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Which of the following is goods market clearing condition?
A. Y=C+I-G
B. Y=C+I-G
C. G=T
D. Y-C=I+G
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- A6 A functioning market exists when there is more than one firm on either the buying side of the selling side of the market for a particular product.use diagramsa. What is the effect on the equilibrium price and quantity traded in market of theintroduction of a new technology that reduces costs of production for all firms?b. What is the effect on the equilibrium price and quantity traded in a market of a changein tastes that reduces the demand for the product?c. What is the effect on the equilibrium price and quantity traded in a market of theimposition of a tax per unit sold on suppliers?d. What is the effect on the equilibrium price and quantity traded in a market of thepayment of a subsidy per unit sold paid to suppliers?Price elasticity of demand is determined by the following factors except which one? A. Number and closeness of alternative modes of transport. B. Proportion and timing of disposable income C. Willingness and ability of suppliers to provide transport D. Time dimension
- mwy w grupi i ving withopoinviny universo in un grup nove mi viviys wwww.vg. Graph Input Tool ? Market for Goods 25 Quantity Demanded (Units) Demand Price (Dollars per unit) 25.00 Demand + 0 15 5 45 20 50 QUANTITY (Units) On the graph input tool, change the number found in the Quantity Demanded field to determine the prices that correspond to the production of 0, 10, 20, 25, 30, 40, and 50 units of output. Calculate the total revenue for each of these production levels. Then, on the following graph, use the green points (triangle symbol) to plot the results. 630 567 A 504 Total Revenue 441 378 315 252 189 126 63 PRICE (Dollars per unit) TOTAL REVENUE (Dollars) 50 45 40 35 30 25 20 15 10 5 0 10 25 30 35 40 0 + 0 5 10 45 50 15 20 25 30 35 QUANTITY (Number of units) Calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginal revenue of the 10th unit produced. The marginal revenue of the 10th unit produced is $ Calculate the total revenue if the firm…What is the market structure in retail gasoline?The following table contains a monthly demand and supply schedule for large. single-topp• ng, carry-out pizza Price of pizza (per pack) Quantity demanded for pizza (per pack) Quantity supplied for pizza (per pack) Quantity demanded for good Y $21 6000 7900 6000 $17 7000 7200 8000 $19 8000 6500 10000 (A) Derive the market demand and market supply function for the carry-out pizza? (B) What Is the equilbrium price and quantity for the above market? Leave your answer in 2 decimal place (if any) C Suppose the price of a conplement good to pizza has fallen. Sketch a diagram that shows the effect of the above to the market equilbnum for pizza. Briefly explan the changes
- Only typed answer Find the consumer surplus. Supply: Q=2P. Demand: Q=100-5Pwhat is the best way to enter global market (international market)? no assignmet or essy just a paragraph to understand and get some ideas about the concept thank youQu A production quota set below the equilibrium quantity creates a decrease in marginal cost .a O a rise in priceb O Score all choices of this question are correct .c O a decrease in supply .d O
- 3a Explain what supplier-induced demand is.When a market produces more or less than the optimal amount of a particular good, economists say there is: O Market failure An in-kind transfer payment O A value marginal product O Cross-inefficiencyAs prices rise, why will producers increase production of a product? O They are required to by law. O They are spending less money on resources. O They want to decrease the volume of sales. O They want to obtain higher profits. vc.k12.com/learnx-svc/getIndex/token/6241afc7ef9a221020a640c5_a5107a05-ec20-47e8-bf05-9a035c6efc38/conceptld/HST MAR 1 28 MacBook Ai 000 D00 FA F1 F2 F3 # 2$ % %24