Mathematics, 02.04.2020 14:18 rirnj005
The demand for mineral water is P=10 – (2/3)Q and supply function for mineral water is P=1+(1/3)Q
a) Find the equilibrium price and quantity and Price elasticities of demand and supply.
b) Suppose a unit tax (t) is imposed on suppliers (t= 3TL). Find the new equilbirium.
c) Find the price that consumers pay and the price that producers get after the tax.
d) What is the burden of the tax on producers and consumers and explain how the tax burden is related to elasticities?
Answers: 2
Mathematics, 21.06.2019 16:20
Abank gives 6.5% interest per year. what is the growth factor b in this situation?
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Mathematics, 21.06.2019 19:30
Ascientist wants to use a model to present the results of his detailed scientific investigation. why would a model be useful? a )because the model makes the concepts easier to understand b) because the model is easy to put together and to use c) because the model prevents other scientists from asking questions d) because the model requires the audience to pay full attention to it i don't know what to choose because between a and d a is much more likely than d because it only wants to get the attention of the audience. i'm confuse.
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The position of a moving particle is given by the position function: f(t)=-9t-t^2-0.2t^3+0.1t^4 a. at what time does the particle reverse direction? b. when is the displacement positive? (round one decimal place and answer in interval notation) c. when is the displacement negative? (round one decimal place and answer in interval notation) d. when is the particle’s acceleration positive? (round one decimal place and answer in interval notation) e. when is the particle’s acceleration negative? (round one decimal place and answer in interval notation)
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The demand for mineral water is P=10 – (2/3)Q and supply function for mineral water is P=1+(1/3)Q
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