{"id":731,"date":"2020-11-04T10:49:42","date_gmt":"2020-11-04T09:49:42","guid":{"rendered":"https:\/\/interactivemicroeconomics.com\/?page_id=731"},"modified":"2020-11-14T11:21:28","modified_gmt":"2020-11-14T10:21:28","slug":"example-equilibrium-price","status":"publish","type":"page","link":"https:\/\/interactivemicroeconomics.com\/index.php\/sample-page\/equilibrio-en-el-mercado-de-un-bien\/example-equilibrium-price\/","title":{"rendered":"Example: Equilibrium price"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"731\" class=\"elementor elementor-731\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eb73c6c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eb73c6c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0332b3a\" data-id=\"0332b3a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3f5661a elementor-widget elementor-widget-html\" data-id=\"3f5661a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\n.texto  {\n\tpadding: 0px 60px 0px 60px;\n\tmargin: 0px 0px 0px 0px;\n\toverflow:auto;\n\tfont-size:12pt;\n\tcolor: black;\n\ttext-align: justify;\n    text-justify: inter-word;\n\twidth:100%;\n}\n@media screen and (max-width: 750px) {\n  .texto {\n    padding: 0px 20px 0px 20px;\n\t font-size:10pt;\n  }\n}\n<\/style>\n\n<link rel=\"stylesheet\" type=\"text\/css\" href=\"https:\/\/interactivemicroeconomics.com\/myStyles\/tooltipster.bundle.css\" \/>\n<link rel=\"stylesheet\" type=\"text\/css\" href=\"https:\/\/interactivemicroeconomics.com\/myStyles\/tooltipster-sideTip-light.min.css\" \/>\n<link rel=\"stylesheet\" type=\"text\/css\" href=\"https:\/\/interactivemicroeconomics.com\/myStyles\/tooltipster-sideTip-shadow.min.css\" \/>\n\n<style>\n.sol {\n\t\tcolor: green;\n\t\tbackground-color: lightgreen;\n\t\tborder-style: solid;\n\t\tborder-color: brown;border-width: 1px;\n\t\tpadding: 0px 3px 0px 3px;\n\t\tmargin: 5px;\n\t\tfont-size: 12pt;\n\t\tborder-radius:5px;\n\t\tbox-shadow: 0px 0px gray;\n\t\tcursor: pointer;}\n\t\t\n.tooltipster-sidetip.tooltipster-light.tooltipster-light-customized .tooltipster-box {\n\tcolor: blue;\n\tbackground: gray;\n\tborder: 3px solid green;\n\tborder-radius: 6px;\n\tbox-shadow: 5px 5px 2px 0 rgba(0,0,0,0.4);\n}\n\n.tooltipster-sidetip.tooltipster-light.tooltipster-light-customized .tooltipster-content {\n\tcolor: black;\n\tbackground-color: #E8E89C;\n\tpadding: 5px;\n\tfont-size:12pt;\n\t\n}\n\n.tooltipster-sidetip.tooltipster-shadow.tooltipster-shadow-customized .tooltipster-box {\n\t\/*color: blue;\n\tbackground: gray;\n\tborder: 3px solid red;\n\tborder-radius: 6px;\n\tbox-shadow: 5px 5px 2px 0 rgba(0,0,0,0.4);*\/\n}\n.tooltipster-sidetip.tooltipster-shadow.tooltipster-shadow-customized .tooltipster-content {\n\tcolor: black;\n\tbackground-color: lightyellow;\n\tpadding: 3px;\n\tfont-size:12pt;\n\t\n}\n\n.tooltip_templates { display: none; 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\n<\/script>\n<h2>Example: Equilibrium price<\/h2>\n<div class=\"texto\">\n <p> The demand and supply curves in the $q$ market are given by:<\/p>\n <p align=\"center\"> $Q_{d} =100 - 2 \\cdot p \\quad \\quad Q_{s} = p - 8 $ <\/p>\n <ul>\n     <li>How much $q$ good will consumers demand if the price is $p=40$ ? <span class=\"sol\"  data-tooltip-content=\"#tip1\" >Sol.<\/span> \n<div class=\"tooltip_templates\">\n    <span id=\"tip1\" style=\"maxWidth=400;\" >\n$Q_{d}(40)=100-2 \\cdot 40 = 20$ <br> They demand 20 units\n   <\/span><\/div><\/li>\n   \n   <li>And how much will the producers offer? <span class=\"sol\"  data-tooltip-content=\"#tip2\" >Sol.<\/span> \n<div class=\"tooltip_templates\">\n    <span id=\"tip2\" style=\"maxWidth=400;\" >\n$Q_{s}(40)=40- 8 = 32$ <br> They offer 32 units\n   <\/span><\/div><\/li>\n   \n   <li>What happens in this case in the market? <span class=\"sol\"  data-tooltip-content=\"#tip3\" >Sol.<\/span> \n<div class=\"tooltip_templates\">\n    <span id=\"tip3\" style=\"maxWidth=400;\" >\nSome producers cannot sell everything they want, they cannot find a buyer.