Which ethical issues may arise by speculating with the price of rice at the commodities market? Explain them under support of at least 2 ethical theories.
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Which ethical issues may arise by speculating with the price of rice at the commodities market? Explain them under support of at least 2 ethical theories.
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- explain market conditions (demand and supply) of china products after COVID 19 pandemic in India?Suppose the inverse market demand function is p(q) = 10 + 125/q, p, q ≥ 1 and the market supply function is q(p) = 4p, p, q ≥ 1. (a) Graph the market demand and supply functions as accurately as possible. (b) Find the equilibrium price and quantity. (c) Show that the demand is elastic. (d) Find the value of MR = d(pq)/dq. (e) If there is a quantity tax of t = $2.5/unit, show how much of the tax burden that will be passed to the consumer.SOLVE STEP BY STEP DONT USE CHATGPT In a market, a supply and demand table is presented for a product. Assume that your relationship is linear Price in dollars (P) 300 350 400 450 Quantity (Q) Weekly Offered (O) 1000 2000 3000 4000 Quantity (Q) Weekly Respondent (D) 3000 2500 2000 1000 Find the linear supply and demand functions for this product Find the market equilibrium point
- Assume that the purely competitive firm operates as described below: Q TFC TVC TC AC MC P TR MR Profit 0. 3. Graph TR and TC for the firm 2 8. 4 11 15 21 30 8 42 9 60 10 85 (a) Complete all the cost columns. (b) Assume price = $5. Complete the rest of the table. (c) Graph TR and TC on the graph up and to the right. (d) For the market graph below on the right, label demand, supply and the prevailing market price. Label the equilibrium market quantity with q*. (e) For the firm graph below to the left, label the axis. PLOT USING THE DATA IN THE TABLE the demand curve the firm faces, the marginal revenue curve, the average cost curve, the marginal cost curve, and the equilibrium price, quantity. Show the profit. Do all the plots give you the same answer? 6,Suppose the supply for a certain textbook is given by p=-q² and demand is given by p= 4 where p is the price and q is the quantity. (a) How many books are demanded at a price of $15? (b) How many books are supplied at a price of $15? (c) Graph the supply and demand functions on the same axes. +20,Factor which affects market demand but not individual demand can be: (a) Number of consumers in the market (b) Age and sex composition of population (c) Distribution of income (d) All of the above
- Q3: Which ethical issues may arise by speculating with the price of rice at the commodities market? Explain them under support of at least 2 ethical theories. • Each question must be answered in form of a short essay.Research has found that used-car salesmen often offer women buyers a higher price than male buyers. This is most likely because: (a) the second-hand car market allows first-degree price discrimination. (b) the second-hand car market allows second-degree price discrimination. (c) the second-hand car market allows third-degree price discrimination. (d) used-car salesmen usually find it easier to determine the reservation prices of male buyers than of women buyers.Please type out the correct answer ASAP with proper explanation of the each option given below within 40 50 minutes. Will give you thumbs up only for the correct answer. Thank you . The shape of a typical supply curve would indicate which of the following? Group of answer choices a) Buyers are willing to buy more product as price goes up. b) Buyers are willing to buy fewer products as price goes down. c) Sellers want to sell fewer products as price goes down. d) Sellers want to sell fewer products as prices goes up.
- The demand for a commodity increases when its 1 (A) price increases (B) price decreases (C) price is constant (D) none of the aboveDo consumer behavior strategic recommendations- Words Required: 600DrivingNowhere is producing automobile spare parts. Consider the following data to answer below given questions. Annual demand 30500 Daily demand 100 Daily production 800 Desired lot size 200 Holding cost per uit per year $10 (a) Compute the setup cost so as to comply with the desired lot size. (b) Compute the setup time if hourly setup labor cost is $40.