Suppose that demand can be represented by \( P=115-3 Q \) and supply can be represented by \( P=6 \) \( +3 \) Q. Suppose that the market quantity is 6 , what is the deadweight loss?

Answers

Answer 1

Deadweight loss (DWL) is a market inefficiency that happens when the number of goods or services requested by customers is not balanced with the number of goods or services being supplied by suppliers.

The market equilibrium price and quantity are determined by the intersection of the demand and supply curves. Therefore, we can get the equilibrium price as:P = 115 - 3Q P = 6 + 3Q115 - 3Q = 6 + 3Q108 = 6QQ = 18. Thus, the equilibrium price (P*) is:[tex]P* = 115 - 3Q*= 115 - 3(18)= 61[/tex]. Therefore, the quantity demanded and supplied at equilibrium are both 18. So there is no DWL. However, since the market quantity is 6 (not 18), there is a shortage of 12, which is the difference between the equilibrium quantity and the actual quantity demanded (6).Qs[tex]= 6 + 3Qs = 6 + 3(6)[/tex]; Qs = 24

Therefore, to fill the shortage of 12, the price will increase to [tex]P = 115 - 3Q[/tex][tex]P = 115 - 3(6) - 3(12)[/tex]; P = 55The quantity supplied (24) is more than the quantity demanded (6), so there is no excess demand. Hence, there is no Deadweight loss. Answer: 0.

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Related Questions

HEY CAN ANYONE PLS HELP ME!!!!!!

Answers

Answer: People love E.A.Poe's books because his books were not how the traddtional writer wrote, he was original.

The stories and poems scribbled by the half-mad Romantic have shaped our national obsession with tales of chaos and darkness. Says Kirsten Mollegaard, an English professor at the University of Hawaii at Hilo who has examined Poe’s fame: “No other American writer has had as enduring and pervasive an influence on popular culture."

let me know if this helps

Why does the author call this the million dollar question

Answers

Answer:

It's used when a speaker wants to signal that this particular question is the one that needs an answer to resolve a make-or-break situation. It's often used as part of a rhetorical question. i.e. there's no real answer to the question posed.

Plz help! Is this right? Question is below!

Answers

C I also hope it’s correct:)))

Help me, please!
Part A: Why was it important for the author to describe the zoning board meeting?

A.The experience at the zoning board meeting demonstrates that Samara was capable of overcoming opposition.
B.The scene at the zoning board meeting shows that Samara had become an expert at working with the government.
C.The zoning board's questions and doubts spurred Samara to improve her plan for the park.
D.The zoning board's approval was needed before the park could be built, and there was suspense about the board's decision.
Part B

Part B: Which sentence from the story best supports the answer in Part A?

A."After about 15 minutes, Samara was informed that the community park had been approved."
B."Wanda told her that this kind of decision might take weeks, so Samara was surprised when the board members asked her to stay while they deliberated."
C."Samara had been telling her neighbors and friends about the park from the moment she thought of it, and it seemed as though everyone wanted to be a part of making her vision a reality."
D."Samara thought she at least sounded confident as she presented her idea to the board."

Answers

Answer:

Part A. (D)

The zoning board's approval was needed before the park could be built, and there was suspense about the board's decision.

Part B. (B)

"Wanda told her that this kind of decision might take weeks, so Samara was surprised when the board members asked her to stay while they deliberated."

This is for anyone new. :)

It is significant for the author to describe the zoning board meeting because The zoning board's permission was required before the park could be created, and the board's decision was awaited with bated breath. Thus, option (D) is correct.The sentence that supports the option of part (A) is, "Wanda told her that this kind of decision might take weeks, so Samara was surprised when the board members asked her to stay while they deliberated." Thus, option (B) is correct.

What is zoning board meeting?

Zoning board meeting refers to the meeting in which appeal is heard and decision is taken and grants deviations from the strict application of zoning, off-street parking, landscaping, roadways, stormwater, and fence rules.

