4. We are given the following supply and demand equations: Qd=50-2P Q = 20+3P a. What will be the quantity demanded at a price of $20? Please show your work. (1 point) b. What will be the quantity supplied at a price of $20? Please show your work. (1 point) c. At a price of $20, is there a surplus or a shortage and how many units is the surplus/shortage? (1 point) d. Solve for the equilibrium price and quantity in this market. Please show your work. (2 points)

X1= 29000 X2=5 I need a step by step answer please :)

Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering.    DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 The owner found out that: P(Low demand) = 1/3; P(Med demand) = 1/2; P(High demand) = 1/6. Which of the following decision is NOT true? A)The best decision is to order 3 lots for a payoff of $29,500. The probabilities gave me enough information to perform a Laplace approach. B)The best decision is to order 3 lots for a payoff of $29,500. The probabilities gave me enough information to perform the EMV approach. C)The EVPI is $2,000. D)The EVwPI is $31,500.

Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering.    DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 The owner wants to use the Hurwicz method and gave the manager a Hurwica alpha (α) of 0.6. How many lots should the manager order?

Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering.    DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 ​If the owner of Birka Styles & Co is a pessimist, how many lots should the manager order?

X1=29000 X2=5 I need a step by step answer please (not on excel please)

A package holiday company is about to block book hotel rooms for the coming season. The number of holidays actually booked is equally likely to be any number between 0 and 99 (for simplicity rather than reality). Each room booked costs the company $250 and they can sell them for $350. a) How many rooms should the company book if unsold rooms have no value? b) How many rooms should it book if unsold rooms can be sold as last-minute bookings for $100 each?

An airline company offers four fairs as shown in the table below. The demand distribution for each fare is normal with mean and standard deviation as given in the table. Find an estimate of the protection levels for the classes using the heuristic EMSR-a.   Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

3. irene sells fashion bags online. she gets each bag for P150.00 from a loca supplier. she then adds P100.00 as mark-up for each bag. how much is the selling price of each =bag? A. P200 b. P250 c. P300 d.P350

ABC Company purchased its inventory at a lump price of P20,000. Relative sales value for each type of inventory was: Inventory XX, P10,000 Inventory YY, P4,000 Inventory ZZ, P10,000 How much would be the cost assigned to inventory XX, YY an ZZ respectively? 10,000. 4,000 and 10,000 respectively 10,000, 4,000 and 8,333 respectively 8,333, 3,333 and 8333 respectively 6667, 6667 and 6667 respectively