Pergunta
4. Assume there are four ( 4) consumer in a particular market hanan, asina, kubra and semira: their demand schedules are given in the following table price & Hanan & Asina & Kubra & semira 25 & 24 & 22 & 2 & 18 20 & 28 & 24 & 28 & 22 15 & 34 & 32 & 30 & 24 10 & 38 & 40 & 32 & 28 5 & 44 & 42 & 34 & 30 1 & 50 & 48 & 36 & 34 A. On the above market drqw market demand schedule. B. Suppose semira drop out of the market draw the new market demand schedule C. Assume semira stays in the market and other person sofiva joins that market whose the quantity demand at any given price is half that of hanan draw the new market demand
Solução
Verification of experts4.5180 Voting
VascoMestre · Tutor por 5 anos
Responder
### A. Market Demand Schedule:<br />\[<br />\begin{array}{|c|c|}<br />\hline<br />\text{Price} & \text{Total Demand} \\<br />\hline<br />25 & 66 \\<br />20 & 102 \\<br />15 & 120 \\<br />10 & 138 \\<br />5 & 150 \\<br />1 & 168 \\<br />\hline<br />\end{array}<br />\]<br /><br />### B. New Market Demand Schedule without Semira:<br />\[<br />\begin{array}{|c|c|}<br />\hline<br />\text{Price} & \text{Total Demand} \\<br />\hline<br />25 & 48 \\<br />20 & 80 \\<br />15 & 96 \\<br />10 & 110 \\<br />5 & 120 \\<br />1 & 134 \\<br />\hline<br />\end{array}<br />\]<br /><br />### C. New Market Demand Schedule with Sofiva:<br />\[<br />\begin{array}{|c|c|}<br />\hline<br />\text{Price} & \text{Total Demand} \\<br />\hline<br />25 & 78 \\<br />20 & 116 \\<br />15 & 137 \\<br />10 & 157 \\<br />5 & 172 \\<br />1 & 193 \\<br />\hline<br />\end{array}<br />\]
Explicação
## Step 1: Understanding the Market Demand Schedule<br />### The market demand schedule is the sum of all individual demands at each price level. To find the total market demand, we add up the demand values for Hanan, Asina, Kubra, and Semira at each price.<br /><br />## Step 2: Calculating the Total Market Demand<br />### For each price, calculate the total demand by summing the demands of Hanan, Asina, Kubra, and Semira:<br />- At price 25: $24 + 22 + 2 + 18 = 66$<br />- At price 20: $28 + 24 + 28 + 22 = 102$<br />- At price 15: $34 + 32 + 30 + 24 = 120$<br />- At price 10: $38 + 40 + 32 + 28 = 138$<br />- At price 5: $44 + 42 + 34 + 30 = 150$<br />- At price 1: $50 + 48 + 36 + 34 = 168$<br /><br />## Step 3: Drawing the Market Demand Schedule (A)<br />### Create a table with the calculated total market demand for each price level.<br /><br />## Step 4: Adjusting for Semira Dropping Out (B)<br />### Recalculate the market demand without Semira's demand:<br />- At price 25: $24 + 22 + 2 = 48$<br />- At price 20: $28 + 24 + 28 = 80$<br />- At price 15: $34 + 32 + 30 = 96$<br />- At price 10: $38 + 40 + 32 = 110$<br />- At price 5: $44 + 42 + 34 = 120$<br />- At price 1: $50 + 48 + 36 = 134$<br /><br />## Step 5: Adding Sofiva to the Market (C)<br />### Sofiva's demand is half of Hanan's demand at each price. Calculate Sofiva's demand and add it to the original market demand:<br />- Sofiva's demand at each price:<br /> - At price 25: $\frac{24}{2} = 12$<br /> - At price 20: $\frac{28}{2} = 14$<br /> - At price 15: $\frac{34}{2} = 17$<br /> - At price 10: $\frac{38}{2} = 19$<br /> - At price 5: $\frac{44}{2} = 22$<br /> - At price 1: $\frac{50}{2} = 25$<br />- New market demand including Sofiva:<br /> - At price 25: $66 + 12 = 78$<br /> - At price 20: $102 + 14 = 116$<br /> - At price 15: $120 + 17 = 137$<br /> - At price 10: $138 + 19 = 157$<br /> - At price 5: $150 + 22 = 172$<br /> - At price 1: $168 + 25 = 193$
Clique para avaliar: