What are factors that shift supply curve for this good., Ask an Expert

Economics

Q. Inverse market demand curve for bean sprouts is given by p(y)=100-2y and total cost function for any firm in industry is given by TC(y)=4y. Marginal cost for any firm in industry is? Change in price for a one- unit increasing output is equal to?

Q. Select a good that you are familiar with. What are factors that shift demand curve for this good? What are factors that shift supply curve for this good? How do you expect supply and demand of your selected good to change in next year? Relate your expectation to price and quantity

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M9307555

Have any Question?Write your Review or question?

Related Questions in Business Economics

1 breeding records reveal that 1 out of every 8 puppies of

1. Breeding records reveal that 1 out of every 8 puppies of a certain Welsh Corgi female are runts. Since these puppies can't be sold for full price, we wish to examine the frequency with which this condition is likely t ...

There is a proposal for a new special economic zone in new

There is a proposal for a new Special Economic Zone in New Jersey. Based on the other examples of SEZs that we have read about, what are the pros and cons of this policy for various stakeholders?

A cartel is branch of an oligopoly there are still a

A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry and the petroleum industries are examples are oligopolies. However, the main differe ...

How can local the local government help prepare employees

How can local the local government help prepare employees for higher level positions in the organization.

Solar panel installationa university spent 18 million to

Solar Panel Installation A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10% ...

Assume that 20 of people in a certain region have a long

Assume that 20% of people in a certain region have a long drive to work (a long drive is considered to be longer than 30 miles). If we select 13 people at random, what is the probability that 2 or fewer will have a long ...

Consider the average home mortgage in new zealand of 283

'"Consider the average home mortgage in New Zealand of $283 000 where the standard deviation of the mortgages is $50 000 and home mortgages are normally distributed. If a home is known to be more than $250 000, what is t ...

Given two eventsnbspgnbspandnbsph the probabilities of

Given two events G and H , the probabilities of each occurring are as follows: P( G ) = 0.22; P( H ) = 0.34; P( H AND G ) = 0.09. Using this information: Find the complement of P ( H AND G ). Round to 2 places.

In a certain city a school administrator hypothesized that

In a certain city, a school administrator hypothesized that students enroll in school within 5 km from their homes. To check this claim you asked 30 student from the said city and you found that the mean distance between ...

What is the relationship among high school rank act scores

What is the relationship among high school rank, ACT scores, time spent studying, a positive attitude toward school, and a successful collegiate experiences?

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 Economics Expert