18. How prices allocate resources Suppose that there are three beachfront parcels of land available for sale in Asilomar and six people who would each like to purchase one parcel. Assume that the parcels are essentially identical and that the minimum selling price of each is $445,000. The following table states each person's willingness and ability to purchase a parcel. Willingness and Ability to Purchase Person (Dollars) Alyssa 510,000 Brian 470,000 Crystal 420,000 Edison 390,000 Hilary 380,000 Tim 600,000 Which of these people will buy one of the three beachfront parcels? Check all that apply. O Alyssa O Brian O Crystal O Edison O Hilary O Tim Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $432,500. This fourth parcel v be sold, because v will purchase it from the seller for at least the minimum price.

Which is true of the graphs?

What will happen to the gross margin generated by the iPad if Apple reduces the price by €100?

How does the nature of input impact the elasticity of supply of a good.  I need a brief explanation. Please don't write big essay

currentky at the price of .50 xent eacu 250 popsicles are sold per day in the perpetually hot town of rostin consider ghe elasticy of supply in the short run a price increase form.50 to 1 is unit elastic in the long run a pruce increase from 50 to a 1 has and elasticy supply of 1.50

amaldong no Nowboy 2) Suppose that a furniture manufacturer is willing to supply x tablets at a tounding P = S(x) = 2x² - 30x + 300 dollars each, and has found that consumers are willing to purchase x tablets at a price of p = D(x) = -10x +1050 dollars each. Put units on all of your solutions. a.) Sketch the graphs of the supply and demand functions on the same axis. Label your y intercepts, the units on the axis, and your functions clearly. Find Equilibrium price and quantity and label it on your graph. LONGAT pub Gen Equilibrium Price = Equilibrium Quantity = b.) Shade in the region that represents Producers' Surplus at equilibrium Write the expression (with the definite integral) that represents the amount of producers' surplus and find it 8.01 NOHA c) Write the expression (with the definite integral) that represents the Consumers' surplus and find it.