King Logan
09/14/2024 · High School

Question \#1: An economist has estimated that the demand curve and supply curve for bonds can be estimated using the following equations: Demand: \( P=-0.4 Q+940 ; \) Supply: \( P=Q+380 \) A. What is the equilibrium price and quantity of bonds in this market? B. At \( P=\$ 800 \), is there be a shortage or surplus? By how much? C. Suppose that the government impose a tax on the bond market that leads to decrease supply by 70 units at each price level, what is the new equilibrium price and quantity?

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**أ.** سعر التوازن هو 780 وكمية التوازن هي 400. **ب.** عند 800، هناك فائض قدره 70 وحدة. **ج.** سعر التوازن الجديد هو 760 وكمية التوازن الجديدة هي 450.

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