taraiahwilliams2052
06.03.2020 •
Business
The demand equation for blue jeans in the U.S. is QD = 500 - 7P, and the supply equation for blue jeans is QS = 20 + 3P, where P is the price per pair of blue jeans and QD and QS are in 1,000’s of blue jeans.
(A) How many blue jeans are purchased and at what price do they sell for in the U.S.?
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Ответ:
Equilibrium Price = 48
Equilibrium Quantity = 164
Explanation:
Market equilibrium at : Market Quantity Demand = Market Quantity Supplied
QD = QS
500 - 7P = 20 + 3P
500 - 20 = 3P + 7P
480 = 10 P
P = 480 / 10
Equilibrium Price = 48
Equilibrium Quantity : Quantity Demanded = Quantity Supplied
Putting value of equilibrium price in QD & QS (equalised), we get :
500 - 7(48) = 20 + 3 (48)
Equilibrium Quantity = 164
Ответ:
5.04%
Explanation:
The stated dividend of sixth fourth bank is $6.30
It is sold at $125 per share
Therefore the bank's cost of preferred stock can be calculated as follows
= 6.30/125
= 0.0504 × 100
= 5.04%