If the market supply function of a commodity is qs = 3,250 and (a) the market demand function is Qd = 4,750 50P and P is expressed in dollars, use excel to calculate what the equilibrium price is by calculating values of Qd and Qs for P from 25 to 50 in 1’s. (d) For (a) – (c), if TC=0.005Q^2Q, what is the profit in each case? Revised spreadsheet problem 1: Just answer (a) and 1(d). For (d), change “For (a) to (c)” to “For (a) only.” Show all work and fill out spreadsheet. Get Professional Assignment Help Cheaply Are you busy and do not have time to handle your assignment? Are you scared that your […]