The author's description of the zoning board meeting is essential since clearance from the zoning board was necessary before the park could be built, and the board's decision was eagerly awaited.

"Wanda informed her that this type of decision could take weeks, so Samara was shocked when the board members invited her to stay while they discussed," says the phrase.

Thus option (D) and (B) are correct for part (A) and (B) respectively.

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Why was Greg kind of nervous about going to Gammie's house?
In diary of a wimpy kid u
The ugly truth

Answers

Answer:

Greg is humiliated and bored at the wedding for many reasons. Mostly, Greg thought he was a groomsman at the wedding party and would have a good time when Susan had explained to Gammie that they are picking up Greg's tuxedo. After the wedding, Greg receives "The Talk" from Gammie, which he has been nervous about.

Explanation:

The Greg kind of nervous about going to Gammie's house is :

- He is humiliated and bored.

In diary of a wimpy kid

Greg is humiliated and bored at the wedding for numerous reasons.

Generally, Greg thought he was a groomsman at the wedding party and would have a great time when Susan had clarified to Gammie that they are picking up Greg's tuxedo.

After the wedding, Greg gets "The Conversation" from Gammie, which he has been nervous.

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Read the excerpt from "Yearbook.”

Well, that’s definitely a relief. I’m not exactly sure how this all works yet,” Fatima said, a small smile forming on her face.

"Listen, let’s find Mr. Macklenburger and we’ll figure out an interesting role for you. Maybe you can help me interview the drama club tomorrow—just take pictures and I’ll do all the talking. But only if you want, absolutely no pressure,” said Martina.



Based on the interaction between Fatima and Martina, what can the reader conclude about Martina?

She wishes she were in charge of the yearbook staff instead of the advisor.
She tries to manipulate new yearbook club members into doing her work.
She is welcoming and friendly toward new yearbook club members.
She values having fun over completing certain yearbook club tasks.

Answers

Martina is welcoming and friendly toward new yearbook club members.

Martina is very friendly and helpful to Fatima, who is a new yearbook club member.

Based on the interaction between Fatima and Martina, the reader can conclude about Martina that "She is welcoming and friendly toward new yearbook club members"

Martina is trying to find an interesting role for the new yearbook club member, Fatima. She wants to meet Mr. Macklenburger and figure out which role is best for Fatima.

It can be concluded that Martina as an old book club member is doing her best to bring in new members to the club by fixing an interesting role for new members but not putting them under pressure. She only gives them the role if the new members wants it.

Therefore, based on the interaction between Fatima and Martina, the reader can conclude about Martina that "She is welcoming and friendly toward new yearbook club members"

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BRAINLIEST BRAINLIEST

so basically I chose an article about RBG and I don’t understand number 4 can you please answer it

Answers

Answer: The moral means the lesson of the story what was learned

Explanation:

Read the writing prompt and answer the questions that follow.
Write a personal narrative essay that describes a significant experience that has shaped your identity. Develop the narrative through pacing, dialogue, and details that engage the reader.
What format or type of writing are you to create?

Who is your audience?

What topic are you to write about?

What is the purpose for writing?

Answers

Answer:

What format or type of writing are you to create? Narrative essay

Who is your audience? The teacher

What topic are you to write about? My experience and identify

What is the purpose for writing? to narrate and entertain

Explanation:

Which are appropriate for a writer to include in a conclusion? Check all that apply. 1.A compelling quotation 2.A thought-provoking question 3.An idea that supports the thesis 4.A speculation about future research 5.An explanation of information from sources

Answers

Answer:

1. A compelling quotation.

2. A thought-provoking question.

4. A speculation about future research.

Explanation:

In Literature, conclusion can be defined as the last paragraph of an essay, article or write-up and it typically summarizes the main ideas, points or thoughts about the topic. Simply stated, a conclusion brings a write-up to a satisfying and logical end because it wraps up the main idea.

As a rule, the conclusion should not contain any new information that requires a further explanation by the author.

The following are appropriate for a writer to include in a conclusion;

1. A compelling quotation.

2. A thought-provoking question.

4. A speculation about future research.

The aforementioned characteristics of a conclusion would help to drive the author's main point home and significantly ensure that the reader have a better understanding of the subject matter or topic.

Answer:

1,2,4

Explanation:

took the quiz!!

what is Factory Part or Worker of Cell membrane

Answers

The part of the cell known as the Factory Part or Worker is the cytoplasm, which is located just beyond the cell membrane.

We can arrive at this answer because:

The cytoplasm is where most cellular activities take place.The cytoplasm is composed of water, salts, proteins, and organelles, which are responsible for all cellular work.

While the cell membrane has the function of protecting and limiting the outflow and entry of substances into the cell and while the nucleus has the function of protecting the genetic material, the cytoplasm has the function of digestion, breakdown of molecules, respiration, protein production, protein transport, among others.

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ANSWER ASAP
Read the passage from “The Caged Bird.”

But a caged bird stands on the grave of dreams
his shadow shouts on a nightmare scream
his wings are clipped and his feet are tied
so he opens his throat to sing.

Which word from the passage gives the best indication of the speaker’s tone?

A. dreams
B. scream
C. wings
D. sing

Answers

Answer:

think it is B. screams

Explanation:

Answer: B

Explanation: Trust me bro

40 points!!!
I need the diffeniton of.
Aurgument-
Insidious-
Intimate-
Recede-
Reiterate-

PLSSS DONT GOOGLE IT
THANK YOU

Answers

Answer:

Why...

Explanation:

Can you check your dictionary

Argument is when two or more people are in a disagreement.
Insidious is when you are being subtle and not noticeable.
Intimate is when two people are in love with each other or sometimes just like each other.
Recede is when something or someone backs away or moves backward.
Reiterate means to say it a different way or say it again for clarification.

readinggggg helppppp

Answers

Answer:

B. Cool

Explanation:

Answer:

The answer is B) cool

Explanation:

If their bill lets out all of the extra heat, that means their bill keeps their bodies cooled.

What is the main idea of this story? I will give a lot more points, and mark the person who Answers correctly the Brainliest.




Many of the students submit ideas for the school beautification project.



Mr. Ramirez writes down all of the students' ideas for the mural project.



Marianna's idea won the mural contest even though she feared submitting it.



Josh thinks he is the best thing on campus and should be the focus of the mural.

Answers

Answer:

The Main Idea would be "lots of students are willing to submit ideas for the school's beautification project, Mariannas was scared to submit her idea but josh was not scared"

Explanation:

hope this is good

Which prediction does this passage best support?
O The animals will learn that Major has purposefully
lied to them.
The animals on the farm will die as a result of
human actions.
Man and some animals will ultimately share similar
goals.
Most of the animals will refuse to pass on Major's
teachings.

Answers

The prediction that this passage tries so best to pass is that Most of the animals will refuse to pass on Major's teachings.

The animal farm.

This is an excerpt from the book that is called the animal farm. This book was written by George Orwell.

It is a book about farm animals were animals came to be rebellion against their farm owners.

The books is also about a free and equal society and how people that are in power can turn on the people.

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Answer:

A

Explanation:

What does the phrase o well mean

Answers

Answer:

An expression of mild disappointment or resignation; too bad, it's a pity.

50 points and brainliest

describe a particular incident in The Adventures of Huckleberry Finn that you really liked and explain why.

Answers

Answer:

Jim and Huck find a number of valuables among the robbers’ bounty from the Walter Scott, mostly books, clothes, and cigars. As they relax in the woods and wait for nightfall before traveling again, Huck reads books from the wreck, and the two discuss what Huck calls their “adventures.” Jim says he doesn’t enjoy adventures, as they could easily end in his death or capture. Huck astonishes Jim with stories of kings, first reading from books and then adding some of his own, made-up stories. Jim had only heard of King Solomon, whom he considers a fool for wanting to chop a baby in half. Huck cannot convince Jim otherwise. Huck tells Jim about the dauphin (whom Huck mistakenly calls the “dolphin”), the son of the executed King Louis XVI of France. The dauphin currently is rumored to be wandering America. Jim refuses to believe that the French do not speak English, as Huck explains. Huck tries to argue the point with Jim but gives up in defeat.

Answer: Huck tries to refuse being civilized by Miss Watson, the woman looking after him... was that a part of the book?

Quote from the book “Human beings can be awful cruel to one another.”

(chapter 32)

This is a good book I would seriously recommend it;)

Explanation:there you go

I COULD USE SOME HELP

Answers

I think the answer is B

Hey guys what’s up
I am having a little problem on this essay
Plzzzzz help me

Essay on a

good team captain for a day

Answers

Well since it’s about a good team captain for a day.. write something catchy
Like use Persuasive techniques that convinces the reader taht you really are a good team captain for a day and more descriptive techniques etc

I need someone to help me write a summary for the poem “Abuelito Who”. Please this is urgent and thank you

Answers

abuelto iEwhxplanationo:

Answer:

the imagine doesnt want to lead im sorry sir

Explanation:

Which of these descriptions indicate that the writer's purpose is to inform readers?
A.
a journal article reporting five new scientific discoveries made about space in the last ten years
B.
a drama by William Shakespeare about two star-crossed lovers who are stopped from being together by their families
C.
a short story about time travel and aliens living in a distant galaxy who are more intelligent than humans
D.
an article written in the newspaper arguing that the president’s foreign policy is harming US interests

Answers

Answer:

A

Explanation:

.......................

Answer:

a

Explanation:

Refer to the Newsela article "How You Can Make a Solar Oven To Cook with a Pizza Box."
What is the author's purpose in including a recipe for s'mores?
to convince readers of healthier eating habits
to persuade readers to try their ovens
to explain how to eat s'mores
to describe the ingredients for a s'more please help!!!

Answers

Answer: i took the k12 test the line in yellow is the correct one  :)  have a nice day hope this helped

Explanation:

Due: Monday, September 21, 2020 at 11:59 pm
Su
E
What might the characters say to one another after the shooting of Eckels? Using Bradbury's style of
dialogue as a model, write one half page of dialogue to show how the characters react to the main incident in
the story and its consequences.
Character Names: Eckels (main character)
otebo...
Travis (safari guide)
Lesperance (safari guide's assistant)
Billings and Kramer (two other hunters)
Man behind the desk at the time travel agency
SOMEONE PLEASE MAKE ME A STORY QUICK!!!! 30POINTS

Answers

Answer:

Eckles hit the ground, an immense surplus of hope... no no NO! it cant be! it shan't be! by thy mercy! what has thy done! no NO! the monstroserous inertia of gravity hit Travis... not only was Eckles dead, his mother had been notorious for obstructing others paths when taking the exams. but of course... his wife was here... single... ;). Travis decided to call it a day, heading to the bar, not a worry in sight, with a cigar in one hand and a beer in the other, he decided to binge watch friends in memory of Eckles. a month later Eckles body was found in the canal, washed up by old man Hitachi's farm, Travis was called immediately to the sheriffs office, crying with emotion... or so they thought. a week later at the funeral Travis proposes to Eckles wife and she of course says yes, years later they have 3 kids, are the owners of "Travis and the outlaws" a carpet cleaning store, and of course have forgotten about Eckles, sweet, sweet defiant Eckles. the end.

Explanation:

hope this helps I just did this hw!

Witch of the following is NOT true about a good summary

Answers

Answer: I can tell what a good summary is even though I do not know the answer choices. A good summary includes Tranistional words like: Next, First and Then. Also, use texual evidence in a summary.

WILL GIVE BRAINLIEST! Write a paragraph on “How are soilders heroes?”

