Question I
a 540 0.90 0.90
540 1,80
0 300
i p 0.9130
270 b
b 540 Poto 9QD
Qd 600
Pg
Qd 000 9g 500demanded
Ps O 90s
Qs
Pg
i Qs 100supplied i 400shortageexcessdemand
Cl Qd boo Pd
0.9
Qd 000 100demanded
Yg
Qs 0
5 500 supplied 400surplusexcesssupply
489
Question 2
a 40 12 20
60 12
0 2
p g
bl p 12 20 6
p b 20
0 20 40
b od
i a
Buyersprite 12 211 sellerspulse alll
12 2 4
10
, Question3
Bugdetline U x y ix Y
i 104 100
4
Maximise
Mpyx
MUY
Pu
i
Y
4,1 23
Replace Y 452 into bugdetline
a x 101215 7 100
82 100
2 12.5
4 5
for Tio max utility hecanafford 12.5or xp sory
Question 4
del line
Bug zoo 10 5Y JM 2 4
maximise
Mp Muy
py
LY
10 É
i 2Y X
2g
2xY
200 10x 5 2x
200 10x lox
200 202
10 x
Y 20
totalutility 2 4
21107620
400
a 540 0.90 0.90
540 1,80
0 300
i p 0.9130
270 b
b 540 Poto 9QD
Qd 600
Pg
Qd 000 9g 500demanded
Ps O 90s
Qs
Pg
i Qs 100supplied i 400shortageexcessdemand
Cl Qd boo Pd
0.9
Qd 000 100demanded
Yg
Qs 0
5 500 supplied 400surplusexcesssupply
489
Question 2
a 40 12 20
60 12
0 2
p g
bl p 12 20 6
p b 20
0 20 40
b od
i a
Buyersprite 12 211 sellerspulse alll
12 2 4
10
, Question3
Bugdetline U x y ix Y
i 104 100
4
Maximise
Mpyx
MUY
Pu
i
Y
4,1 23
Replace Y 452 into bugdetline
a x 101215 7 100
82 100
2 12.5
4 5
for Tio max utility hecanafford 12.5or xp sory
Question 4
del line
Bug zoo 10 5Y JM 2 4
maximise
Mp Muy
py
LY
10 É
i 2Y X
2g
2xY
200 10x 5 2x
200 10x lox
200 202
10 x
Y 20
totalutility 2 4
21107620
400
