Combined Supply and Demand Schedule
Quantity
Price of a
slice of pizza
Quantity
demanded
supplied
300
100
250
$.50
$1.00
$1.50
$2.00
$2.50
$3.00
200
150
150
200
250
300
350
100
A. When the price of a slice of pizza is $2.50, how many slices are sold?
B. What is the equilibrium price?

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk