UC知道微观经济习题 求解答
来源：百度知道 编辑：UC知道 时间：2024/09/21 11:03:17
5. Given a price elasticity of demand for gasoline at -0.35, for some reasons, the supply of gasoline drops by 10%, assuming that it will increase price then reduce demand by the same percentage:
A.If price of gasoline was $8.50 per liter before, calculate the new price level for gasoline ?
B.Plot the change in supply and the increase in price in a demand supply diagram.
C.If $8.5 is the equilibrium price and the incurred sales is 500million liters, given the price elasticity of demand at -0.35 and price elasticity of supply at +0.70, suppose the government imposes a price ceiling at $7.8, calculate the total surplus.
A.If price of gasoline was $8.50 per liter before, calculate the new price level for gasoline ?
B.Plot the change in supply and the increase in price in a demand supply diagram.
C.If $8.5 is the equilibrium price and the incurred sales is 500million liters, given the price elasticity of demand at -0.35 and price elasticity of supply at +0.70, suppose the government imposes a price ceiling at $7.8, calculate the total surplus.
5. Given a price elasticity of demand for gasoline at -0.35, for some reasons, the supply of gasoline drops by 10%, assuming that it will increase price then reduce demand by the same percentage:
A.If price of gasoline was $8.50 per liter before, calculate the new price level for gasoline ?
B.Plot the change in supply and the increase in price in a demand supply diagram.
C.If $8.5 is the equilibrium price and the incurred sales is 500million liters, given the price elasticity of demand at -0.35 and price elasticity of supply at +0.70, suppose the government imposes a price ceiling at $7.8, calculate the total surplus.
c