When p = $5, the quantity demanded of a good is 30 units, and the quantity supplied of the good is 50 units. for every $1 decrease in the price of this good, quantity demanded rises by 5 units and quantity supplied falls by 5 units. the equilibrium price of this good is the equilibrium quantity of this good is units?

All mathematical operations can be performed on ratio data. a. true b. false

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? a. strikes b. collective bargaining c. lobbying d. lockouts