Purchase Solution

market equilibrium

Not what you're looking for?

Ask Custom Question

Qs = Qd
P= 3+.000083333Qs P=7-.00005Qd
set these equal to each other

I

Purchase this Solution
Solution Summary

Help is given with market equilibrium.

Purchase this Solution
Free BrainMass Quizzes
Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

View More Free Quizzes
Related BrainMass Solutions

  • Market equilibrium is real

    Market Equilibrium. Accessed on September 13, 2011 from http://www.economicsjunkie.com/praxeology/economics/economics-of-voluntary-action/the-market/market-equilibrium/. Estrada Mario Arturo Ruiz (2009). Market equilibrium vs. Market Imbalance.

  • Defining market equilibrium

    What is market equilibrium? Does the market always reach equilibrium?

  • Market Equilibrium and Bonds

    573106 Market Equilibrium and Bonds What is meant by the term "market equilibrium", and why is this important within the study of supply and demand for the Bond Market?

  • equilibrium demand price level

    Based on this information: a) What is the equilibrium price level if this market is competitve? b) What is equilibrium quantity level if this market is competitive? c) What is equilibrium price level if this market is monopolized?

  • Monopoly effect on consumer/producer surplus

    this monopolized market, compared with the equilibrium in competitive market.

  • Demand and Supply Schedule

    What is the equilibrium price and quantity in this market? B. If the actual price in this market were above the equilibrium price, what would drive the market toward the equilibrium? C.

  • market economy and market surplus

    What does this say about the equilibrium salary (price) for nurses? What other evidence could a manager look for to infer whether a market is in equilibrium? What are possible causes of the shortage? 1).

  • Market Demand and Market Equilibrium Price

    248630 Market Demand and Market Equilibrium Price Compute the market demand and determine the market equilibrium price and market equilibrium demand. 1. Use the following demand data to compute the market demand when the price is $45.

  • Finding optimum price and output levels

    i.What is the market supply equation? ii.What is the market equilibrium price ? iii.What is the market equilibrium quantity? iv.What is the profit maximizing output (PMO) level? v.What is the average profit and total profit at this PMO level?

  • Why is equilibrium a desirable condition of the market?

    172445 Why is equilibrium a desirable condition of the market? Why is equilibrium a desirable condition of the market? What factors move the market away from equilibrium?

View More Related Solutions