supply equations

Gasoline prices have been and will continue to be a major issue for the economy. From the start of the Covid-19 pandemic up to the present day, gasoline prices have been in the news. ---What has happened to the price of gasoline over the past 12 months? Be specific and include actual prices in your answer. ---Discuss the recent changes in price from a supply and demand standpoint. Have the price changes been due to a change in supply, a change in demand, or both? Explain your answer. ---How did Covid-19 affected the market for gasoline? Which of the main influences of supply and demand do you think were responsible for the price changes? (See textbook pages 90-91 and 97-98.) Be specific and explain why and how the "main influences" you chose had an impact on the gasoline market.

Solve for the equilibrium price P

Please answer on d and e Thank you

12. Given that the U.S. government mandates the use of ethanol as a partial substitute for gasoline (10% by volume), and that ethanol manufactured in the U.S. is made from corn; how will the supply of ethanol, the demand for ethanol, as well as its equilibrium price and quantity, be affected by the following event: Publication of a scientific study which concludes that the production of ethanol from corn in the United States and its use as fuel produces more carbon dioxide emissions than the use of gasoline. There may be miltiple answers     f) Equilibrium Quantity will increase.     d) Supply will increase.     g) Equilibrium Quantity will decrease.     a) To the extent the amount of ethanol additive in gasoline is determined by government fiat, neither demand for not supply of ethanol will be affected unless the government changes its requirements.     e) Supply will decrease.     j) Equilibrium Price and Quantity will remain unchanged.…

Consider the market for sweet cherries in the Yakima Valley in Washington. The following are the equations of the supply and demand curves for sweet cherries in the Yakima Valley: Pd=452-Qd or Qd-452-Pd Ps=(1/450) * Qs+1 or Qs=450 * Ps-450=450 * (Ps-1) In these equations, P is the Price/lb of sweet cherries in the Yakima Valley, and Qd and Qs are the quantity demanded and the quantity supplied of cherries in milliion lbs per year.  a) complete the table to find the Qd, Qs b) what are the equilibrium P and Q of cherries?  c) Suppose that the P of sour cherries, a substitute of the sweet cherries, decreases. As a result the D curve for sweet cherries shifts, and the new D curve is given by the following equation: P=361.8-Qd or Qd-361.8-P Fill the Qd_d column of the table with your answers.

QUESTION 11 If the demand equation is D(x) = 109 - 3.9x and the supply equation is S(x) = 6.3x + 35, find the equilibrium quantity. Click Save and Submit to save and submit. Click Save All Answers to save all answers. acer MADE IN USA MADE IN USA ADE IN USA

14. Given that the U.S. government mandates the use of ethanol as a partial substitute for gasoline (10% by volume), and that ethanol manufactured in the U.S. is made from corn; how will the supply of ethanol, the demand for ethanol, as well as its equilibrium price and quantity, be affected by the following event: Development of new genetically engineered bacteria that can efficiently convert high cellulose biomass (grasses, wood chips, etc.) into ethanol. There will be multiple answers     h) Equilibrium Price will increase.     e) Supply will decrease.     j) Equilibrium Price and Quantity will remain unchanged.     d) Supply will increase.     c) Demand will decrease.     g) Equilibrium Quantity will decrease.     f) Equilibrium Quantity will increase.     a) To the extent the amount of ethanol additive in gasoline is determined by government fiat, neither demand for not supply of ethanol will be affected unless the government changes…

Note: Please answer number 1only. Thank you!