1. award: 1.50 out of 2.50 points The demand curve for product X is given by QXd = 500 - 5PX. a. Find the inverse demand curve. PX = 100 - 0.2 QXd Instructions: Round your answer to the nearest penny (2 decimal places). b. How much consumer surplus do consumers receive when Px = $45? $91.00 c. How much consumer surplus do consumers receive when Px = $25? $95.00 d. In general‚ what happens to the level of consumer surplus as the price of a good falls? The level of consumer surplus
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Childhood Trauma‚ Development and Treatment When considering family systems‚ one needs to look at the broad frame of a family’s dynamics while simultaneously analyzing how each member of the family plays integral part in the family dynamic. Family’s‚ especially in the progressed world we live in‚ can be comprised of a variety of make up. When one thinks of family‚ one could typically define one’s family by the people the person was surrounded with as a child that influenced the child in their
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The War of Childhood Progression of adolescence is represented in a variety of different ways in Marjane Satrapi’s graphic novel‚ Persepolis. In Satrapi’s chosen medium through which she chose to portray her autobiographical novel‚ she demonstrates the loss of childhood innocence and the subsequent progression into adulthood. The medium in which Satrapi chooses to tell her story reveals the nature of her childhood. Adolescence is a balance between adult responsibilities and the carefree nature
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Macroeconomics‚ (Hubbard/O’Brien) Chapter 24 Aggregate Demand and Aggregate Supply Analysis 1) The static aggregate demand and aggregate supply curve model helps explain A) short term fluctuations in real GDP and the price level. B) long term growth. C) price fluctuations in an individual market. D) output fluctuations in an individual market. 2) The aggregate demand curve shows the relationship between the ________ and ________. A) inflation rate;
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Facing the Facebook “Response” I’ve realized technology is very helpful now days but in the classrooms it’s more distracting than anything else. As Michael J. Bugeja stated in “Facing the Facebook”‚ Academics assessing learning outcomes often discover that technology is as much a distraction in the classroom as a tool. I catch myself checking my phone in class every now and then but when I do I miss out on what the instructor is teaching. Technology is a great tool for us to learn and gather information
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Assignment 2 Problem 3.1: QD = 317‚500 – 10‚000P (Demand) QS = 2‚500 + 7‚500P (Supply) Where Q is quantity measured in pounds of scrap aluminum and P is price in cents. Complete the following Price (1) | Quantity supply (2) | Quantity Demand (3) | Surplus (+) or shortage (-)(4) = (2) – (3) | 15¢ | 115‚000 | 167‚500 | -52‚500 (shortage) | 16 | 122‚500 | 157‚500 | -35‚000 (shortage) | 17 | 130‚000 | 147‚500 | -17‚500 (shortage) | 18 | 137‚500 | 137‚500 | 0 (Equilibrium) | 19
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young children learn through mathematics. The five area I will cover are number‚ algebra‚ geometry measurement and statistics. Children will learn maths over time‚ it’s not a sudden development they will understand and use. With time and a base to build they will soon learn and be confident learners in school (Perkins‚ 2003). When we teachers speak to infants‚ we may use numbers when we speak or sing to them. Such as five little ducks‚ has the numbers 1-5 throughout the song. The children may not
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curriculum for children from birth to 5years. All child care providers must use the early year’s foundation stage to ensure a consistent and flexible approach to children’s care‚ learning and development in order for the child to meet the five every child matters outcomes. The welfare requirement is enforced by Regulations made under Section 39‚ (1) (b) of the Childcare Act 2006. There are six area covered by the early learning goals and educational programmes. Which are:- -Personal‚ Social and Emotional
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January 26‚ 2012 The Pain in Learning “Why are you even bothering? You’re too stupid to read that‚ let alone understand it.” This phrase‚ and many like it‚ was all I heard from my biological father as I was growing up. I was one of the many unlucky children that grew up with an abusive parent. My biological father hit me‚ belittled me and much‚ much more. Yes‚ I am angry at him‚ but in a cruel round-a-bout way‚ my father helped me become the intelligent woman I am today. When I was a child‚ I loved
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Supply & Demand Eco/365 December 17‚ 2012 Various factors‚ including fluctuations such as increases or decreases in prices‚ can cause a change in supply and demand as well. This paper will attempt to discuss different economic principles and factors and how they are affected by change. In the current situation‚ GoodLife Management manages seven rental properties in the city of Atlantis‚ and over the course of 7 years has to be flexible with its pricing due to
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