Search & Filtering
The national poultry producers published the following estimates of demand and supply relationships for plucked chicken:
QD = 60.000 – 10.000P
QS = 20.000P
a) Calculate the perfect competition equilibrium price and quantity that will result in the market for plucked chicken (6marks)
b) If the poultry industry was organized as a cartel, calculate the price and quantity that would maximize profits for cartel members.
(Hint: The Total Revenue function for the cartel would be: TR= 6Q – 0.0001Q2, and the Supply function could also be expressed as follows: P= 0.00005Q) (4.5marks)
c) Comparing your answers in parts a) and b), what is the effect on price and output in this market when the cartel is allowed to operate? What is the effect on consumer surplus (do not calculate, only describe/explain)? (4.5 marks)
Create 3 arrays that will hold 5 employee information:
Name
Address
For example: empName[0], empAddress[0], empEmail[0] should belong to the same employee.
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We will output the employee's information by using int variable as index.
The user will select what index will be printed on the console so you need to use the java.util.scanner.
Create 3 arrays that will hold 5 employee information:
Name
Address
For example: empName[0], empAddress[0], empEmail[0] should belong to the same employee.
-----------------------------------------------------------------------------------------------------------------------------------------------------
We will output the employee's information by using int variable as index.
The user will select what index will be printed on the console so you need to use the java.util.scanner.
A population consist of five measurements 2,6,8,3&1. How many different samples of size n=2 can be drawn from the population? What is the mean & variance of the sampling distribution of the sample means?
The national poultry producers published the following estimates of demand and supply relationships for plucked chicken:
QD = 60.000 – 10.000P
QS = 20.000P
a) Calculate the perfect competition equilibrium price and quantity that will result in the market for plucked chicken (6marks)
b) If the poultry industry was organized as a cartel, calculate the price and quantity that would maximize profits for cartel members.
(Hint: The Total Revenue function for the cartel would be: TR= 6Q – 0.0001Q2, and the Supply function could also be expressed as follows: P= 0.00005Q) (4.5marks)
c) Comparing your answers in parts a) and b), what is the effect on price and output in this market when the cartel is allowed to operate? What is the effect on consumer surplus (do not calculate, only describe/explain)? (4.5 marks)
ΔH and ΔS for a certain reaction are 10 kJ mol^-1 and 10 J K^-1 mol^-1 respectively. What is ΔG in kJ mol^-1 at 400 K?
Under certain circumstances, ΔG for reaction (1) is -13.4 kJ mol^-1. Indicate whether the reaction equilibrium favours the products or the reactants.
Given that at body temperature, Kw = 10^-13.6, what is the pH of neutral water at body temperature?
The volume of gastric fluid in your stomach is 100 cm3 and its pH = 2. Calculate the number of H+ ions in your stomach. You need to know that Avogadro’s Number, NA, is 6.02*1023 mol^-1.
A catalyst (e.gg an enzyme) speeds up a reaction by changing (tick one or more of these options):
a) the heat of reaction
b) the energy of activation
c) the frequency of collisions of reactant molecules
d) the frequency of successful collisions
