Mathematics, 14.10.2021 23:20 vzimokha
Note that a function f(x)is a strictly increasing function if f0(x) > 0. Assume the supply functionand demand function for a certain high-tech product areQS = S(P, T),QD = D(P, Y ),where Y is the income, T is the tax on the product, and P is the price. We don’t specify a particular analytical form of the supply and demand functions, but we assume that the supply functionstrictly increases with price and strictly decreases with tax, and that the demand function strictlydecreases with price and strictly increases with income. Assume an equilibrium state exists in the sense that the supply and demand are balanced:S(P, T) − D(P, Y ) = 0.(1) Will the price (P) increases with an increase in income (Y )? Show your working steps tosupport your answer.(2) Will the price (P) increases with an increase in tax (T)? Show your working steps to supportyour answer
Answers: 1
Mathematics, 21.06.2019 15:30
The coordinates of a, b, and c in the diagram are a(p,4), b(6,1), and c(9,q). which equation correctly relates p and q? hint: since is perpendicular to , the slope of × the slope of = -1. a. p - q = 7 b. q - p = 7 c. -q - p = 7 d. p + q = 7
Answers: 3
Mathematics, 21.06.2019 20:00
Select the number of ways in which a line and a circle can intersect
Answers: 3
Mathematics, 21.06.2019 23:00
The angles in a triangle are represented by 5x, 8x, and 2x+9. what is the value of ? a.10.8 b.11.4 c.9.7 d.7.2
Answers: 2
Note that a function f(x)is a strictly increasing function if f0(x) > 0. Assume the supply functi...
History, 01.08.2019 06:30
Geography, 01.08.2019 06:30
History, 01.08.2019 06:30
History, 01.08.2019 06:30
History, 01.08.2019 06:30
History, 01.08.2019 06:30
Social Studies, 01.08.2019 06:30
History, 01.08.2019 06:30
Biology, 01.08.2019 06:30
History, 01.08.2019 06:30