Let the demand and supply functions for a commodity be qd = d(p, yo) (dp < 0; dyo > 0) qs = s(p, t.) (sp > 0; st. < 0) where yo is income, to is the tax on the commodity, and both are exogenous. (a) impose the equilibrium condition (qd = qs) to express the market equilibrium in a single general function f. (b) check whether the sufficient condition to apply the implicit-function theorem is satisfied. (c) find @p*/@yo, and @p*/@to. sign each of them, and explain what the sign on each of them implies economically. (d) given the fact that in equilibrium qs = qd = q*, use the chain rule to find aq* /ay, and əq* /at.. sign each of them, and explain the economic implications of each of them.

When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1