1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kati45 [8]
3 years ago
14

g Suppose there are 100 consumers with individual demand curves like the one in Question 1 and 10 producers with individual supp

ly curves like the one in Question 1. Find the competitive equilibrium for this marke
Business
1 answer:
Novosadov [1.4K]3 years ago
6 0

Answer:

The correct answer is "16".

Explanation:

The given question seems to be incomplete. Please find the attachment of the full query.

According to the question,

The supply per producer when there are overall 10 producers,

⇒ P(\frac{Y}{10} )=10+(\frac{Y}{200} )

or,

⇒       Y=200P-2000

The consumption per producer when there are overall 100 producers,

⇒ P(\frac{x}{100} )= 40-(\frac{2x}{100} )

or,

⇒          x = 2000-50 P

At equilibrium,

⇒ 200P-2000=2000-50P

On adding "2000" both sides, we get

⇒ 200P-2000+2000=2000-50P+2000

⇒                        200P=4000-50P

                          250P=4000

                               P=\frac{4000}{250}

                                   =16

You might be interested in
Managing change is often the easiest when the organization is experiencing a:
Trava [24]
I believe the answer is b
8 0
3 years ago
When considering internal controls,
PilotLPTM [1.2K]

Answer:

The correct answer is B) auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.

Explanation:

Based on the theoretical concept, it can be said that the main scopes of a well structured system of internal controls are:

- Promote reliability and impartiality in the production of financial reports.

- Provide timely and easily accessible information, which allows efficient and effective conduction of business processes.

- Ensure compliance with internal processes and actions in general to the objectives of strategic planning, avoiding deviations from the guidelines.

- Safeguard the company's assets, supporting risk management and minimizing eventual financial losses caused by poor management.

3 0
3 years ago
You are a manager in a supermarket. One evening, you hear raised voices and see Chuck shouting at a customer, "I’m not going to
shusha [124]

Answer:

punishment

Explanation:

Basically, the manager is trying to change the behavior of his employee, Chuck. In management and organizational psychology, that is often referred to as the <em>reinforcement theory of motivation</em>.

In this example, the manager uses remuneration punishment in order to alter Chuck's noted behavior pattern.

<u>NOTE </u>- This is not to be confused with <em>negative reinforcement</em>, which is also related to the reinforcement theory. Although the term <em>negative </em>may imply some similarities with punishment, negative reinforcement is a different concept. While punishment is directly weakening the <em>unwanted </em>behavior, negative reinforcement is strengthening a <em>desired </em>behavior, by means of removing an unwanted consequence <u>for the employee</u> when he follows the wanted behavior pattern.

For example, a form of negative reinforcement would be if Chuck knew upfront that his pay would be reduced if he yelled at his customers and he avoided yelling in the first place because of that.

3 0
3 years ago
Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life’s balance sh
adell [148]

Answer:

Please see attachment .

Explanation:

Please see attachment .

8 0
3 years ago
Consider using income approach to compute US GDP. Suppose there is a Mexican citizen working at a US firrm located in US, and ea
Novay_Z [31]

Answer:

According to the information in the text, the US GDP would be $500, because GDP only accounts for all the goods and services produced within the country, or under the income approach, for all the forms of income (rent, dividends, wages) earned by nationals or foreigners in domestic soil.

In this case, the Mexican citizen working in the US and earning $500 adds the same amount to US GDP of that year regardless of his nationality.

6 0
3 years ago
Other questions:
  • When buying a home, money spent to pay for items like the title insurance are called:
    9·2 answers
  • Radon Corporation manufactured 34 comma 10034,100 units during March. The following fixed overhead data pertain to​ March:
    10·1 answer
  • Kresley Co. has provided the following 20X5 current account balances for the preparation of the annual Statement of Cash Flows:
    7·1 answer
  • Which account would be listed on a post-closing trial balance?
    6·1 answer
  • Which type of auto coverage is required by nearly every state in the country?
    9·1 answer
  • A bookkeeper has debited an account for $5,300 and credited a liability account for $2,900. Which of the following would be an i
    5·1 answer
  • Under Munich, a footwear manufacturer, recently announced that they have just designed a new footwear product which includes the
    10·1 answer
  • Activities provide experience in time management. an example of a time-management task might be _____.. creating a web page prio
    14·2 answers
  • 1. On January 1, 20x1, Entity A acquires 25% interest in Entity B for
    10·1 answer
  • If a contract provides a set amount of income for two or more persons with the income stopping upon the first death of the insur
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!