Consider this following description of a closed economy: C = 150 +0.75 (Y-T) 1 = 90 - 30r M/P = Y - 100r G = 220 T = 80 M = 2700 P = 3 Solve for the equilibrium interest rate r*.

Q: Find the consumer's surplus if the demand for an item is given by D(x) = 72- x, assuming supply and…

A: solve the following

Q: QUESTION 3 If the demand equation is D(x) = 96 - 1.98x and the supply equation is S(x) = 0.65x+10,…

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Q: The supply function for a product is 2p-q-10=0, while the demand function for the same product is…

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Q: After extensive surveys, the research department of a company has determined that the supply and…

A: The supply equation is ,s(p)=500p-19500The demand equation is,d(p)=20000p

Q: fter extensive surveys, the research department of a company has determined that the supply and…

A: The equilibrium occurs where the quantity demanded is equal to the quantity supplied. The given…

Q: (x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and…

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Q: D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item,…

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Q: The demand for pineapples takes the following form: Q=10-3p. What is the own-price elasticity of…

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Q: Q3) The component of national economy is as follows: Y= 5000 C= 1800 T= 1400 C= 500+(1/2)(Y-T) |=…

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Q: Please answer in complete solutions: Find the equilibrium price p and the equilibrium quantity x…

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