A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | |
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2 | EQUILIBRIA SIMULATOR | ||||||||||||||||||
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4 | Template for the calculation of equilibrium prices and quantities, and Social Welfare under | Q* | P* | DD | OO | Cantidades | |||||||||||||
5 | Perfect Competition, and Monopoly. | 1.3 | 2.00 | 0.00 | 0.00 | 1 | |||||||||||||
6 | Functional Forms Allowed | Change the parameter values | 1.3 | 1.93 | 0.13 | 0.13 | 2 | ||||||||||||
7 | Demand | P=a-bQ | in the gray cells at will | 1.3 | 1.87 | 0.27 | 0.27 | 3 | |||||||||||
8 | Supply | P=c+dQ | e | 0.5 | 1.3 | 1.80 | 0.40 | 0.40 | 4 | ||||||||||
9 | f | 0.2 | 1.3 | 1.73 | 0.53 | 0.53 | 5 | ||||||||||||
10 | Demand and Supply Parameters | Competition | Monopoly | g | 0.3 | 1.3 | 1.67 | 0.67 | 0.67 | 6 | |||||||||
11 | a | 2.00 | Consumer Surplus | 0.4 | 0.3 | h | 1.0 | 1.3 | 1.60 | 0.80 | 0.80 | 7 | |||||||
12 | b | 0.50 | Producer Surplus | 0.9 | 1.0 | i | 1.0 | 1.3 | 1.53 | 0.93 | 0.93 | 8 | |||||||
13 | c | 0.00 | Social Welfare | 1.3 | 1.3 | j | 0.3 | 1.3 | 1.47 | 1.07 | 1.07 | 9 | |||||||
14 | d | 1.00 | Deadweight loss | 0.0 | 0.1 | k | 1.0 | 1.3 | 1.40 | 1.20 | 1.20 | 10 | |||||||
15 | Total | 1.3 | 1.3 | 1.3 | 1.33 | 1.33 | 1.33 | 11 | |||||||||||
16 | 1.27 | 1.47 | 1.47 | 12 | |||||||||||||||
17 | Perfect Competition | Monopoly | 1.20 | 1.60 | 1.60 | 13 | |||||||||||||
18 | P* | 1.3 | PM | 1.5 | 1.13 | 1.73 | 1.73 | 14 | |||||||||||
19 | Q* | 1.3 | QM | 1.0 | 1.07 | 1.87 | 1.87 | 15 | |||||||||||
20 | 1.00 | 2.00 | 2.00 | 16 | |||||||||||||||
21 | Template elaborated by Daniel Toro González for the course Intermediate Microeconomics - 1P-2013 | 0.93 | 2.13 | 2.13 | 17 | ||||||||||||||
22 | Universidad Tecnológica de Bolívar | 0.87 | 2.27 | 2.27 | 18 | ||||||||||||||
23 | Cartagena - Colombia | 0.80 | 2.40 | 2.40 | 19 | ||||||||||||||
24 | 0.73 | 2.53 | 2.53 | 20 | |||||||||||||||
25 | 0.67 | 2.67 | 2.67 | 20 |