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 increases as the price of a good falls. ebook & resources Demand
Premium Supply and demand
customers faster than the competition will improve a company’s competitive position. To remain competitive‚ companies must seek new solutions to important Supply Chain Management issues such as modal analysis‚ supply chain management‚ load planning‚ route planning and distribution network design. Companies must face corporate challenges that impact Supply Chain Management such as reengineering globalisation and outsourcing. Why is it so important for companies to get products to their customers quickly
Premium Management
Jamileth Powell Career Interest Review Research Paper February 18‚ 2012. Academic Disciplines & Occupations Abstract This paper will clearly define‚ Academic Disciplines‚ Communications‚ Humanities‚ Natural Sciences‚ Psychology‚ Social science‚ and Technology. The paper will identify and list the areas of interest branches and their sub branches to show their inter-relatedness then go on to identify two occupations related to the area of interest. The paper closes with my reflective
Premium Education Social sciences Psychology
supply and demand Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic. The microeconomic topics would be the demand and supply curve. The demand curve shows how consumers would react to prices. The supply curve shows how landlords would react to price by how much units will sell. The outside company coming in and the price cap would fall under macroeconomic
Premium Supply and demand
1st Semester – 2013/2014 Year Session 1 – Room LE9 – 7:00 P.M. to 9:30 P.M. Introduction & Objectives of Supply Management (September 3‚ 2013) (Class B) Dr. Stephen W. K. Ng (stephenng@ipshk.org) 1 MSc. in IELM – Supply Management (IELM 6046) – 2013‐2014 Copyright @ QuST 2013 Prof. Stephen W. K. Ng – HKU When we wake up in the morning‚ we have two simple choices…... Go back to sleep and dream‚ or wake up and chase
Premium Supply chain management Management Supply chain
An interesting place you enjoyed visiting. There is a very lovely place that I enjoy visiting. I am never tired of visiting it. My place of interest is full of greenery‚ serenity and is a huge‚ beautiful garden of various flowers. It has flowers‚ trees and shrubs of various kinds. This place is the Singapore Botanical Gardens. It is located on the outskirts of the city. The Botanical Garden is a lovely place to take strolls. In the morning‚ people frequent the place to jog‚ walk or do other
Premium Botanical garden Botany Help me
the primary goal of this brief article to differentiate the concepts of self-interest and selfishness: to praise the concept of self-interest as the catalyst of moral action‚ therefore worthy of admiration; and thus to admonish selfishness as the instigator which often leads to immorality and inconsiderate hedonism. Consequently‚ containing these two sentiments from one another in order to redeem the term self-interest and to specify its appropriateness becomes an intellectual
Premium Morality Ethics Philosophy
A) B) Answer C) D) 1. What is the simple interest for a principal of $620 invested at a rate of 7% for 3 years? $173.60 $130.20 $172.60 $129.20 A) B) C) Answer D) E) 2. If you borrow $1100 for 5 years at 14% annual simple interest‚ how much must you repay at the end of the 5 years? $770.00 $2215.13 $2117.96 $77‚000 $1870.00 A)Answer B) C) D) 3. How much interest is earned in 5 years on $2‚900 deposited in an account paying 7.1% interest‚ compounded quarterly? $1‚223.07 $1‚186.44 $266
Premium Compound interest
Power/interest matrix At The Salvation Army we’re preparing for the future by transforming all of our hostels into Lifehouses. A Lifehouse is a place where everything is geared around residents developing purpose and relationships - accommodation just comes with it and isn’t the focus. For instance‚ our partnership with "Goals UK" means self-esteem training will be standard. Also‚ through our Animateur programme which is funded by the Future Jobs Fund‚ we employ young people from the job centre
Premium Stakeholder analysis Organization Strategic management
The Best Interest of the Child Thomas C. Wight General Psychology I‚ Monday and Wednesday 1:00 to 2:15pm 22 January 2013 The Best Interest of the Child A Review of the Literature The divorce rate among Americans has steadily risen in recent years with approximately 50% of marriages ending in divorce‚ or at least that’s what we have been told. The divorce rate in America has actually taken a slight decline in recent years and is approximately 35% to 40%. While that is still a very large
Premium Divorce Family law Convention on the Rights of the Child