□ If you have demand function when Pі ї Day Do= 20-2Pi+3 РетиP+2y

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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please solve question 6 

 

□
If you have demand function
@d_
when.
20-2P₁ +3P₂ +4Ps + 2y
P₁: price of good (1), and 12 and for the price of other goods
and y incom
A- Find reduce form when P₂ = 1 and P₂ = 3 Y = 100
B- Find The slope demand function
2- If you have supply function
L
Затир, бори
A- Find reduce supply function when Pn = 30
B. Find the slope of supply
function
from
and find Equilibrium
14. If the price of P23 increase from 3 tolo from eq (1)
find the New Equilibrium
- find The Cross price elasticity of demand en
interpretate the result
on pa Equilibrium, and
7 from Dand 2 Calculate Consumer and producer
Surplus
18- If U =
1 = C² C²y find demand function on Crando,
and when Px = 2 and Py = 3 and I = 2
and I = 200 find
the Equilibrium.
@_when from @ find the
Expenditure.
quantities
that minimize
Transcribed Image Text:□ If you have demand function @d_ when. 20-2P₁ +3P₂ +4Ps + 2y P₁: price of good (1), and 12 and for the price of other goods and y incom A- Find reduce form when P₂ = 1 and P₂ = 3 Y = 100 B- Find The slope demand function 2- If you have supply function L Затир, бори A- Find reduce supply function when Pn = 30 B. Find the slope of supply function from and find Equilibrium 14. If the price of P23 increase from 3 tolo from eq (1) find the New Equilibrium - find The Cross price elasticity of demand en interpretate the result on pa Equilibrium, and 7 from Dand 2 Calculate Consumer and producer Surplus 18- If U = 1 = C² C²y find demand function on Crando, and when Px = 2 and Py = 3 and I = 2 and I = 200 find the Equilibrium. @_when from @ find the Expenditure. quantities that minimize
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