A group of retailers will buy 116 televisions from a wholesaler if the price is $300...

A group of retailers will buy 116 televisions from a wholesaler if the price is $300 and 156 if the price is $250. The wholesaler is willing to supply 104 if the price is $220 and 184 if the price is $310. Assuming that the resulting supply and demand functions are linear, find the equilibrium point for the market. (q, p) =

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milcah answered 2 years ago

A group of retailers will buy 84 televisions from a wholesaler if the price is $400...

A group of retailers will buy 84 televisions from a wholesaler if the price is $400 and 124 if the price is $350. The wholesaler is willing to supply 76 if the price is $315 and 156 if the price is $405. Assuming the resulting supply and demand functions are linear, find the equilibrium point for the market. (q, p) = ( , )

A group of retailers will buy 120 televisions from a wholesaler if the price is $375...

A group of retailers will buy 120 televisions from a wholesaler if the price is $375 and 160 if the price is $325. The wholesaler is willing to supply 88 if the price is $320 and 168 if the price is $410. Assuming the resulting supply and demand functions are linear, find the equilibrium point for the market. Find (q,p).

A group of retailers will buy 80 televisions from a wholesaler if the price is $350...

A group of retailers will buy 80 televisions from a wholesaler if the price is $350 and 120 if the price is $300. The wholesaler is willing to supply 60 televisions if the price is $280 and 140 if the price is $370. Assuming that the supply and demand functions are linear, find the equilibrium point for the market. What ordered pairs are we given for demand? (don't include units in your answer, one ordered pair per box) What are...

Retailers will buy 40 items from a wholesaler if the price is $175 and 60 items...

Retailers will buy 40 items from a wholesaler if the price is $175 and 60 items if the price is $150. The wholesaler is willing to supply 30 items if the price is $140 and 70 items if the price is $185. Assuming that the resulting supply and demand functions are linear, find the equilibrium point for the market. *please show all work*

Retailers will buy 45 cordless phones from a wholesaler if the price is $10 each but...

Retailers will buy 45 cordless phones from a wholesaler if the price is $10 each but only 20 if the price is $60. The wholesaler will supply 35 phones at $30 each and 42 at $42 each. Assuming the supply and demand functions are linear, find the market equilibrium point(q0, p0).

Kick and Swing Inc. is a wholesaler of sporting goods equipment for retailers in a local...

Kick and Swing Inc. is a wholesaler of sporting goods equipment for retailers in a local metropolitan area. The company buys sporting goods equipment direct from manufacturers and then resells them to individual retail stores in the regional area. The raw data in Figure 14-20 illustrate some of the information required for the company’s purchase order system. As you can see, this information is characteristic of accounting purchase order systems but is not well organized. In fact, because of the...

7. Citizens in the United States buy televisions from Japan. To do so they use U.S....

7. Citizens in the United States buy televisions from Japan. To do so they use U.S. dollars to purchase Japanese yen. If Japanese citizens hold these U.S. dollars rather than spending them, what happens to Japan’s net exports and Japan’s net capital outflows? A. both net exports and net capital outflow fall in Japan B. both net exports and net capital outflow rise in Japan C. net exports rise in Japan and net capital outflow falls in Japan D. net...

The price of Ervin Corp. stock will be either $90 or $116 at the end of...

The price of Ervin Corp. stock will be either $90 or $116 at the end of the year. Call options are available with one year to expiration. T-bills currently yield 5 percent. a. Suppose the current price of the stock is $99. What is the value of the call option if the exercise price is $85 per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the exercise price is...

Businesses can buy paper from a retailer like Staples or directly from the paper-factory. Suppose retailers...

Businesses can buy paper from a retailer like Staples or directly from the paper-factory. Suppose retailers charge a unit price of PR = $100, while paper factories offer quantity discounts and charge a unit price PF = $120 – q for purchases of up to 60 boxes and PF = $60 on larger purchases. Consider a business that spends $1,100 on paper. a) Where does this business buy paper? How much paper does the business buy? Discuss. b) In a...

A video media consultant collected the following data on popular LCD televisions sold through on-line retailers....

A video media consultant collected the following data on popular LCD televisions sold through on-line retailers. Manufacturer Screen (in inches) Price ($) Sharp 52 1,549.25 Samsung 30 402.00 Samsung 49 1,632.00 Sony 33 480.50 Sharp 34 411.00 Samsung 51 1,488.25 Samsung 50 1,729.00 Sharp 31 432.75 Sharp 48 1,481.25 Sony 33 400.75 Sony 37 513.50 Samsung 33 486.50 Sharp 43 1,078.25 Sharp 32 463.00 Sharp 30 469.25 Samsung 51 1,721.00 Sharp 52 1,746.75 Samsung 33 467.50 Sony 38 636.75 Sony...

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