Generates price-quantity consistent for demanders or buyers

All prospective demanders [buyers] would be within equilibrium when this market for teleporter buttons created a price and a quantity consistent along with: (1) eliminating the shortage Q1-Q3 existing at P3. (2) any point along the demand curve within this market. (3) only price P2 and quantity Q2 at point a. (4) eliminating the surplus Q3-Q1 at price P1. (5) any point along the supply curve in this market.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

#### Related Questions in Microeconomics

• ##### Q :Problem on cross-price elasticity Kathy

Kathy purchases two goods, t-shirts and caps.  Her demand for t-shirts is:

Qt = 44 – 3Pt - Pc + .04I

The price of caps is Pc = \$2. And her income is I = \$300.

a. Graph a demand curve for Kathy’s t-shirts.

• ##### Q :Riskiness of an Investment When the

When the riskiness of an investment into an apartment complex warrants a 12.5% annual rate of return and the complicated is expected to generate net cash flow (as after utilities, preservation and other costs) of \$2 million per year,

• ##### Q :Gini Coefficient in Loren Curve A Gini

A Gini coefficient for this demonstrated figure can be computed as: (w) area A minus area B. (x) area A × area B.  (y) area C minus [area A + area B]. (z) [area A] / [area A + area B].

##### Q :Elasticity of supply when price hike

When a \$5 price hike raises the number of tanks of dehydrated water supplied in this market from point e to point f, the elasticity of supply: (i) 2.333. (ii) 2.000. (iii) 1.667. (iv) 1.333. (v) 0.600.

How can I so

• ##### Q :Average productivity of labor When the

When the capital-to-labor (K/L) ratio rises, the: (1) productivity of capital tends to increase. (2) profitability of capital investments will raise. (3) average wages paid to labor will probably decrease. (4) average productivity of labor generally i

• ##### Q :Aggregate Supplies of Labor The

The Supplies of labor from a specified population mainly depend on the: (1) Structure of wage rates. (2) Labor force participation rates of different population sub-groups. (3) Individual preferences for the work and income versus the leisure. (4) Levels of investment

• ##### Q :How much loss an industry bear How much

How much loss can an industry bear?

Answer: An industry can bear losses up to its total fixed costs.

• ##### Q :Inverse relationship in Law of Demand

The law of demand signifies to: (i) The direct relationship accessible between quantity and prices demanded. (ii) The inverse relationship accessible between quantity demanded and opportunity cost. (iii) How demand shifts due to modifications in price

• ##### Q :Outsourcing affect the economy Explain

Explain how does outsourcing affect the economy?

• ##### Q :Individual Welfare Recipients If an

If an individual receives benefits from the government, associate to the benefits everyone else receives, which exceed the individual’s taxes like a proportion of total tax payments by all citizens, which individual can reasonably be viewed like