Business
Business, 18.06.2020 02:57, squidywar297

Suppose that the demand curve for wheat is Q = 120 - 10p and the supply curve is Q = 10p. The government imposes a price ceiling of p bar = $4 per unit. a. How do the equilibrium price and quantity change? The equilibrium quantity without the price ceiling is and the price without the price ceiling is The equilibrium quantity with the price ceiling is b. What effect does this ceiling have on consumer surplus, producer surplus, and deadweight loss? The change in consumer surplus (CS) is $ The change in producer surplus (PS) is $ The deadweight loss (DWL) is $

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 19:00, RoyalGurl01
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
image
Business, 22.06.2019 19:10, soevse
Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration
Answers: 1
image
Business, 22.06.2019 20:20, cjp271
Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine
Answers: 1
image
Business, 22.06.2019 22:20, Derp5013
Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative
Answers: 1
Do you know the correct answer?
Suppose that the demand curve for wheat is Q = 120 - 10p and the supply curve is Q = 10p. The govern...

Questions in other subjects: