 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $2.5 each, he sells 250. At a price of $2 each, he se ...

Question many critics of government programs to help low

Question: Many critics of government programs to help low income individuals argue that these programs create a poverty trap. Explain how programs such as TANF, EITC, SNAP, and Medicaid will affect low-income individuals ...

Question suppose you are ceo of a manufacturing company and

Question: Suppose you are CEO of a manufacturing company, and oil prices suddenly double, which boosts the inflation rate by 5%. While your principal job is to keep quarterly earnings rising, you are concerned that a rec ...

Question suppose the government decided to levy the current

Question: Suppose the government decided to levy the current 15.3% social security tax on all levels of wages and salaries, not just the first $80,000, and used all the money collected to pay for prescription drug benefi ...

Question if the perfectly competitive firm produces the

Question: If the perfectly competitive firm produces the output at which its marginal cost equals market price, it receives no profit (or a very tiny one) on the last unit it produces. Doesn't it make sense to produce fe ...

Question what are some of the problems associated with

Question: What are some of the problems associated with capitalism which the American people have called upon government to address? What are some examples of ways in which government has attempted to alleviate each of t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved