BASD505 Assignment 2 - 0 10 20 30 40 50 60 70 80 90 100 110...

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Qd= 10-0.5P Qd= 20-0.5P P= 20-Q/2 P= 40-Q/2 Q (Jack) Q (Jill) P (Jack) P (Jill) 0 10 20 0 20 40 10 5 15 5 17.5 37.5 20 0 10 10 15 35 30 -5 5 15 12.5 32.5 40 -10 0 20 10 30 50 -15 -5 25 7.5 27.5 60 -20 -10 30 5 25 70 -25 -15 35 2.5 22.5 80 -30 -20 40 0 20 90 -35 -25 45 -2.5 17.5 100 -40 -30 50 -5 15 110 -45 -35 55 -7.5 12.5 120 -50 -40 60 -10 10 130 -55 -45 65 -12.5 7.5 140 -60 -50 70 -15 5 150 -65 -55 75 -17.5 2.5 160 -70 -60 80 -20 0 170 -75 -65 85 -22.5 -2.5 180 -80 -70 190 -85 -75 200 -90 -80 P= 200-20Q P= 400-20Q P (Jack) P (Jill) 0 200 400 5 100 300 10 0 200 15 -100 100 20 -200 0 25 -300 -100 30 -400 -200 35 -500 -300 40 -600 -400 45 -700 -500 50 -800 -600 55 -900 -700 60 -1000 -800 65 -1100 -900 70 -1200 -1000 75 -1300 -1100 80 -1400 -1200 0 5 10 -300 -200 -100 0 100 200 300 400 500 600 700 400
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P= 100-10Q P= 200-10Q Q P (Jack) P (Jill) 0 100 200 5 50 150 10 0 100 15 -50 50 20 -100 0 25 -400 -50 30 -500 -100 35 -600 -150 40 -700 -200 45 -800 -250 50 -900 -300 55 -1000 -350 60 -1100 -400 65 -1200 -450 70 -1300 -500 75 -1400 -550 80 -1500 -600 P= 40-4Q P= 80-4Q Q P (Jack) P (Jill) 0 40 80 5 20 60 10 0 40 15 -20 20 20 -40 0 25 -60 -20 30 -80 -40 35 -100 -60 40 -120 -80 45 -50 -10 50 -60 -20 55 -70 -30 60 -80 -40 65 -90 -50 70 -100 -60 75 -110 -70 80 -120 -80 0 5 1 -200 -100 0 100 200 300 0 5 10 -60 -40 -20 0 20 40 60 80 100 120 140
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0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 -20 -10 0 10 20 30 40 50 60 70 P ( P ( 15 20 P (Jack) P (Jill) P (Jack) P (Jill)
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10 15 20 P (Jack) P (Jill) P (Jack) P (Jill) 15 20 P (Jack) P (Jill) P (Jack) P (Jill)
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(Jack) (Jill)
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Q= 500n- n^2 q= Q/n p= 10q-1000 P= np R= 10nq No. Wells (n) No. Barrels (Q)
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