12/17/22

Economic Question: Finding Price per part given MARR, material cost and initial cost
After graduation you open an injection molding fabrication shop. You are contacted by a potential customer for a quote to produce a part for them. They want 50,000 parts/year for 5 years. You... more
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10/03/22

Which of the following scenarios violates the law of demand with respect to a price change?

Which of the following scenarios violates the law of demand with respect to a price change?a. The substitution effect is +2 and the income effect is -2.b. The substitution effect is +2 and the... more
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06/12/21

Mathematical economics problem.
IF Q is 200 and P is 23,20How much is P at level Q201? I just dont know how to use the demand function.Thank you in advance
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01/22/21

How to find supply and demand

Plant Touch This is doing market analysis for a new small beverage cup for hot drinks.(a plant replacement for those white Styrofoam cups) made from garbanzo beans.They have hired a consultant to... more
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10/09/20

The sum of three numbers is 88. The second number is 3 times the third. The third number is 7 more than the first. What are the numbers?

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10/09/20

Economic math problem
 Consider the following data from the market demand and supply for apartments. Rent Quantity demanded Quantity... more
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