Question 1 Given a demand curve of P = 105 - 1.25Q and a supply curve of P = 5 + 1.25Q, v a subsidy of 10, solve for the resulting quantity. A/

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Please see attachment and solve all questions neatly with proper explanation.

Question 1
Given a demand curve of P = 105 - 1.25Q and a supply curve of P = 5 + 1.25Q, v
a subsidy of 10, solve for the resulting quantity.
A
Question 2
Given a demand curve of P = 23 - Q and a supply curve of P = 9, with a subsidy o
solve for the resulting net prices for consumers, pd (Answer 1), and producers,
ps (Answer 2), respectively.
Blank # 1
Blank # 2
Z
N
P
Question 3 (0
Given a demand curve of P = 72 -0.25Q and a supply curve of P = 9+ 1.5Q, with
subsidy of 28, solve for the cost to the government of implementing the subsidy.
Transcribed Image Text:Question 1 Given a demand curve of P = 105 - 1.25Q and a supply curve of P = 5 + 1.25Q, v a subsidy of 10, solve for the resulting quantity. A Question 2 Given a demand curve of P = 23 - Q and a supply curve of P = 9, with a subsidy o solve for the resulting net prices for consumers, pd (Answer 1), and producers, ps (Answer 2), respectively. Blank # 1 Blank # 2 Z N P Question 3 (0 Given a demand curve of P = 72 -0.25Q and a supply curve of P = 9+ 1.5Q, with subsidy of 28, solve for the cost to the government of implementing the subsidy.
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