Answers

Hope this helps!!!!!!!

Not every soldier is a hero, and not every war is just. Others say referring to soldiers as heroes is done out of respect and gratitude for their personal sacrifice, not matter how big or small. They are risking their lives to keep us safe, and acknowledging their sacrifice is the least we can do.

Answer:

        Why are soldiers heroes? In my opinion, soldiers are heroes for many different reasons. One might say that soldiers are called heroes just out of respect and gratitude given the personal sacrifice they had to give in order to fight for their beloved country. It doesn't matter how big or small the sacrifice is, they are still putting their lives on the line for us. Just acknowledging their sacrifice, big or small, and calling them "heroes" is the least we can do.

Explanation:

Why do you think Whitman chose to include only people who worked with their hands in his
poem "I Hear America Singing"?

Answers

Answer: To show how they were actually contributing to the building of America.

Explanation:

Whitman chose to include only those people who worked with their hands in his poem "I Hear America Singing" to show how they were actually contributing to the building of America.

What is "I Hear America Singing"?

A poem written by the American poet Walt Whitman. It was first published in 1860, in the book "Leaves of Grass". This poem presents a vision of America as a harmonious community.

This poem was written on the eve of the Civil War.

Thus, Whitman chose to include only people who worked with their hands in his poem "I Hear America Singing" to show how they were actually contributing to the building of America.

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Which sentence contains a pronoun with an unclear, missing, or confusing antecedent?

Aunt Ellie and I love quilting, but she prefers to use a machine instead of a needle

I tried to interest newspaper in the issue, but they weren’t interested

When you and your friends hear this African music, you’ll love it

Maurice and Ellie said they were looking for a new apartment

Answers

Answer: I tried to interest newspaper in the issue, but they weren't interested

Explanation: I took the test

Jennifer, my new teacher's cousin, told us we needed to go to the office to get a stack of paper. Which part of the sentence is the appositive? *

Jennifer
to the office
my new teacher's cousin
stack of paper

Answers

Answer:

My new teacher's cousin

Explanation:

An appositive noun is a noun that renames a noun right beside it. In this instance, my new teacher's cousin is renaming "Jennifer".

Complete the following analogy. Janitor : broom ::

Answers

Answer:

janitor:broom :teacher:school

Explanation:

janitor : broom :: teacher : school

What is the central idea of each section of the text?

Answers

Answer: The Central Idea of an informative passage is

what a passage is all about--stated in a broad

Explanation: Can you please zoom in I can't see the book or section in the text?

