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# ECO401 Assignment No 1, Fall 2014,Solutions and Discussions Due Date: Nov-27, 2014

ECO401 Assignment No 1, Fall 2014,Solutions and Discussions Due Date: Nov-27, 2014

Important announcement,  Assignment # 01  ECONOMICS (ECO401)

Dear Students!

This is to inform that Assignment No. 1 will be opened on November 20, 2014 and due date of assignment submission will be November 27, 2014.

A 24 hours extra/grace period after the due date is usually available to overcome uploading difficulties which may be faced by the students on last date.  This extra time should only be used to meet the emergencies; and above mentioned due date should always be treated as final to avoid any inconvenience.

Assignment File will be attached Later !

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### Replies to This Discussion

any one.....

yes..

no one

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.

page no 14 handouts , solve the 1st requirement.

Qd=Qs

then we can find the market clearing price and quantity

afterwards make graph and represent price and quantity

The equilibrium price is 1.5 and the equilibrium quantity is 1400.

right ?

My equilibrium price is 4.5 and quantity is 3800... apki 1.5 kaisy ai

yup u r right

price is 1.5 and quantity is 1400

G

(b) ki samajh aa rahi ke kaisy karna ?

yes

Qs= 200+800P
Qd=2000-400P

you taking wrong value for Qd (2000-400p)

1

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