ScottBrosius 0 Posted February 9, 2008 Share Posted February 9, 2008 I'm a freshman at UPenn, and taking an intro to econ class. While doing some online homework, this question popped up, and I thought you guys might get a kick out of it: In the small town of Negreanu, there is a competitive market for decks of playing cards.Suppose that the demand curve is a straight line and is given by the following equation:P = 9 - (2/3)QD, where P is the price per deck and QD is the quantity demanded per day.The supply curve is also a straight line and is given by the following equation:P = 2 + (1/2)QS, where P is the price per gallon and QS is the quantity supplied per day. 10.1. The equilibrium price per deck of cards equals ____, and the equilibrium quantity equals _____. A. $7; 3 decks of playing cards B. $6; 6 decks of playing cards C. $5; 6 decks of playing cards D. $5; 4 decks of playing cards Made econ more interesting to me anyway... Link to post Share on other sites
Suited_Up 2 Posted February 9, 2008 Share Posted February 9, 2008 Everyone is jumping on the poker bandwagon, it's not even funny. I was at freakin Macy's the other day, and I swear that 90% of the tshirts mentioned poker, or had a spade, or some sort of card reference, it was crazy. And these weren't novelty shirts or something, it's designer stuff. Link to post Share on other sites
bigkg 0 Posted February 9, 2008 Share Posted February 9, 2008 Crazy! Link to post Share on other sites
chrozzo 19 Posted February 9, 2008 Share Posted February 9, 2008 Crazy!noFUCKIN CRAZY! Link to post Share on other sites
Southern Buddhist 1 Posted February 10, 2008 Share Posted February 10, 2008 I only watch poker and Futurama on TV anyway, so it already seems to me like he's everywhere.Soon his face will start appearing in toast and grilled cheese and in window streaks and we'll really have a problem. Link to post Share on other sites
Balloon guy 158 Posted February 10, 2008 Share Posted February 10, 2008 As long as his name doesn't pop up during sex with the wife... Link to post Share on other sites
DCJ001 0 Posted February 10, 2008 Share Posted February 10, 2008 I only watch poker and Futurama on TV anyway, so it already seems to me like he's everywhere.Soon his face will start appearing in toast and grilled cheese and in window streaks and we'll really have a problem.It's funny that you say that. Look what I found on eBay with a current bid of $48,355.25: Link to post Share on other sites
Cappy37 0 Posted February 10, 2008 Share Posted February 10, 2008 the answer is C.Next question? Link to post Share on other sites
Southern Buddhist 1 Posted February 10, 2008 Share Posted February 10, 2008 It's funny that you say that. Look what I found on eBay with a current bid of $48,355.25:Even knowing it was coming, that made me laugh out loud.Balloon Guy, which one of you would be saying it? My husband looks like a darker (and bigger) version of Daniel...he's Lithuanian by blood, so they've both got that Eastern European thing going. Similar features. Link to post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now