subject
Business, 28.08.2021 20:20 crazyapril775p3hsz4

The inverse demand and supply functions for a commodity are given bypx=-1/4qx+25/4 and qx=2px-5 respectively 1,determine the equilibrium price and quantity. 2,determine the price elasticity of demand at the equilibrium. 3,what is the state of the market at the price level px=4.​

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 13:00
Jared harless shattered his elbow in a snowboarding accident and decided to visit a doctor at smith union hospital for treatment. in most large organizations, several people are responsible for the buying decisions. these buying-center participants can include employees who have a formal role in purchasing decisions (i.e., the purchasing or procurement department), members of the design team for a new product, top managers, and employees who will be using the item being purchased. these employees are likely to play different roles in the buying process. vendors must understand these roles and adapt the marketing process appropriately for different individuals and for the buying center as a whole.
Answers: 1
question
Business, 22.06.2019 05:00
Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.
Answers: 3
question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
question
Business, 22.06.2019 16:40
Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?
Answers: 2
You know the right answer?
The inverse demand and supply functions for a commodity are given bypx=-1/4qx+25/4 and qx=2px-5 resp...
Questions
question
English, 21.03.2021 14:00
question
Physics, 21.03.2021 14:00