Market equilibrium consider the demand function of tofu given by qd = 150 – 10p + 5pb and the supply function of tofu given by qs = 50 + 20p – 7ps, where pb is the price of beef and ps is the price of soybeans. a) find the equilibrium price (pe) and quantity (qe) of tofu, in terms of the beef price (pb). consider the average soybean price to be ps = 2 $/lb. b) calculate pe and qe when beef price is pb = 5 $/lb. c) if the price of tofu is fixed at @ 2.5 $/lb, will the market have excess demand or excess supply? explain. d) the willingness to pay for tofu increased significantly after the plant-based burger battle organized in davis. the new demand is given by qd = 180 – 10p + 5pb). keeping the same supply function, what are the new pe and qe? (consider the same pb = 5 $/lb and ps = 2 $/lb.)

the question using the following data, which show all available techniques for producing 20 units of a particular commodityresource resource prices possible production techniques#1 #2 #3 #4 #5land $4 2 4 2 4 4labor 3 1 2 4 1 3capital 3 5 2 3 1 2entrepreneurial ability 2 3 1 1 4 1assuming that the firm is motivated by self-interest and that the 20 units that can be produced with each technique can be sold for $2 per unit, the firm will

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?