If the demand curve for pencils is given by Q=20000-2000P, and pencils can be produced and supplied at a cost of $5 each, what is the equilibrium price and quantity?

The market for cod liver oil pills is characterized by the demand and supply equations: QD = 100-4P and QS = -20+2P, where P is the price per bottle and Q is the quantity of bottles. If consumers want to purchase 60 more bottles at any given price, what is the new equilibrium quantity? 30 10 40 20

The supply curve of rubber balls is given by Q = 100P – 10. What happens to the quantity supplied of rubber balls if the price of rubber balls increases by $1?   increases by 100   increases by 10   decreases by 10   decreases by 100

Consider the demand ftunction for processed pork in Canada, Q, = 796.00 - 37p • 20p, + 3p. + 0.002Y %3D The supply function for processed pork in Canada is: Q = 363.00 + 54p - 60ph pis the price of pork Pp is the price of beof = $4 per kg Q is the quantity of pork demanded Pe is the price of chicken = $3 per kg Y is the income of consumers = $12,500 Ph is the price of a hog = $1.50 per kg (measured in millions of kg per year) Solve for the equilibrium price and quantity for pork. The equilibrium price of pork is S and the equilibrium quantity of pork is milion kg per year. (Enter numeric responses using real numbers rounded up to two decimal places.)