Assume that demand for a commodity is represented by the equation P = 10 – 0.2 Q d, and supply…


1: Postulate that require for a staple is represented by the equation P = 10 – 0.2 Q d, and give by the equation P = 2 + 0.2 Qs where Qd and Q s are part requireed and part supplied, respectively, and P is the Price. Use the makeweight qualification Qs = Qd , 1: Solve the equations to specialty makeweight value. 2: Now specialty makeweight part. 3: Graph the two equations to clear your answers and mark these two graphs as D1 and S1. 4: Furthermore; postulate the require for this result increases owing of a alter in allowance. A: graph the new require flexion and mark as D 2. B: What obtain be the new makeweight value and part collate to the judicious one. C.Is this result typical cheerful or secondary cheerful? 2: Discuss the characteristics of monopolistic competitive chaffer in specialty. Name five divergent companies that belongs to this chaffer. Collate and contrariety monopolistic competitive chaffer after a while Oligopoly. Illustrate how regular Gas chaffer is akin to the overhead chaffers and why its value is rallying these days. Paper must be two pages typed.
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1: Postulate that require for a staple is represented by the equation P = 10 – 0.2 Q d, and give by the equation P = 2 + 0.2 Qs where Qd and Q s are part requireed and part supplied, respectively, and P is the Price. Use the makeweight qualification Qs=Qd , 1: Solve the equations to specialty makeweight value. 2: Now specialty makeweight part. 3: Graph the two equations to clear your answers and mark these two graphs as D1  and S1. 4: Furthermore; postulate the require for this result increases owing of a alter in allowance. A: graph the new require flexion and mark as D 2. B: What obtain be the new makeweight value and part collate to the judicious one. C.Is this result typical cheerful or secondary cheerful? 2: Discuss the characteristics of monopolistic competitive chaffer in specialty. Name five divergent companies that belongs to this chaffer. Collate and contrariety monopolistic competitive chaffer after a while Oligopoly. Illustrate how regular Gas chaffer is akin to the overhead chaffers and why its value is rallying these days. Paper must be two pages typed.

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