Business, 18.06.2020 02:57 squidywar297
Suppose that the demand curve for wheat is Q = 120 - 10p and the supply curve is Q = 10p. The government imposes a price ceiling of p bar = $4 per unit. a. How do the equilibrium price and quantity change? The equilibrium quantity without the price ceiling is and the price without the price ceiling is The equilibrium quantity with the price ceiling is b. What effect does this ceiling have on consumer surplus, producer surplus, and deadweight loss? The change in consumer surplus (CS) is $ The change in producer surplus (PS) is $ The deadweight loss (DWL) is $
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The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
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Suppose that the demand curve for wheat is Q = 120 - 10p and the supply curve is Q = 10p. The govern...
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