Answer:
900 or 9 hundred
Explanation:
Given that :
the supply curve = P = 5 + 0.1Q
the Demand curve = P = 20 – 0.2Q
The relation of both above yields the equilibrium price and quantity .
SO;
5 + 0.1Q = 20 – 0.2Q
5 - 20 = -0.2Q - 0.1Q
-15 = -0.3Q
Q = -15/-0.3
Q = 50 hundreds of unit per day
Q = 5000 per day
So;
P = 5 + 0.1Q
P = 5 + 0.1 (50)
P = 5 + 5
P = $10
Therefore; the equilibrium price is $10
the equilibrium quantity is 5000
Similarly; the portable radio imposes $2.70 per day in noise costs on others.
∴ in order to deduce the social marginal cost curve ,w e need to shift the private marginal cost curve up by $2.70 for every unit.
Now; the social marginal cost curve will be ;
P = (5 + 2.7) + 0.1Q
P = 7.7 + 0.1Q
In order to determine the social optimum ; we relate the social marginal cost with demand curve as follows:
7.7 + 0.1Q = 20 - 0.2Q
0.1Q + 0.2Q = 20 - 7.7
0.3Q = 12.3
Q = 12.3/0.3
Q = 41 hundred unit per day
Q = 4100 per day
Recall :
P = 7.7 + 0.1Q
P = 7.7 + 0.1(41)
P = 7.7 + 4.1
P = $11.8
Finally; the equilibrium number of portable radios rented is 5000 - 4100 = 900 or 9 hundred
I can probably do it for u
According to analyzes by the Bureau of Labor Statistics, there will be expansion of complex goods and services, which require greater education in their production and marketing. Thus, these services tend to cater to those people who have the resources to pay for it. This means that the rapid expansion of services expected over the next five years will focus on the richest. Healthcare, education and leisure firms will tend to produce more personalized services to increase their profitability. This is basically the market logic of the economy.
Answer: temporary team formed to solve a problem, realize an opportunity, or design a product or service.
Explanation:
A task force is formed for the purpose of finding out how to fix a certain problem or realize a product or service.
Once this problem has been fixed or this good realized, the task force is disbanded because it is a temporary group that has fulfilled its objectives and so no longer has to be in effect. For instance, countries have Cov-id-19 taskforces who help coordinate responses to Corona and they will be disbanded when Corona is gone.
