Suppose the supply of a good is given by the equation qs=800p−2,400 , and the demand for the good is given by the equation qd=2,000−200p , where quantity (q) is measured in millions of units and price (p) is measured in dollars per unit. the government decides to levy an excise tax of $2.00 per unit on the good, to be paid by the seller. calculate the value of each of the following, before the tax and after the tax, to complete the tabie that rollows: 1. the equilibrium quantity produced 2. the equilibrium price consumers pay for the good 3. the price received by sellers

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M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec