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Supply and Demand
Page 2
Questions (1,044)
Are these correct? Thanks, Answer is next to number of question
C 1. Which of the following is consistent with the law of supply?
5 answers
asked by
Trying
1,257 views
5. A drug company has a monopoly on a new patented medicine. The product can be made in either of two plants. The costs of
3 answers
asked by
Dana
991 views
How does scarcity affect producers?
A. Limited costs prevent producers from hiking prices. B. Limited demand prevents producers
1 answer
asked by
addreian
116 views
A recent economic event has caused prices for a good to skyrocket. The same day, quantity supplied to the market fell by nearly
1 answer
asked by
Somebody23
120 views
Movie tickets and popcorn are complementary goods. The price of corn, a good used in the production of popcorn, has fallen in
3 answers
asked by
Somebody23
212 views
An increase or decrease in which of the following factors would cause a shift in the demand curve for a given good? Select the
1 answer
asked by
Somebody23
135 views
When supply decreases and demand increases, what happens to the price of a good?
(1 point) Responses it increases it increases it
2 answers
asked by
andrew michal mcmahon
89 views
How does opportunity cost affect people's wants and needs?
(1 point) Responses It changes the supply and demand of goods. It
4 answers
asked by
andrew michal mcmahon
93 views
How does opportunity cost affect people's wants and needs?
(1 point) Responses It changes the supply and demand of goods. It
10 answers
asked by
Daphne
171 views
When supply decreases and demand increases, what happens to a price of a good?
2 answers
asked by
Kee
43 views
What is the d/f b/nscarcity and shortages
2 answers
asked by
Fituma Furgasa Worku
31 views
A town's large sugar beet processing factory is destroyed in a flood. Which of the following is a likely consequence in the next
1 answer
asked by
Wednesday
95 views
How does opportunity cost affect people's wants and needs?
(1 point) Responses It changes the supply and demand of goods. It
10 answers
asked by
valentine
171 views
What is supply in the free market?
• the amount of a good or service • the benefits of a good or service • the demand for a
3 answers
asked by
TWO
236 views
In three to five sentences, explain how the relationship between supply and demand affects consumers.(4 points)
1 answer
asked by
Fatima
100 views
A company may decide to increase the price of an item if the demand for the item is greater than their supply of it.
Responses
1 answer
asked by
Lil_cert
85 views
The needs & wants of ______________ are called demand.
Responses producers (the people who make things) producers (the people who
1 answer
asked by
Lil_cert
167 views
When there is a large supply of an item but a low demand (not many people want it), the price of the item would probably
1 answer
asked by
Lil_cert
86 views
When there is a large supply of an item but a low demand (not many people want it), the price of the item would probably
1 answer
asked by
Lil_cert
80 views
which of the following states the law of supply and demand?
A. all things being equal, the higher the price of a good or service,
1 answer
asked by
dfghjk
181 views
What is the usual effect of increased competition on prices?
A. prices decrease B. prices increase C. prices destabilize D.
1 answer
asked by
ur mom
127 views
Suppose that you are a bicycle producer. In 2 or 3 sentences, explain why you are willing to supply the most bicycles at the
2 answers
asked by
Madison
1,116 views
If demand for a good or service increases, how will prices affect supply
3 answers
asked by
Anonymous
202 views
If the demand for a good service increases, how will prices affect supply?
A. Rising prices will boost supply B. Falling prices
4 answers
asked by
John Cena
1,083 views
Suppose sharply lower coffee prices lead to a decrease in demand for tea. As tea prices decrease, tea producers experience
2 answers
asked by
Susan
804 views
When supply decreases and demand increases, what happens to the price of a good?
5 answers
asked by
yokai
304 views
The cost of producing flat-screen TVs has fallen over the past decade. Let’s consider some implications of this fact.
A.) Draw
3 answers
asked by
Bill
3,068 views
While shopping you discover that your favorite department store has lowered the price on a hot, new MP3 player that you wanted
4 answers
asked by
adrina
721 views
the annual demand for a product is 800 unit a unit price of the product is #0.02. If the ordering cost is # and the holding cost
3 answers
asked by
carman
557 views
When supply increases and demand decreases, which of the following happens to the price of a good?
A. it increases B. it stays
7 answers
asked by
Double Pi
490 views
If the demand for a good or service increases power prices affect supply
3 answers
asked by
Ryry
219 views
a distributor of apple juice has 5000 bottle in the store that it wishes to distribute in a month. from experience it is known
4 answers
asked by
nithin
4,675 views
Every year Christmas tree vendors bring tens of thousands of trees from the forests of New England to New York City and Boston.
3 answers
asked by
mm
1,357 views
An early freeze in CA sours the lemon crop, What happens to consumer surplus in the market of lemons? What happens to consumer
1 answer
asked by
Mike
882 views
Assume short-run demand and supply curves for dry cleaning have the usual slopes, and each unit produced requires some amount of
2 answers
asked by
bella
669 views
Suppose the market demand for good A given by Qd= 300 -20 P and the market supply for Good A is given by Qs=20P-100,where
3 answers
asked by
Kate
2,171 views
Could you check these please thanks.
A --------- is a graph showing the quantities supplied at each possible price. A. Supply
4 answers
asked by
Taylor
1,361 views
31. If an increase in the price of a good leads to an increase in total revenue, then _____. (Points: 3)
the supply curve must be
3 answers
asked by
Heidi
2,661 views
When quantity supplied equals quantity demanded:
A. there is disequilibrium B. the marked is cleared C. there is excess quantity
2 answers
asked by
tony
748 views
A small grocery store sells fresh produce, which it obtains from a local farmer. During the strawberry season, demand for fresh
4 answers
asked by
Clarissa
2,483 views
If the demand for a good or service increases, how will prices affect supply?
(1 point) Responses Rising prices will boost
4 answers
asked by
jojo
149 views
If the demand for a good or service increases Howell prices affect supply
Raising prices for a crease supply Raising prices for
2 answers
asked anonymously
130 views
The quantity demanded each month of Russo Espresso Makers is 250 when the unit price is $136. The quantity demanded each month
2 answers
asked by
rich
854 views
which of the following producers is most likely to face a relatively elastic supply curve in the short run?
-a national chain of
2 answers
asked by
M
94 views
Use the supply and demand model to explain what happens to the equilibrium price and the equilibrium quantity for frozen yogurt
2 answers
asked by
allie
769 views
The following information applies to the market for a particular items in the absence of a unit excise tax:
Price($ per unit)
4 answers
asked by
Anonymous
2,944 views
Juan mows lawns in his neighborhood for extra money. Suppose the demand for lawn mowing in Joe’s neighborhood is: QD = 48 –
4 answers
asked by
Joe
2,204 views
If the demand for a good or service increases how will prices affect supply
2 answers
asked anonymously
105 views
Which of the following illustrates what happens when supply and demand work as they should, according to Adam Smith?(1 point)
Res
2 answers
asked anonymously
290 views
If the demand for a good or service increases, how will prices affect supply? (1 point)
•Falling prices will boost supply.
3 answers
asked anonymously
109 views
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