DEMAND/SUPPLY SCHEDULE 1 DEMAND/SUPPLY SCHEDULE 2

Price Qd Qs
Qd + 200

(At each price)

Qs + 200

(At each price)

$50 200 800
$45 300 700
$40 400 600
$35 500 500
$30 600 400
$25 700 300
$20 800 200
1. Please complete demand/supply schedule 2 i. e if Qd and Qs from schedule 1 are increased by 200 units.

2. Determine equilibrium Price & Quantity in Schedule 1

3. Determine equilibrium Price & Quantity in Schedule 2.

4. Assume a price floor of $45 in Schedule 1; what is the result?

Assume a price ceiling of $25 in Schedule 1; what is the result?

In both cases what is the implication for resource allocation?

5. Distinguish between a change in demand/supply and change in quantity demanded/supplied.

6. In Schedule 2 state four (4) reasons that would shift the demand curve.

7. What are five (5) reasons that would shift the supply curve?

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?