2. Imagine you work at a leading department store. Ms. Sanders is a loyal customer who mainly shops within your department, women's apparel. She is extremely pleasant and always makes several purchases each visit. Although Ms. Sanders is considered an easy shopper, she never quite knows what she wants. She's always interested in everything, from what's new, to what's on sale, to any best sellers! In two to three sentences, explain how you would give Ms. Sanders, an undecided customer, the best customer service. (3 points)

10. problems and applications q10 a market is described by the following supply-and-demand curves: qsqs = = 2p2p qdqd = = 300â’p300â’p the equilibrium price is $ and the equilibrium quantity is . suppose the government imposes a price ceiling of $90. this price ceiling is , and the market price will be $ . the quantity supplied will be , and the quantity demanded will be . therefore, a price ceiling of $90 will result in . suppose the government imposes a price floor of $90. this price floor is , and the market price will be $ . the quantity supplied will be and the quantity demanded will be . therefore, a price floor of $90 will result in . instead of a price control, the government levies a tax on producers of $30. as a result, the new supply curve is: qsqs = = 2(pâ’30)2pâ’30 with this tax, the market price will be $ , the quantity supplied will be , and the quantity demanded will be . the passage of such tax will result in .