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📘 economics

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Exports Gains
1. **State the problem:** We need to find the net gain from exports and consumer surplus after exports given the original equilibrium and new world price in the cell phone market.
Supply Demand Analysis
**Problem:** Given a table of prices with corresponding quantities supplied and demanded, calculate quantities demanded and supplied at specific prices and identify surplus, shorta
Demand Curve
1. The demand curve shows the relationship between price and quantity demanded. 2. However, I need the specific function or data points for "number 33" to draw the demand curve.
Circular Flow Supply Demand Elasticity
1. **Circular Flow Diagram Labeling** Given the boxes and arrows with numbers, we match the descriptions to numbers:
Egg Supply Elasticity
1. **State the problem:** We are asked to recalculate the new equilibrium price and quantity in the cage-free egg market after an increase of 183.6 million dozen eggs (0.1836 billi
Market Equilibrium Demand Supply
1. Problem 4a: Find equilibrium price and quantity where quantity demanded equals quantity supplied. Demand and supply data:
Equilibrium Tax
1. Diberikan fungsi demand dan supply: Demand: $$P = 30 - 2Q$$
Demand Supply Problems
1. Problem 1: Given the demand function $Q_{dx} = 30 - 3P$. a. Find the quantity demanded when $P=5$ and $P=9$.
Demand Supply
1. Masalah: Diberikan fungsi demand $Q = 40 - 2P$ dan fungsi supply $Q = 19 + 5P$. Jawab pertanyaan berikut. 2. Identifikasi fungsi demand dan supply:
Fungsi Demand Supply
1. Kita memiliki tabel harga (P), kuantitas permintaan (Qd), dan kuantitas penawaran (Qs): | P | Qd | Qs |
Demand Supply
1. Mari kita identifikasi fungsi demand dan supply dari persamaan yang diberikan: Fungsi pertama: $Q = 40 - 2P$
Fungsi Permintaan
1. Tentukan fungsi permintaan dari data harga dan kuantitas. 2. Diketahui harga Rp500, jumlah pembelian 1500 unit dan harga Rp600, jumlah pembelian 1200 unit.
Law Diminishing Utility
1. Masalah ini menanyakan tentang konsep "the law of diminishing marginal utility" dalam ekonomi. 2. "The law of diminishing marginal utility" menyatakan bahwa ketika seseorang men
Market Equilibrium
1. **State the problem:** We are given the revenue function $$R(q) = \frac{4750q - q^2}{50}$$ and the supply function $$q = 1000p - 500$$.
Economics Quiz
Problem: I will answer the multiple-choice questions and the computation problems from the assessment, showing reasoning and final answers. 1. Question 1 (opportunity cost).
Economics Mcq
1. Problem statement: Provide answers and brief explanations for multiple choice questions 11–30 and solve Section 3 application parts. 1. Question 11: Which is normative?
Consumption Values
1. The given consumption function is $c=10 - 5q$. 2. We need to calculate the value of $c$ for $q=0, 10, 15, 20, 25, 30$.
Equilibrium Price Quantity
1. Problem One: Explain effect on equilibrium price (P) and quantity demanded (QD) with different scenarios. 1. If consumer income increases, demand generally increases (for a norm
Equilibrium Price Quantity
1. Problem Statement: Explain how equilibrium price (P) and quantity demanded (QD) change with income, rent, expected price, and substitute price.
Equilibrium Analysis
1. Problem 1: Effects on equilibrium price (P) and quantity demanded (QD) due to changes in economic factors. 1. If consumer income increases:
Cost Functions
1. **Stating the problem:** ABCD Farms has a total cost function $$TC = 100 + 12Q + 0.06Q^2$$ where $Q$ represents 100 gallons of milk. We are to find cost functions, economies of