Magnesium is electrochemically the most active metal employed in common structural alloys of iron and aluminum. Mg is widely used as a sacrificial anode to provide cathodic protection of A...
1 Answers 1 viewsThe availability of the common denominator that we can use to study the market such as market for wheat, market for public utilities, market for jewelry, and market for crude...
1 Answers 1 viewsIn equilibrium, Qd = Qs - 20+P=100-0,5 1,5P=120 P = 80 Therefore equilibrium quantity , Q = Qd = Qs = 100 - 0,5х80 = 60 unit Equilibrium price is 80 unit and quantity...
1 Answers 1 viewsDemand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time.Individual demand schedule is a set of...
1 Answers 1 viewsa.Individual supply refers to the amount supplied by a single seller, whereas market supply refers to the total amount supplied by all market sellers.b.A demand schedule is a table that...
1 Answers 1 viewsIn equilibrium, Qd = Qsor, 100 - 0,5P = -20 + P120=1,5Por, P = 80So, Equilibrium quantity , Q = Qd = Qs = 100 - 0,5х80 = 60 [аs, P = 80 unit.]Answer: Equilibrium price...
1 Answers 1 viewsEquilibrium price and Equilibrium quantity will increase. If market demand increases by 50% while supply increases by 40% it means that there would be shortage of product. Demand is higher...
1 Answers 1 viewsIf there is a surplus on the market then S>D, and the surplus is calculated, as supply subtracting demand: S-D= 9.9.2P-35-100+9.4P=918.6P=144P=7.74 - is the current market price
1 Answers 1 viewsIf market supply is P = Qs + 5, then: Qs = P - 5At market equilibrium: Qd = Qs 50 - P = P - 5 50 + 5 = P...
1 Answers 1 viewsThe market equilibrium price is the market price at which the market demand for a product is equal to its market supply.
1 Answers 1 views