Thank you so much 🙏 sir ....................... i am suffering from consumer surplus and produser surplus problems your clarify this video sir...........
sir kindly tell me how to solve this question please i am stuck...... Suppose that the government of Zanzi decides that there is a need to reduce cigarette smoking in their country. The cigarette market in Zanzi can currently be described by the following demand and supply equations: Demand for cigarettes: Q = 1125 - 12.5P Supply of cigarettes: Q = 1100P - 1100 The government proposes implementing a quantity control of 500 units: this quantity control would limit the number of cigarettes that could be sold in Zanzi to exactly 500 units. The government has asked you to evaluate this program by answering the following series of questions. Question 1: Before implementing the quantity control, what is the equilibrium price of cigarettes in Zanzi? Question 2 Before implementing the quantity control, what is the equilibrium quantity of cigarettes in Zanzi? Question 3 Before implementing the quantity control, what is the value of consumer surplus in the market for cigarettes in Zanzi? Question 4 Before implementing the quantity control, what is the value of producer surplus in the market for cigarettes in Zanzi? Question 5 Suppose the government implements the quantity control. What is the deadweight loss due to this program? Question 6 Suppose the government implements the quantity control. What is the value of consumer surplus with this program? Question 7 Suppose the government implements the quantity control. What is the value of producer surplus with this program? Question 8 Suppose the government implements the quantity control. What price must consumers pay in order to only demand 500 cigarettes in Zanzi? Question 9 Suppose the government implements the quantity control. What price must producers receive in order to only supply 500 cigarettes in Zanzi? (Round your answer to the nearest cent.) Question 10 Suppose the government implements the quantity control. What price will the government sell the right to sell a unit of cigarettes for in Zanzi if the government sets the quantity control at 500 cigarettes?
The answer of the last question I.e., producer's surplus is 6 not 2
Yes
Thanku so much....most needed part,waiting for next probability,production function etc....god bless u
Accurate and to the point 😉😍
Thank you so much 🙏 sir ....................... i am suffering from consumer surplus and produser surplus problems your clarify this video sir...........
sir thanks by heart. good bless you.
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sir last producer surplus ANS 6 ap 2 like he
Right. Ps=6 . It's ok . Correct. Yourself . Thank You
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Thank you sir for such a great explanation 😄
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In question no.47 producer surplus is 6
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nice video sir
Thank you a lot sir
(P=4)
P=2+x
4=2+x
4-2=X
X=2
Can we slove x value like this
Thank sir
Sir a answer pg main use ho sakta hai kya
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Sir producer surplus is 6 in the last question
No no he is right check it ones
According to bodmas, addition पहले करते है
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Sir.....what is the difference in online batch course and the video that you uploaded in youtube...?
In Online courses we cover entire syllabus wity details
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Kindly sir teach us whole mathematical portion
sir kindly tell me how to solve this question please i am stuck......
Suppose that the government of Zanzi decides that there is a need to reduce cigarette smoking in their country. The cigarette market in Zanzi can currently be described by the following demand and supply equations:
Demand for cigarettes: Q = 1125 - 12.5P
Supply of cigarettes: Q = 1100P - 1100
The government proposes implementing a quantity control of 500 units: this quantity control would limit the number of cigarettes that could be sold in Zanzi to exactly 500 units. The government has asked you to evaluate this program by answering the following series of questions.
Question 1: Before implementing the quantity control, what is the equilibrium price of cigarettes in Zanzi?
Question 2
Before implementing the quantity control, what is the equilibrium quantity of cigarettes in Zanzi?
Question 3
Before implementing the quantity control, what is the value of consumer surplus in the market for cigarettes in Zanzi?
Question 4
Before implementing the quantity control, what is the value of producer surplus in the market for cigarettes in Zanzi?
Question 5
Suppose the government implements the quantity control. What is the deadweight loss due to this program?
Question 6
Suppose the government implements the quantity control. What is the value of consumer surplus with this program?
Question 7
Suppose the government implements the quantity control. What is the value of producer surplus with this program?
Question 8
Suppose the government implements the quantity control. What price must consumers pay in order to only demand 500 cigarettes in Zanzi?
Question 9
Suppose the government implements the quantity control. What price must producers receive in order to only supply 500 cigarettes in Zanzi? (Round your answer to the nearest cent.)
Question 10
Suppose the government implements the quantity control. What price will the government sell the right to sell a unit of cigarettes for in Zanzi if the government sets the quantity control at 500 cigarettes?
Producer surplus will be 6 in explained problem.
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can anyone plz explain why we dont use triangle method in 1st question ???
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Thank u sir but last qs mai producer surplus =6 not 2
Sir ssb exam ke liya banae plz sir
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Sir, last question's answer must be 6
Producer surplus is 6 not 2
19:40 check -
Sir net ki final ans ki aa gyi h ..result bhi dobara aayega kya ...pls rpy sir
no there is no change in result 🙂
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10-4= 6
NTA NET 2O19 FULL syllabus ki vedio bnao both paper 1 and 2
Ps -6 not 2
Result same rahega n
Last question m answer 6 hoga
सर हिंदी में
Thanks sir
Thank you so much sir
Thanks sor 🙏