8. Let (inverse) demand be Pb = 85 and (inverse) supply be Pv = 6 + 16 Qv. How much are buyers willing to purchase at price above $ 85 per unit? Answer: your answer Submit Price ($) $1400 $1200 $1000 $800 $ 600 $400 $200 $0 -O 0 10 20 Demand 30 40 Supply 50 Eqm cooooooooooo....... 60 70 80 B000 90

8. Let (inverse) demand be Pb = 85 and (inverse) supply be Pv = 6 + 16 Qv. How much are buyers willing to purchase at price above $ 85 per unit? Answer: your answer Submit Price ($) $1400 $1200 $1000 $800 $ 600 $400 $200 $0 -O 0 10 20 Demand 30 40 Supply 50 Eqm cooooooooooo....... 60 70 80 B000 90

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

8.
Let (inverse) demand be Pb = 85 and (inverse) supply be Pv = 6 + 16 Qv. How much are buyers
willing to purchase at price above $ 85 per unit?
Answer: your answer
Submit
Price ($)
$ 1400
$ 1200
$ 1000
$800
$ 600
$400
$200
$0
-O
10
20
Demand
30
40
Supply
50
Quantity
Eqm
60
70
80
90

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Hi there just wanting answer to question 2 C. Using the infromation provided from the first picture Cheers
2. P Price ($) $ 120 $100 $80 $60 Let (inverse) demand be Pb = 108 - 7 Qb and (inverse) supply be Pv = 18 + 3 Qv. What quantity will be exchanged in the market if it is competitive? Answer: your answer Submit $40 $20 0 $0 0 5 2 4 Demand 10 6 Quantity Supply 15 8 Quantity 10 Eqm 20 12 14 25 16
9. Let (inverse) demand be Pb = 84 - 1 Qb and (inverse) supply be Pv = 20 + 2 Qv. What quantity will buyers purchase if the market is competitive? Answer: your answer Submit Price ($) $200 $ 180 $ 160 $140 $120 $100 $80 $ 60 $40 $20 $0 0 10 20 Demand 30 40 Supply 50 Eqm 60 70 80 90
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amaldong no Nowboy 2) Suppose that a furniture manufacturer is willing to supply x tablets at a tounding P = S(x) = 2x² - 30x + 300 dollars each, and has found that consumers are willing to purchase x tablets at a price of p = D(x) = -10x +1050 dollars each. Put units on all of your solutions. a.) Sketch the graphs of the supply and demand functions on the same axis. Label your y intercepts, the units on the axis, and your functions clearly. Find Equilibrium price and quantity and label it on your graph. LONGAT pub Gen Equilibrium Price = Equilibrium Quantity = b.) Shade in the region that represents Producers' Surplus at equilibrium Write the expression (with the definite integral) that represents the amount of producers' surplus and find it 8.01 NOHA c) Write the expression (with the definite integral) that represents the Consumers' surplus and find it.
Please give proper authentic answer to every part step by step and take a like