subject
Business, 09.07.2019 21:30 roselyn3301

Consider a market for fish whose market demand and market supply for fish are specified as qd = 300 - 2.5 p and qs = - 20 + 1.5 p respectively. the government decides to impose a price floor of $50 per ton. what would be the resulting market distortion?

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 02:20
The director of the federal trade commission (ftc) bureau of consumer protection warned that the agency would bring enforcement action against small businesses that select one: a. failed to inform the public about network failures in a timely manner b. failed to transmit sensitive data c. did not report security breaches to law enforcement d. lacked adequate policies and procedures to protect consumer data.
Answers: 2
question
Business, 23.06.2019 14:30
Gather reliable information to brent make his decision. to gather this information, use newspapers, call insurance companies or look at their web sites, and review consumer magazines and web sites. also, look at the manufacturer web site or for information about gas mileage. list the sources you use and take notes.
Answers: 2
question
Business, 24.06.2019 02:00
You are interested in buying a laptop computer. your list of considerations include the computer's speed in processing data, its weight, screen size, and price. you consider a number of different models, and narrow your list based on speed and monitor screen size, then finally select a model to buy based on its weight and price. in this decision, weight and price are examples of:
Answers: 1
question
Business, 24.06.2019 02:30
Atoy manufacturing company currently produces 100 toys each day. the workers at that company earn $15 per hour. however, the government establishes a minimum wage of $24 per hour. the company cannot afford to keep all its workers, so it lays off some employees. how many people lose their jobs? a. 14 b. 18 c. 23 d. 41
Answers: 1
You know the right answer?
Consider a market for fish whose market demand and market supply for fish are specified as qd = 300...
Questions