One of the trade-offs tesla faces is between safety and the maximum range someone can drive an all-electric car before having
to recharge it. for example, adding steel to a car makes it safer but also heavier, which results in fewer mileage between recharges.
1 answer:
Answer:
The question is incomplete, you are asked to draw a production possibles frontier between safety and range and explain how it works.
I drew a bounded out curve, where you can maximize safety but at the same time you minimize range, or the opposite. If you are located in a point of the curve, lets say point 0, and wish to gain range and move to point 1, you will lose safety. If you want to increase safety and move to point 2, you will lose range.
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The equilibrium rent is $1600 while the equilibrium quantity is 6800
When quantity demanded is equal to the quantity supplied, the market is said to be in equilibrium. The price at this point is equilibrium price. The quantity at at this point is equilibrium quantity.
In order to determine equilibrium price, equate the quantity demanded and quantity supplied equation
QD = QS
10,000 – 2P = 2,000 + 3P
Combine similar terms
10,000 - 2,000 = 3P + 2P
8000 = 5P
P = $1600
Substitute for monthly rent in the quantity demanded equation
10,000 - 2(1600)
10,000 - 3200
Equilibrium quantity = 6,800
A similar question was solved here: brainly.com/question/14746196?referrer=searchResults
