The Reinheitsgebot is a set of laws established in the 1500s that regulate the production and sale of beer in Germany. Among its provisions, the edict set maximum prices that brewers could charge at various times of the year: "From Michaelmas to Georgi, the price for one [Bavarian Liter] is not to exceed one Pfennig Munich value." Cheap beer — this must be a great thing for consumers. Suppose that the demand for beer is given by D=6,000−1,500P , and the supply of beer is given by S=−1,000+2,000P.

a. Accurately graph the demand, supply, and price ceiling curves. b. Without the price ceiling of 1‑Pfennig. What is the equilibrium price of beer? PfenningsWhat is the equilibrium quantity of beer?consumersWhat is producer surplus? PfenningsWhat is consumer surplus? Pfenningsc. With the price ceiling of 1‑Pfennig. What is the producer surplus received by beer producers after the price ceiling is imposed? PfenningsWhat is the consumer surplus received by beer drinkers after the price ceiling is imposed? Pfenningsd. After the price ceiling is imposed, beer drinkers see their surplus

Alandlord rented an art studio to an artist. under the terms of the signed, written, two-year lease, the artist agreed to pay the landlord $1,000 per month and to assume responsibility for all necessary repairs. after the first year of the lease, the artist assigned the balance of his lease to a sculptor. the landlord approved the sculptor as a tenant and accepted two rent payments from her, and then the landlord sold the building to an investor. the sculptor had made two payments to the investor when an electrical fire broke out in the studio, injuring the sculptor. the fire was caused by faulty wiring. the landlord was aware that there was a dangerous wiring problem when he leased the property to the artist. but when the landlord discovered how costly repairs would be, he decided it would be more profitable to sell the property than to repair it. the problem was not easily discoverable by anyone other than an expert electrician, and the landlord did not tell the artist, the sculptor, or the investor about the problem. the sculptor sues to recover damages for her injuries. from whom can the sculptor recover?

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?