Business, 28.11.2019 04:31 wardlawshaliyah
Astore sells two brands of camping chairs. the store pays $8080 for each brand a chair and $6060 for each brand b chair. the research department has estimated that the weekly demand equations for these two competitive products to be the following, where p is the selling price for brand a, q is the selling price for brand b, and x and y are the average number of chairs sold per week. complete parts (a) and (b) below. a) detetmine the demands x and y when p=$100 and q=$120
b) how should the store price each chair to maximize weekly profit? what is the maximum weekly profit?
Answers: 3
Business, 22.06.2019 09:00
Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.
Answers: 1
Business, 22.06.2019 19:10
After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.
Answers: 2
Business, 22.06.2019 21:20
Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.
Answers: 1
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