In a particular geographical area, the demand function for each personifor a particular goodisqdi= 100 + 0.2Ii−9Pwhereqdiis quantity demanded for personi, Iiis personi’s income, andPis the commodity’sprice. (Note thatPis constant across individuals, since all individuals face the same price. Therefore noisubscript is needed.) For the firms in this area the supply function for thisgood isqsj=−50 + 20Pwhereqsjis the quantity supplied of the good by firmj. (Note that a different subscript isneeded. Why?) There are 5 firms and 100 consumers. Total income of the consumers is$100,000. Equilibrium occurs wher

Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.