Other Questions
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The use of these expressions by people living in different areas across the United States demonstrates that culture is a. inherited b. dynamic c. learned. d. insifferificant. point S is located at -1 on the number. point T is located at 6 on the number line What is the distance between point s and point t on the number lines? What is a safe way to unload a muzzleloader?Fire it into the air.Fire it into a backstop.Fire it into the water.Fire it into a rock. 1 2/9 x 1 4/5 please quick I have 5 minutes Consider the following information:State of EconomyProbability of State of EconomyRate of Return if State OccursStock AStock BStock CBoom0.150.310.410.21Good0.600.160.120.10Poor0.20-0.03-0.06-0.04Bust0.05-0.11-0.16-0.08a.) Your portfolio is invested 30 percent each in A and C, and 40 percent in B. What is the expected return of the portfolio? (Round your answer to 2 decimal places. e.g., 32.16)Expected return: _______________b.-1) What is the variance of this portfolio? 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Soon, the trail leads into a river but begins again onthe other side. To get to the other side the farmer must wade across the river yet he can onlycarry two of his six possessions at a time. The farmer knows that, if left together, the dog willeat any or all of the geese and any of the geese will eat all the grain they can. How can thefarmer get all of his possessions to the other side of the river safely and uneaten? 3. Short Answer: A) What is intermodal transportation? B) How was this a major development for the transportation industry? Find the value of X.3(4x + 8) = - 35+23 A ten-year security pays cash flows of $1,000 a year at the end of each of the next five years (t = 1, 2, 3, 4, 5). After the fifth year, the security pays some constant cash flow at the end of the next four years (t = 6, 7, 8, 9). Ten years from now (t = 10) the security will mature and pay $10,000. The security sells for $30,000 and promises a rate of return of 6%. What annual cash flow does the security pay for years 6 through 9?Multiple Choice$7,472.58$7,802.68$5,637.09$6,759.28 Amadeus Corporation is considering the issue of a new product to be added to its product mix. They hired you, a recent business graduate from MacEwan, for conducting the analysis. The production line would be set up in an unused space at the company's main plant. The plant space could be leased out to another firm for $25,000 per year. They have to buy new machinery. The approximate cost of the machine would be $200,000, with another $10,000 in shipping and handling charges. It would also cost an additional $30,000 to install the equipment. The machinery has an economic life of 5 years and would fall under Class 8 with a CCA rate of 20%. The machinery is expected to have a salvage value of $25,000 after 5 years of use. The company will retool one of its existing manufacturing facilities to produce the new model. The one-time retooling cost is $1700. There will also be $8,000 in retraining costs incurred for workers who lost their jobs manufacturing the existing product. The new product line would generate incremental sales of 1.250 units per year for 5 years and they are expected to grow 10% per year. The cost per unit is estimated in $75 per unit in the first year. Each unit can be sold for $200 in the first year. The sales price and cost are both expected to increase by 2.5% per year due to inflation. The fixed costs are estimated to be $100,000 per year and would increase with inflation. To handle the new product line, the firm's net operating working capital would have to increase by an amount equal to 15% of sales revenues. The firm tax rate is 35%, and its overall weighted average cost of capital (WACC) is 14%. The project is considered by the financial department to be as risky as the company. Requirements 1. Using an Excel spreadsheet: Find the NPV, IRR and Payback of the project by using the pro forma financial statement method to determine cash flows. Enter the input variables in cells of their own at the top of the spreadsheet (so it is easier to do sensitivity analysis calculations). Set up the necessary equations by referencing to the input variable cells. The spreadsheet must be formula driven; do not put any numbers in equations, only cell references. Use Excel's built-in functions wherever possible (c.g. PV and IRR functions). 2. Assume that you are confident of your estimates of all variables that affect the project's cash flows except unit sales and sales price. If product acceptance is poor, unit sales will be only 900 units a year and the unit price will be only $160; a strong demand will produce sales of 1,600 units and a unit price of $240. The marketing department told you that there is a 25% chance of poor acceptance and 25% chance of excellent acceptance, and a 50% chance of average acceptance (the base case). (a) What is the worst case NPV and the best case NPV? (b) What is the expected NPV for this project considering all possibilities? 3. Recommendation Use the results you obtained in the NPV, IRR, breakeven, sensitivity and scenario analysis above to write a one page report on your findings and recommend whether or not the company should proceed with the project. You are employed as a demand planner for Namibia Breweries. Your job includes inventorymanagement, forecasting and communicating with suppliers. Your suppliers have a 14-days lead time, and your reorder point is weekly. You must provide a 13-week forecast for the suppliers production planning.The formula your company uses to place an order is;Order= forecast - stock on hand (SOH)- stock on order (SOO)Task [65 marks]Use the data provided to:1. Prepare a 4 MONTH forecast on an excel spreadsheet from October 2022- December 2022 [25]2. Prepare a forecast on an aggregated level per product group [10]3. Prepare an order for October 2022 based on the sales forecast projected [15]4. Calculate errors for August forecast [15]You can make up your own forcast with imaginary data or made up data. I need help ASAP please!!!!!! Which of the following statements accurately describe how Napoleon came to power? (Select all that apply) *A. "Bloodless Coup"B. Cut off all the guards heads and put them on spikesC. Surrounded the state legislative building and forced them to sign Napoleon into powerD. Storming of the Bastille