Made In China Talk  

Go Back   Made In China Talk > International Business Talk > Export > Food & Beverage
Directory Register FAQ Members List Calendar Mark Forums Read 中文




demand and supply?


Reply
 
Thread Tools Display Modes
  #1  
Old 07-03-2009, 06:23 PM
Eric Eric is offline
Senior Member
 
Join Date: Jul 2008
Posts: 1,587
Feedback: (0)
Default demand and supply?

1. A vegetable fiber is traded in a competitive world market, and the world price is $9 per pound.Unlimited quantities are available for import into the United States at this price. The U.S.domestic supply and demand for various price levels are shown below.Table-3Price U.S. Supply U.S. Demand(per pound) (Million pounds) (Million pounds)3 2 346 4 289 6 2212 8 1615 10 1018 12 4b. What is the equilibrium price and output if all foreign producers are restricted from exportingto the U.S.?c. If foreign manufacturers are allowed to freely compete in the U.S., what is the newequilibrium price and output? How much is supplied by U.S. manufacturers?
Reply With Quote




  #2  
Old 07-03-2009, 06:52 PM
online online is offline
Senior Member
 
Join Date: Dec 2008
Posts: 885
Feedback: (0)
Default demand and supply?

How can we answer when the tabke is all messed up. Post a link to a table where the data is more oprganised.
Reply With Quote
  #3  
Old 11-24-2011, 11:04 PM
JesicaDepth JesicaDepth is offline
Member
 
Join Date: Nov 2011
Posts: 29
Feedback: (0)
Default

Supply is mainly determined by demand, if demand for the product is great, people are willing to pay a higher price for that product, and as a result, suppliers are more willing to make that product, because they can sell at a higher price. If demand is low, the opposite happens. Demand associated with the target, or if it is worse than a normal good. Since the median income for the sale of inferior goods will decrease, because people can afford a better choice, and in line with the normal sales of goods will increase with the increase of median income.
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


| Business Forum | Toronto Chinese

All times are GMT +9. The time now is 02:56 PM.


All rights reserved. Copyright © 2007 Made In China Talk