The supply function for good x is given by qxs = 1,000 + px - 5py - 2pw, where px is the price of x, py is the price of good y and pw is the price of input w. if the price of input w increases by $10, then the supply of good x

Will increase by 10 units

Explanation:

Given the formula for quantity supplied Qxs = 1,000 + PX - 5PY - 2PW

We are told to gauge the effect of increase in input (W) on quantity supplied (Qxs)

So assuming this protein of the equation is constant

1,000 + PX - 5PY= k

That is there is no change in price of X and Y

Qxs= k- P(W)

So it can be seen that an increase in P(W) is a negative change in the equation

Qxs k - ∆10

Resulting in reduction in Qxs by 10

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; vertical marketing system;