Principles of macro economics

 
Contribute and Claim Concepts
You feel been compensated by a innovating unshaken selling electronic dog feeders. Your client has asked you to gather some axioms on the contribute and claim coercion the feeder, which is dedicated adown, and address divers scrutinys concerning the contribute and claim coercion these feeders.
Compensation per Feeder
Muchness Claimed
Muchness Supplied
$300
500
1800
270
600
1700
240
700
1600
210
800
1500
180
1000
1400
150
1100
1300
120
1200
1200
80
1300
1100
60
1400
1000
30
1500
900
10
1600
800
Your client has asked that you clear a recital addressing the coercionthcoming scrutinys so that you can bestow these findings to their Board of Directors:
Questions:

Construct a graph professioning contribute and claim in the electronic dog feeder negotiate, using Microsoft Excel.
How are the laws of contribute and claim artistic in this graph? Explain your confutations.
What is the equilibrium compensation and muchness in this negotiate?
Suppose that the synod imposes a compensation pavement of $180 in the feeder negotiate. What would bechance in this negotiate?
Suppose that the compensation pavement is removed and a compensation ceiling is imposed at $90. What would bechance in this negotiate?
Now, suppose that the compensation of feeders drops by 50%. How would this qualify impression the claim coercion feeders? Explain your confutation and reconstruct the graph cleared in scrutiny undivided to profession this qualify.
Suppose that incomes of the consumers in this negotiate increases. What would bechance in this negotiate? Explain your confutation and reconstruct the graph cleared in scrutiny undivided to profession this qualify.
Suppose that the estimate of sellers decreases in this negotiate. What would bechance in this negotiate? Explain your confutation and reconstruct the graph cleared in scrutiny undivided to profession this qualify.
Explain the distinction betwixt a recognized amiable-natured-natured and an subordinate amiable-natured. Would your confutations to scrutiny 7 qualify depending on whether this amiable-natured-natured is a recognized or subordinate amiable-natured? Why?

Submission Details:

Clear your decomposition in Microsoft Excel coercionmat. Enter non-numerical responses in the selfselfsame worksheet using textboxes.

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