(Answered) The following equations represent the demand and supply for

Management Studies

The following equations represent the demand and supply for bird feeders.

Q_D = 35 - P

Q_S = -5 + 3P

What is the equilibrium price (P) and quantity (Q - in thousands) of bird feeders?

P = $35; Q = 20 thousand
P = $10; Q = 25 thousand
P = $20; Q = 20 thousand
P = $5; Q = 30 thousand

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92463301
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Directionspick one topic for word and one topic

Directions Pick one topic for Word and one topic for PowerPoint to discuss. Word Watermark: What is the purpose of watermark for a document? What do you consider when you work on a watermark in Word? Newsletter: What are ...

Last week you explored various recruitment methods be

Last week you explored various recruitment methods. be considering three candidates for the position of administrative assistant at your company. Prior to beginning work on this discussion, review the article What Are th ...

According to firestions tire recall case discuss and

According to Firestion's tire recall case, discuss and evaluate the role of leadership when commercial realities conflict with public concerns, ethical dilemmas that ensue for leaders in such situation and how you sugges ...

Database for in-class exercises and practicecreate table

Database for in-class exercises and practice CREATE TABLE JOB ( JOB_CODE CHAR(3) NOT NULL, JOB_DESCRIPTION VARCHAR(25) NOT NULL, JOB_CHG_HOUR DECIMAL(5,2) NOT NULL, JOB_LAST_UPDATE DATE NOT NULL, PRIMARY KEY (JOB_CODE), ...

Business process modellingconsider the following

Business Process Modelling Consider the following scenario: Agricultural chemicals corporation: Management at your agricultural chemicals corporation has been dissatisfied with production planning. Production plans are c ...

Scheduling algorithms are again becoming more important as

Scheduling algorithms are again becoming more important as we look at operating system that run on mobile devices. Are their scheduling algorithms different from those found on traditional interactive system? Compare and ...

Sam works for a large international manufacturing company

Sam works for a large international manufacturing company. Managers at the company often assign team projects. Sam likes the group projects because he knows he will be team up with employees who will work hard on the pro ...

What is an example of corporation that uses information

What is an example of corporation that uses Information technologies to improve their decision making other than Verizon's web-based digital dash baords.

Why did transportation costs fall before the civil war what

Why did transportation costs fall before the Civil War? What is the connection between the fall in the cost of transportation and the increase in industrialization before the Civil War?

Do you all see employee motivation as being a dynamic

Do you all see employee motivation as being a dynamic situation; meaning that the entire situation must be thoroughly examined and positive steps either progress, or retrospectively reexamined to ensure that the entire i ...

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 Business Management Expert