\n   <\/span><\/div><\/li>\n   \n   <li>What if the price was $p=30$? <span class=\"sol\"  data-tooltip-content=\"#tip4\" >Sol.<\/span> \n<div class=\"tooltip_templates\">\n    <span id=\"tip4\" style=\"maxWidth=400;\" >\nNow the amount demanded would be $Q_{d}(30)=100-2\\cdot 30=40,$ and the amount offered $Q_{s}(30)= 30-8=22.$ There will not be enough production to supply all the demand.\n   <\/span><\/div><\/li>\n   \n   <li>Finally, what would happen at $p=36$? <span class=\"sol\"  data-tooltip-content=\"#tip5\" >Sol.<\/span> \n<div class=\"tooltip_templates\">\n    <span id=\"tip5\" style=\"maxWidth=400;\" >\nThe demand will be $Q_{d}(36)=100 - 2\\cdot 36 = 28,$ and the supply $Q_{s}(36)=36-8 = 28.$ At price 36 the quantity demanded matches the quantity offered. All agents can make their decisions effective.\n   <\/span><\/div><\/li>\n   \n <\/ul>\n\n\n\n\n<\/div> <!-- texto -->\n\n\n\n\n<script>\n       \n\t\t\n\t$('.tooltip').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\ttrigger: 'click',\n\t\t\tmaxWidth: '250',\n\t\t\tinteractive: true\n\n\t\t});\n     \n\t$('.tooltipfig').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\ttrigger: 'click',\n\t\t\tmaxWidth: '150'\n\t\t});\n\n\t$('.botondef').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\tmaxWidth: '250'\n\t\t});\n\t$('.btnmark').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\tmaxWidth: '250'\n\t\t});\n\t$('.ejemplo').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\tplugins: ['sideTip', 'scrollableTip'],\n\t\t\ttrigger: 'click',\n\t\t\tmaxWidth: '450',\n\t\t\tinteractive: true\n\t\t});\n\t$('.sol').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\tplugins: ['sideTip', 'scrollableTip'],\n\t\t\ttrigger: 'click',\n\t\t\tmaxWidth: '220',\n\t\t\tinteractive: true\n\t\t});\n\t\n\t$('.resputest').tooltipster({\n\t   \t\ttheme: ['tooltipster-shadow', 'tooltipster-shadow-customized'],\n\t\t\ttrigger: 'custom',\n\t\t\tinteractive: true,\n   \t\t\ttriggerOpen: {\n        \t\t\/\/click: true,\n        \t\t\/\/tap: true\n   \t\t\t },\n    \t\ttriggerClose: {\n        \t\tclick: true,\n        \t\ttap: true\n   \t\t\t },\n\t\t\tmaxWidth: '250'\n\t\t});\n\t\t\n\t\t$('.interactivesol').tooltipster({\n    \t\ttheme: ['tooltipster-light', 'tooltipster-light-customized'],\n\t\t\tplugins: ['sideTip', 'scrollableTip'],\n\t\t\ttrigger: 'click',\n\t\t\tmaxWidth: '220',\n\t\t\tinteractive: true\n\t\t});\n\t\n    <\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-605c029 elementor-align-right elementor-widget elementor-widget-button\" data-id=\"605c029\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/interactivemicroeconomics.com\/index.php\/sample-page\/equilibrio-en-el-mercado-de-un-bien\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Go back<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Example: Equilibrium price The demand and supply curves in the $q$ market are given by: $Q_{d} =100 &#8211; 2 cdot p quad quad Q_{s} = p &#8211; 8 $ How much $q$ good will consumers demand if the price is $p=40$ ? Sol. $Q_{d}(40)=100-2 cdot 40 = 20$ They demand 20 units And how much &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/interactivemicroeconomics.com\/index.php\/sample-page\/equilibrio-en-el-mercado-de-un-bien\/example-equilibrium-price\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Example: Equilibrium price&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":703,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-731","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/comments?post=731"}],"version-history":[{"count":12,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/731\/revisions"}],"predecessor-version":[{"id":1266,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/731\/revisions\/1266"}],"up":[{"embeddable":true,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/703"}],"wp:attachment":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/media?parent=731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}