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Naddika [18.5K]
3 years ago
5

Find out equilibrium price and output for the following market condition.

Business
1 answer:
Ierofanga [76]3 years ago
6 0

Answer:

At equilibrium demand is equal to supply therefore  

Qd=Qs

50-2P=3P

By collecting like terms

50=3P+2P

50=5P

P=10

THEREFORE  equilibrium price  is 10

Explanation:

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Assume the Expectations Hypothesis regarding the term structure of interest rates is correct.
S_A_V [24]

Answer:

2.5% is the current two years interest rate

Explanation:

If the first year interest rate is 2% and expected coming year interest rate is 3% based on the hypothetical projection which is believed to be correct, then the interests rate for the two years will be the average of the interest of the two years in focus which gives us:

Current IR = IR (yr 1) + IR (yr 2) / no of years

Current IR = 2 + 3 / 2 = 2.5

6 0
3 years ago
there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n)
bulgar [2K]

There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.

<h3>What is the impact of technological improvement?</h3>

Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.

A  technological improvement in the production of  a good would make it easier to produce a good. Thus, the supply curve would move forward.

Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product.  Equilibrium price would decrease.

To learn more about an increase in supply, please check: brainly.com/question/14727864

#SPJ1

3 0
2 years ago
Joanne owns a bakery that has been in business for over three years. Lately, she hasn't
denpristay [2]

Answer:

She shouldmove maybe 1 of the employees as manager that manages the taxes and general paperwork and give the employees what to do each week or just each shift if thats working but it doesnt seem too productive

Explanation:

7 0
3 years ago
The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p
Andrews [41]

Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

4 0
2 years ago
For a number of years country a had inflation of 3% but for the last five years has had inflation of 6%. country b had inflation
jasenka [17]
Country B because of the recent boom in inflation.
5 0
3 years ago
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