Letâs assume that the demand for a given product can be represented by the equation, price = 100 - .5(quantity). If the current price is 10 dollars and the quantity demanded is 180, then a two dollar increase in the price reduces the quantity demanded by four units.
| AP. It's finally time for Hollywood's big night. The 2013 Oscars begin tonight at 8:30 p.m. Eastern Time (5:30 p.m. Pacific Time) at the Dolby Theatre in Los Angeles, California. It's the 85th annual Academy Awards and you can watch live on ABC. The show itself will be preceded by Red Carpet arrivals, beginning at 7 p.m. ET.
Getting to better know the 2018 Oscars host, who will be hosting the Academy Awards for the second straight year in a row. With the Hollywood Foreign Press handing out the 2018 Golden Globes to various winners from around the world, the eyes of awards season shift their way to the biggest show of the year, the 2018 Oscars.