The supply and demand equations of a good are given by the following formulas P=2Qs +48 P= -6QD+ 160 Find the equilibrium price and quantity. The equilibrium quantity is (Type an integer or a decimal.)
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- Applying the DDM model utilizing the following inputs: PO, d1, d2, r, g. When rearranging the price expression so that we can solve for g, g= r - d2/((PO*(1+r)-d1)) True FalseSuppose the demand functions for two products are q1 = f(p1, p2) and q2 = g(p1, p2) wherep1, p2, q1, and q2 are the prices (in dollars) and quantities for products 1 and 2. Consider thefour partial derivatives∂q1/∂p1,∂q1/∂p2,∂q2/∂p1and ∂q2/∂p2,State the sign of each of these partial derivatives if:(a) the products are complementary goods(b) the products are substitute goods.In the asset price model, verify that E[S(t)] = Soeht E[S(t)²] = S²e(²µ+o²)t Var[S(t)] = Se²ut (eo²t - 1)
- D6) if the price elasticity of demand for a good is greater than three, Dan the demand for that good is? a. perfectly elastic b. elastic c. inelastic d. unit elastica. Sketch an aggregate supply and aggregate demand diagram. b. What is the equilibrium output and price level?The single sum, present worth factor: a. Can be depicted as (1 + i)−n b. Can be depicted as (P|F i%,n) c. Is represented as PV using the Excel® financial function with −1 inserted for the fv parameter d. All of the above.
- A forward contract has an underlying asset which, in Cox-RossRubenstein notation, has S=22,u=1.2 and d=0.9. This forward contract matures in one time step and the return over this time step is R=1.02. Assuming the forward price is calculated rationally, what is the value of the forward at node (1,1)? (Give your answer as a positive number.)How to obtain Gradient to equal-payment conversion? Note that A=G(A/G) formula F=P(1+i)^N , P=G(P/G,i,N)How to solve for the current price in the given equation
- The aggregate demand curve shifts to the right when *Translate the following monetary payoffs into utilities for a decision maker whose utility function is described by an exponential function with R = 250: –$200, –$100, $0, $100, $200, $300, $400, $500.Suppose that we can describe the world using two states and that two assets are available, asset X an asset Y. We assume the asset’s future prices have the following distribution State Future Price Asset X Future Price Asset Y 1 $25 $50 2 $20 $40 The values of the unit claims implied by these assets are such that: A. C1 and C2 cannot be determined B. C1=1 and C2=1 C. C1=1, but we cannot determine C2 D. C1=5/4 and C2=5/4