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ACTG 2011 Lecture Notes - Ceteris Paribus, Economic Equilibrium, Imperfect Competition

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Accounting

Eytan Lasry

York University

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Research Practicum

Plant Biology

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Chemical Structure

Chemical Dynamics

Introduction to Chemistry

Taking Action: Engaging People and the Environment

Environmental Policy I

Statistical Methods I and II

Statistical Methods II

Introduction to Experimental Psychology

Sociological Research Methods

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Freshwater Biology

A market is described by demand equation Q = 500 - 2P and supplyequation Q = -100 + 4P. Calculate equilibrium values of these:(Show your calculations to receive credit for your answers.) a) Price b) Quantity c) Total revenue d) Price elasticity of demand

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ACTG 2011 Lecture Notes - Ceteris Paribus, Economic Equilibrium, Imperfect Competition

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