Assignment 1 additoonal doc

Option 1-solutions

Option#1	Qd	Constant	P	A	Px	I	M	Solution
Est.Coeff.		-5,200	-42	0.20	20	5.20	0.25
Var.Values			500	10,000	600	5,500	5,000
	Qd=	-5,200	-21,000	2,000	12,000	28,600	1,250	17,650
	Qd=	-5,200	-42P					43,850
Demand Function	Qd=	38,650	-42P
Price Values=		38,650	-42	100	200	300	400	500	600
	Qd=	17,650		34,450	30,250	26,050	21,850	17,650	13,450
	Ed=		-1.1898016997
	Ea=			0.1133
	Epx=				0.6799
	Ei=					1.6204
	Em=						0.0708
	Qs=	5200	45P	= Qd =	38650	-42P
Equilibrium=			87P =	33450
			P =	384.48	cents
	Qs =	5200 +	45P =	22502
	Qd =	38650	-42P =	22502
	Qeq =	22502	Peq=	$ 3.8448	or	384.48cents
		units				per unit
Price Values=				100	200	300	400	500	600
	Qd=			34,450	30,250	26,050	21,850	17,650	13,450
	Qd=	38,650	-42
	Qs=	5200	45
	Qs=			9,700	14,200	18,700	23,200	27,700	32,200

Sheet1

Option#1	Qd	Constant	P	A	Px	I	M	Solution
Est.Coeff.		-5,200	-42	0.20	20	5.20	0.25
Var.Values			5	10,000	6	5,500	5,000
	Qd=	-5,200	-210	2,000	120	28,600	1,250	26,560
	Qd=	-5,200	-42P					31,970
Demand Function	Qd=	26,770	-42P
Price Values=		38,650	-42	1	2	3	4	5	6
	Qd=	38,440		38,608	38,566	38,524	38,482	38,440	38,398
	Ed=		-0.0054630593
	Ea=			0.0520
	Epx=				0.0031
	Ei=					0.7440
	Em=						0.0325
	Qs=	5200	45P	= Qd =	38650	-42P
Equilibrium=			87P =	33450
			P =	384.48	cents
	Qs =	5200 +	45P =	22502
	Qd =	38650	-42P =	22502
	Qeq =	22502	Peq=	$ 3.8448	or	384.48cents
		units				per unit
Price Values=				100	200	300	400	500	600
	Qd=			34,450	30,250	26,050	21,850	17,650	13,450
	Qd=	38,650	-42
	Qs=	5200	45
	Qs=			9,700	14,200	18,700	23,200	27,700	32,200