custom writing services

Need help: Write an email to our support staff or

whatsapp us

order order
Average score 4.97 out of 5 based on 836 opinions

How to solve these questions, better to have the works and explainations.thanks.

4. Considerthe following firm?levelsupply schedule for oranges:

q = f(P) = 2P ? 2, where P= themarket price of oranges.

a. Ifthere are 10 identicalfirmsin themarket,then whatisthe equation forthemarketsupply

schedule (Q)? Find the derivative ofmarketsupply with respectto price when there are 10

firms.(5 points)

b. Suppose there areNfirmsin themarket. Whatisthe equation formarketsupply? Find the

partial derivative ofmarketsupply with respectto price. Verify thatthis equation isthe same

as above whenN=10.(5 points)

c. Sketch themarketsupply schedule in a diagramwhenN=10; be sure to identify the vertical

intercept and the slope ofthe supply schedule in your diagram(HINT:mind your P’s andQ’s!).

Verify in your diagramand using calculusthatthismarketsupply schedule obeysthe law of

supply.(5 points)

Part Four: Market Equilibrium

5. Using themarket demand and supply functionsfromquestions 3 and 4 (respectively);find

the equilibriumprice and quantity traded whenN=10 and I=10. Show your work. (5 points)

6. Suppose consumerincome decreasesto I=5; find the new equilibriumprice and quantity

traded. Show your work.(5 points)

7. In a well?labeled diagram, illustrate the effect onmarket price and quantity of a decrease in

consumerincome on themarketfor oranges(i.e.,the scenario in questions 5&6, above).

However, you do not need to label any intercepts orslopes, justthe original and new

equilibriumprices and quantities.(5 points)



Need an answer from similar question?Click here and get a solution now

order You have just landed to the most confidential, trustful essay writing service to order the paper from. We have a dedicated team of professional writers who will assist you with any kind of assignment that you have. Your work is handled confidentially with a specific writer who ensures you are satisfied. Be assured of quality, unique and price friendly task delivered in good time when you place an order at our website. banner We have a team of dedicated writers with degrees from all spheres of study. We readily accept all types of essays and we assure you of content that will meet your expectations. Our staff can be reached  via live chat, email or by phone at any given time with prompt response.  

Prices starting at:

High school
Undergrad.(yrs 1-2)
Undergrad.(yrs 3-4)
$10 / page
$10/ page
$12/ page
$15 / page
$17/ page

Note: The prices in the table above are applicable to orders completed within 14 days. Kindly see the full price table for more prices..

We urge you to provide as much information as possible to avoid many revisions. Set your deadline, choose your level, give payment information and relax while you track your work. We will deliver your paper on time. Are you in a quagmire and you are unable to complete your assignments? Do you doubt yourself on the quality of the essay you have written?  is here to assist you. We will offer you unmatched quality that is plagiarism free. Place an order at  for guaranteed  high grades. order download

we offer gifts to our paper help customersPayment Methods

you can request our services and pay via paypal

we offer gifts to our paper help customersOur Guarantees

  1. Zero plagiarism.
  2. 100% confidentiality.
  3. FREE Reference page
  4. High Quality papers
  5. 24/7 Customer support

Our Testimonials Testimonials

I ordered a 7 page college essay and was delivered on time. Thank you guys I will definitely order again!

, FL

Our statisticsOur Statistics

  • Orders Completed todate 72387

  • Number of writers 500

  • Satisfied customers 99.7%

  • Returning customers 92.3%

  • Orders placed today 87