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SusanAthena
SusanAthena, Master's Degree
Category: Calculus and Above
Satisfied Customers: 102
Experience:  Tutor for Algebra, Geometry, Statistics. Explaining math in plain English.
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Statistics homework help. I need help doing calculations and

Customer Question

Statistics homework help.
I need help doing calculations and graphs for a memo I have to write. More importantly I need to know how to do the calculations when it comes to an exam. There are four scenarios of legislation and I need to calculate the following for each:
1. Total quantity purchased by consumers
2. Total quantity produced by local farmers
3. Total quantity imported
4. change in consumer surplus
5. change in producer surplus
6. cost to taxpayers of the subsidy
7. net welfare gained or lost for the economy as a whole.
Submitted: 6 months ago.
Category: Calculus and Above
Expert:  Mr. Glenn replied 6 months ago.

Hi

Thank you for using this site. Do you have an actual raw data?

Customer: replied 6 months ago.
I can send via an attachment. I think the most important aspect is to learn how to do these calculations and graphs. The HW is based on them but not completely them. I have a document. How would you like me to share?
Customer: replied 6 months ago.
I have added the document for review
Expert:  Mr. Glenn replied 6 months ago.

ok

Customer: replied 6 months ago.
Let me know what you think
Expert:  Mr. Glenn replied 6 months ago.

ok

Customer: replied 6 months ago.
I realize i said Statistics, I actually meant Economics. I apologize if that changes anything
Expert:  Mr. Glenn replied 6 months ago.

ah ok

Customer: replied 6 months ago.
If you are not versed in Economics I can have the question canceled and repost. Just want to make sure you are comfortable with the question.
Expert:  Mr. Glenn replied 6 months ago.

Don't worry, I can opt out, and there a lot of economic experts here ( I am a math experts) so once I opt out, economic experts can immediately help you on this.

Customer: replied 6 months ago.
Just to Note - I mistakenly said statistics help. This is an Economics question I need help with.