Answers>Economics>A Level>Article

Company A has demand function q=2p+5, and supply function q=10p. What is equilibrium price and quantity

P=5/8Q=25/4

Answered by Tom E. • Economics tutor

1819 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain a constraint to economic development and offer a policy prescription

[Edexcel Economics A 2015] With reference to the information provided, examine two pricing strategies an oligopolist like Sony may use to maximise profits (8).

What is the difference between law of diminishing returns to a factor and decreasing returns to scale?

What would be the effect of a rise in consumption in the economy, use a diagram to help illustrate this effect.

Popular Requests

Maths tutor Chemistry tutor Physics tutor Biology tutor English tutor GCSE tutors A level tutors IB tutors Physics & Maths tutors Chemistry & Maths tutors GCSE Maths tutors

CLICK CEOP

Internet Safety

Payment Security

Cyber

Essentials

MyTutor is part of the IXL family of brands:

IXL

Comprehensive K-12 personalized learning

Rosetta Stone

Immersive learning for 25 languages

Wyzant

Trusted tutors for 300 subjects

Education.com

35,000 worksheets, games, and lesson plans

Vocabulary.com

Adaptive learning for English vocabulary

Emmersion

Fast and accurate language certification

Thesaurus.com

Essential reference for synonyms and antonyms

Dictionary.com

Comprehensive resource for word definitions and usage

SpanishDictionary.com

Spanish-English dictionary, translator, and learning resources

FrenchDictionary.com

French-English dictionary, translator, and learning

Ingles.com

Diccionario ingles-espanol, traductor y sitio de apremdizaje

ABCya

Fun educational games for kids