True or False (explain why) The supply function is Qs = 85 + 0,5P, when the price is $100, then quanity supplied of X is 350 units

What is the slope of the given demand curve?

Assume that the supply and demand equations for 1-shirts at store A and 2 in a particular week are. = .7q+ 3 offer p= - 1.7q + 15 Demand Determine the equilibrium quantity and price that stabilizes the T-shirt market. (1) (4$5.5) (2) (7, $8) (3)($9.5) (4) (5, $6.5)

The market research department of the Better Baby Buggy Co. predicts that the demand equation for its buggies is given by  q = −2.5p + 500  where q is the number of buggies it can sell in a month if the price is $p per buggy. At what price (in dollars) should it sell the buggies to get the largest revenue? p = $

The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $150; the quantity demanded each month is 1000 when the unit price is $120. The suppliers will market 750 espresso makers if the unit price is $50. At a unit price of $80, they are willing to market 3000 units. Both the demand and supply equations are known to be linear. (a) Find the demand equation.p =     (b) Find the supply equation.p =     (c) Find the equilibrium quantity and the equilibrium price. equilibrium quantity       units equilibrium price     $

Fall of 2020, international demand for U.S. grains grew, pushing up the prices for grains. Indeed grain prices grew nearly 50% in the last 6 months. Your task as an analyst is to analyze the changes in the market for corn. Using a grapg, depict the changes that took place in the corn market. Clearly show and explain any shifts in demand and/or supply curves. Label any shifted curves as D1 and/or S1. If the curves have not shifted, please explain why.  Clearly show the new market equilibrium if changed from your answer to Question 1. Label the new equilibrium price as P1 and equilibrium quantity as Q1.

Consider the demand function d(p)=300e^−0.01p^2 items purchased when charging p dollars per item. Currently the price is 9 dollars per item. Use marginal analysis to estimate the decrease in demand when the price increases by 0.3 dollars per item. Demand would decrease by approximately _____ items. Round your answer to three decimal places.

A particular commodity has a price-demand equation given by p = √18,444 - 417x, where x is the amount in pounds of the commodity demanded when the price is p dollars per pound. (a) Find consumers' surplus if the equilibrium quantity is 40 pounds. (Round your answer to the nearest cent if necessary.) (b) Find consumers' surplus if the equilibrium price is 17 dollars. (Round your answer to the nearest cent if necessary.) $

Given a demand function of Qd = 20 – 4P + 0.7Y, what is the YED for a product at a point where Price is $1, Quantity is 9 billion bushel and Income is $50? Based upon this calculation for YED, the product would be considered a normal good. A. True B. False

suppose that supply function of given by Qs=15+2P,and due tk market situation,the maximum price is 8 birr,then find the domain and range of the function?