If Qs = -20 + 10p, and Qd = 400 - 20p, what is the equilibrium price?

What explains the appreciation of the Japanese yen relative to the Canadian dollar from 1970 to the early 1990s?

A) Japanese productivity rose faster than Canadian productivity. B) Japanese inflation rose faster than Canadian inflation. C) Canadian consumers reduced their preferences for Japanese goods. D) High tariffs and restrictive quotas in Canada caused the value of the dollar to decline.

Bob's utility function is shown in the above figure. He currently has $100 worth of property, but there is a 50% chance that all of it will be stolen. An insurance company offers to reimburse Bob for his loss if the money is stolen

What is the most that Bob would pay for such a policy? Explain.