Given: P = Phones M = Music Players Surplus inventory = 2P + 8M At what values does the graph reach the minimum surplus inventory? 12 11 10 9- Music 54 Players 8 3 2 1 -1 1 2 3 4 5 6 7 8 9 10 11 12 13 -1 Phones Phones = Music Players = Surplus inventory =

It has been mentioned that there should be a match of supply and demand in a company that produces spare parts.Department A can produce parts at a rate of 80/day.Department B uses those parts at the rate of 10/day.Each day unused parts are added to inventory.At what rate does inventory of unused parts buid up?

Show the effect this hurricane on the sweat shirt

Retail Demand is Q=16-Pr Farm Supply is Q=2+.5Pf Marketing Cost Per Unit is MC=$5.00   Quantity   Retail Price   Marketing Cost   Farm-level Demand Price   2               4               6               8               10             Draw a graph of the market showing all relevant curves and functions on graph paper

Question 3 Question 6 $19 16 Question 16 13 10 30 0 Total Product Assume that supply of a product increases while the demand for it decreases. Then, the equilibrium quantity will, 100 160180 210 Quantity In order to maximize profits, this firm should charge $ Average Fixed Average Variabile Cost Cost $100.00 33.33 25.00 Question 11 2.5 points Save An Paris has a weekly income that she spends on two goods: fast food meals and sugary drinks. If she spends all her money on fast food meals, she can buy 8 of them. If she spends all her money on sugary drinks, she can buy 9 of them. Calculate the opportunity cost of one y drink (in terms of fast food meals) your answers as a number with 2 c (like 2.38 or 1.00 or 9.35) as your answer. 16.01 14.2% 12.50 11.11 10.00 $17.00 16.00 15.00 14.00 14.00 15.71 17.50 19.44 Average Total Cost $117.00 66.00 MC 34.00 30.67 SO 30.00 30.55 31.60 33.09 MR Marginal Cost $17 ATC 1.5 points (choose one and write it out exactly as it is written: increase,…

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The following graph shows the monthly demand and supply curves in the market for combs. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. PRICE (Dollars per comb) 528 && 28 72 64 56 48 40 16 Supply Demand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Combo) Graph Input Tool Market for Combs Price (Dollars per comb) Quantity Demanded (Combs) 24 500 Quantity Supplied (Combs)

Question One. A market consists of 5000 identical households and 100 identical producers. The demand a. equation for a typical household over a week is given by C = 30 - 2p + 0.001PCD-0.028P. Where i 1, 2, 3..5000 And the supply equation for a typical firm over a week I given by = -50 + 10p- 0.5PL-0.1P Where j 1,2,3...,100 i. Write the market demand and supply equations ii. Assume a households' per capita disposable income PCDI is $8,000. Further assume that Pe, PL, and PE are $20, $100, and $80, respectively. Determine the market equilibrium price and quantity. iii. What would be the equilibrium price and quantity if the households' per capita income increased to $8,500, ceteris paribus? iv. Assume that due to inflation, the cost of labor increases by 30 % and price of energy by 40 %. What is the new market equilibrium price and quantity? Measure the impact of the change in prices of labor and energy by comparing the new equilibrium values with values (You will be doing comparative…

Price ($) 15 14 13 12 11 10 9 S 8 D 7654321 0 10 20 30 40 50 60 70 80 90 Quantity Assume the market depicted in the graph is in equilibrium. What is total surplus?