Price P2 D11pm. T 8 am $ is Freeway Space fer to Exhibit 5-1, which shows supply and demand for freeway space at both 8 a.m. and 11 p.m. Suppose that the government decides to set the oney price of driving on the freeway at zero, but creates programs that encourage drivers to carpool. If the carpooling program is sufficiently ccessful to eliminate the shortage of freeway space at 8 a.m., graphically the result of the increase in carpooling would be a a. movement up along D8a.m. to the point where D8a.m. intersects the supply curve. b. rightward shift of the supply of freeway space curve. c. leftward shift of the demand for freeway space curve from D8a.m. to D11p.m. d. leftward shift of the supply of freeway space curve.

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Refer to the figure. Price (dollars) 10 9 8 7 5 a 3 2 1 0 Market for Artichokes 50 100 D 150 3 200 Quantity (pounds of artichokes) 250 Tools ES O The graph represents the market for artichokes (in pounds per week) at a Midwest farmers' market Suppose the equilibrium price of artichokes is $3 per pound and the equilibrium quantity is 100 pounds of artichokes per week. Using the graph determine how much economic surplus is generated in the market each week. Economic surplus: $

The table below shows Bellamy's demand schedule for tutoring before and after winning the lottery. Use the data provided to answer two questions. Quantity Demanded (Hours per Semester) Price (per Hour) $23 20 18 15 13 10 8 5 Initial Quantity After Increase in Demanded Income 4 12 6 8 10 12 14 16 18 $ Instructions: Enter your responses as a whole number. At what price would Bellamy buy 12 hours of tutoring? a. Without a lottery win. 20 per hour b. With a lottery win. 14 16 18 20 22 24 26 35 per hour

bry h > K I ips kball5@bulldogs.a... ips ] Bookmarks Window Help zm 3 37,279 # zm | CENGAGE Q O PRICE (Dollars per blinkie) 22.00 18.00--- 14.00 O Grammarly was Successfully Installed | Gramma.... MINDTAP $ 4 Demand M R A Je B D MA zm Homework (Ch 08) The following graph represents the demand and supply for blinkies (an imaginary product). The black point (plus symbol) indicates the pre-tax equilibrium. Suppose the government has just decided to impose a tax on this market; the grey points (star symbol) indicate the after-tax scenario. % 5 Bb E 28 36 QUANTITY (Blinkies) T Supply ng.cengage.com 6 1 8. | | MacBook Pro zoom & 7 Mar AL Alabama Black history stories you may not know... tvNZAO 8 ? G₂ G 4+ GIIGIG O ( 9 amagan music + 0 zoom W 4 0 b ☎ Q X 2 + . MindTap - Cengage Learnin Q Search this cours

We have the following table for humidifiers: Price Quantity supplied Quantity demanded $200 3,500 1,500 $175 3,000 2,000 $150 2,500 2,500 $125 2,000 3,000 $100 1,500 3,500 $75 1,000 4,000 $50 500 4,500 $25 0 5,000 $0 0 5,500 What is the equilibrium price? $75 $100 $150 $175

Traffic fee The graph below shows the daily demand for entry into the downtown core of a major city by commuter vehicles and shoppers' vehicles if they were required to pay a special traffic fee in order to enter. a. Draw the total demand curve. Plot only three points of the curve. 14 12 10 4 Commuters Shoppers Tools 0 6 12 18 24 30 36 42 Number of vehicles per day (tens of thousands) Total demand b. Assuming that there is no charge for entry, what is the total number of vehicles entering downtown? (Give your answers in tens of thousands of vehicles.) Quantity of vehicles: c. Suppose that government, in an effort to reduce the number of vehicles by 50 percent, decides to impose a traffic fee (the same fee for both commuters and shoppers) for entry into the downtown area. What will be the amount of the fee, and how many of each group will enter downtown? Fee: $ Number of commuter vehicles: Number of shoppers'vehicles: [ оп d. Assume that government, alternatively, decides to have a…

Canned ssalmon is less desireable than other fish as incomes goes up what haapens to the supply demand curve?