Suppose that the demand function for aluminum is q = 40 - 0.2p where p is the price paid by consumers in dollars per pound and q is the quantity demanded measured in pounds. the supply curve for aluminum is estimated to be: q = 0.2p such that η= 1a) the pre-tax equilibrium price is: (rounded to two decimal places)b) the pre-tax equilibrium quantity is: (rounded to two decimal places)c) if a $40 tax per pound is placed on aluminum, the price paid by consumers would be: (rounded to two decimal places)

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?

If airlines do not change their prices how else might they try to compete with each other?