Determining equilibrium price and quantity in market
The demand for land is givven by the function: Qd = 2,500+ 20; and the supply is given the function: Qs= 1,000,000. Qd= quantity demanded, Qs= quantity supplied and P= Price. Solve for the equilibrium price and quantity in this market.
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A company requires $1,020,000 in sales to meet its net income target. Its contribution margin is 30%, and fixed costs are $180,000. What is the target net income?
Globalization and global trade have led to increased competition in world markets and increased allocation of scarce resources. Is it accurate to say that this is contributing toincreased consumer surplus and reduction in inflationary pressures?
What criteria would you apply to determine whether such a policy is or is not successful? Judging from your own stated criteria, was Japan's exercise successful? Why or why not?
A firm had no work in process at the beginning of a month. It transferred 4,000 units to finished goods during the month, and 500 units were still in process at the end of the month. Equivalent production for the month was 4,400 units. At what sta
calculate total fixed and total variable cost for the year. show annual results showing fixed and variable separately. show revenue and cost per visitor.
If variable costs decrease by 10%, what happens to the break-even level of units per month for Dodge Company?
The team has estimated that the fixed production costs associated with the production costs associated with the product will be $1,860,000 and variable costs to produce and sell the item will be $2,500 per unit. In light of this how many units mus
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