--%>
Assignment Help - homework help

Determine equilibrium prices market equilibrium

The new supply and demand curves within University City were S0 and D0, before the county commission imposed a $3 per six-pack excise tax upon beer. The new equilibrium quantities of six-packs sold per month and equilibrium prices, respectively, were: (w) 4,000 six-packs at $5 each. (x) 10,000 six-packs at $3.50 each. (y) 10,000 six-packs at $7 each. (z) 16,000 six-packs at $5 each.

1418_example of Market Equilibrium.png

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Business Economics

  • Q : Expansion of preschool programs for

    Use the circular flow model to confirm this assertion for an expansion of preschool programs for disadvantaged children?

    		•
  • Q : Introduction of the term capital

    Give brief introduction of the term capital structure? And also write down its principles?

    		•
  • Q : Explain about the arbitrage except

    Not like speculation, there arbitrage is: (w) an activity which is generally more lucrative when conditions are favorable. (x) a profitable and relatively riskless activity. (y) the process of representing a domestic company within fo

    		•
  • Q : Attributed statement of the utilitarian

    “The best of all probable worlds is one in that we adopt policies which maximize the happiness of the lots number of people” is a statement of the utilitarian philosophy attributed to: (w) Alfred Korzybski. (x) Hugo Grotius. (y) Xenophon.

    		•
  • Q : Marketing in action Which of the

    Which of the following are examples of public goods?

    		•
  • Q : Describe High operating leverage

    Briefly describe High operating leverage?

    		•
  • Q : Define the terms Plant Define the

    Define the following terms?

    		•
  • Q : Case study plz find the attachment and

    plz find the attachment and dont compromise on quality,, no similarity n need to be done according to requierment...

    		•
  • Q : Effects of that depreciation or

    Would a decline in U.S. consumer income or a weakening of U.S. preferences for foreign products cause the dollar to depreciate or appreciate?  Other things equal, what would be the effects of that depreciation or appreciation on U.S. exports and imports?

    		•
  • Q : Public policies for low-income Fuel

    Fuel stamp programs which subsidize heating oil purchases through low-income households encourage those families to: (w) create more income by working. (x) particularly conserve on their use of fuel. (y) live along with less purchasing power. (z) subs

    		•