Qd1400-2p where quanity is measured in billions of units, Ask an Expert

Economics

Suppose the supply of a good is given by the equation Qs=-200+2P and the demand for the good is given by the eproblem

QD=1,400-2P, where quanity is measured in billions of units and price is measured in dollers per unit.

The equilibrium quanity in this market is_______________units, and the equilibrium price is_________ per unit.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M970202

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question imagine that there is an adverse supply shock draw

Question: Imagine that there is an adverse supply shock. Draw a graph depicting the adverse supply shock, and explain what it means for an economy (in terms of prices and output). The response must be typed, single space ...

Question the course quantitative approached to decision

Question: The course Quantitative Approached to Decision Making talked about how management science can help managers make good decisions. Discuss what goes into the decision-making method vs. problem solving. Provide on ...

Question a donor wishes to endow an engineering scholarship

Question: A donor wishes to endow an engineering scholarship at USYD. The endowment may be made by a lump-sum deposit to a special foundation set up by the university for such purposes. The foundation director believes t ...

Question a producer in a perfectly competitive industry has

Question: A producer in a perfectly competitive industry has a cost function described by TC(q)=16,000+6q+0.1q^2. If the market price is 90 and it has already committed to paying the fixed cost, what is the maximum profi ...

Discussion 1 what effect does a meta-synthesis or

Discussion: 1. What effect does a meta-synthesis or meta-analysis have on research translation? Describe a clinical practice in place that is supported by this level of evidence. 2. Comparative effective research is impo ...

Question use the internet to search for an example of an

Question: Use the Internet to search for an example of an enthymeme in the media (e.g., Internet, television, radio, newspapers, etc.). • You may find an op-ed, political piece, advertising, et cetera. • Identify the imp ...

Question - the political and economic system of a country

Question - The political and economic system of a country can significantly impact the ability of a firm to generate profits. Describe the importance of property rights for generating profits. Also, using either the Inde ...

Question suppose ford motor company issues a five year bond

Question: Suppose Ford Motor Company issues a five year bond with a face value of $5,000 that pays an annual coupon payment of $150. a. What is the interest rate Ford is paying on the borrowed funds? b. Suppose the marke ...

Question please select three of the spirit values and

Question: Please select three of the S.P.I.R.I.T values and describe an event(s) from your professional, academic or work life that demonstrates you exhibiting the value. Conclude the essay by stating how your abilities ...

Question please answer in 7-8 sentancesfuture historians

Question: Please answer in 7-8 sentances: "Future historians may well write the epitaph of our civilization as follows: From command and tradition came stagnation and stability From liberty and science came rapid growth ...

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

Recent Questions

Ask Microeconomics Expert