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Supply and Demand
Page 8
Questions (1,044)
consider the supply and demand of airpods and show the effect of following on market IPODS
A: the price of competing brand of mp3
1 answer
asked by
Ali
233 views
How will the following sets of events affect equilibrium price and quantity for the product highlighted in italics? In each
1 answer
asked by
Cinar
365 views
working on homework & stuck on these three questions. Someone please check if I answered these correctly; Thank you!
1. In the
6 answers
asked by
Beth
638 views
4) From October 1994 to march 1995, the price of cotton increased from $0.65 to over $1 per pound, the highest level since civil
1 answer
asked by
Anonymous
415 views
Consider a competitive firm that can sell its products at a price of p=10 $/unit. It's variable cost function is given by
1 answer
asked by
qwerty
456 views
Recall that in business, a demand function expresses the quantity of a commodity demanded as a function of the commodity's
3 answers
asked anonymously
48 views
Why is "Supply and Demand" the most important governing human behavior between 1860-1900?
1 answer
asked by
Leonardo
394 views
A period of bad weather hurt the orange groves in Florida, from where many of the oranges grown for juice come from. Supplies of
3 answers
asked by
Anonymous
1,449 views
Assume Felix is willing to par $8 for a Star Trek pizza cutter. Tim also wants one but would only be willing to pay $6 for it.
At
3 answers
asked by
jay
464 views
explain why you are willing to supply the most bicycles at the highest price.
2 answers
asked by
Tiffanie
516 views
There are 1,000 hot dog stands in Chicago at any given moment.
Due to health concerns, a significant number of families move out
1 answer
asked by
Kyle
420 views
A price ceiling is most likely to lead to a reduction in the volume of transactions as we move down the supply curve, below the
3 answers
asked anonymously
41 views
An increase in technology would cause the aggressive supply curve to shift left. false
3 answers
asked anonymously
43 views
An increase in technology would cause the aggressive supply curve to shift left. True or false
3 answers
asked anonymously
43 views
The Law of Supply (movement along the curve due to the price effect) occurs because
A) producers usually offer more for sale at
1 answer
asked by
Allison
436 views
explain the economic logic behind Opec's decision to reduce output
1 answer
asked by
Remo
356 views
Good X and good Y are substitutes. If the price of good Y increases, then the
1 answer
asked by
Anonymous
1,229 views
Which of these products or services is likely to have an inelastic supply in the short run?
A. cargo ships B. haircuts C.
2 answers
asked by
Tori Madison
664 views
1. According to the doctrine of supply, the amount---------- will increase as the _____ increase.
A. bought, cost B. supplied,
1 answer
asked by
Pedro Zabala
310 views
The price of butter increases. In 2-3 sentences, explain how a price increase in butter affects the demand for margarine.
1 answer
asked by
cassie
439 views
Market demand is given as QD = 200 – 3P. Market supply is given as QS = 2P + 100. Each identical firm has MC = 0.5Q and ATC =
4 answers
asked by
joane
2,441 views
Consider the market for trucks. Assume that the demand for trucks is given by
60 2 5 D Q P Y where P is price per truck and Y is
1 answer
asked by
des
501 views
If the demand for a good or service increases, how will prices affect supply?
(1 point) Rising prices will boost supply. Falling
3 answers
asked by
ppp
48 views
If the demand for a good or service increases, how will prices affect supply?
(1 point) O Rising prices will boost supply. O
3 answers
asked anonymously
49 views
Median income in a country rises by $5000 per year. The price of good X falls by $4. Quantity demanded for good x falls by
1 answer
asked by
sade
354 views
As there price increases what is likely to happen to the supply of the product and what is lie to happen to the demand of the
3 answers
asked by
Stacy
37 views
If the economy is at point C what is the cost of one more automobile?
One more forklift?
3 answers
asked by
Grace
1,435 views
What is a great thesis statement for how supply and demand affects urbanization
3 answers
asked by
Elizabeth
457 views
Suppose the supply and demand for a certain videotape are given by:
Supply: p=1/3q^2 Demand: p=-1/3q^2+48
4 answers
asked by
Latoya
1,017 views
Which of these products or services is likely to have an inelastic supply in the short run?
A. cargo ships B. haircuts C.
2 answers
asked by
Shawna
803 views
Graph A New Equilibrium:
Y axis represents Quantity (hours per semester) 0, 25, 50, 75, 100, 125, 150 X axis represents Price of
1 answer
asked by
Sanford
465 views
Professional sports players are generally paid much more than farmers, factory workers, engineers, and teachers. The markets for
2 answers
asked by
Quita
545 views
What would happen to the profit maximizing level of output if the market price suddenly rose to $54 per case? Explain why the
1 answer
asked by
Sharon
388 views
The market supply for potatoes in New York is 2,000 tons for a price of $200 a ton, and 5,000 tons for a price of $500 a ton.
1 answer
asked by
Joe
967 views
It is true when industries that cannot easily alter production levels have inelastic supply?
thanks,
1 answer
asked by
Lisa
264 views
A small grocery store sells fresh produce, which it obtains from a local farmer. During the strawberry season, demand for fresh
1 answer
asked by
Clarissa
1,056 views
In the short run, if the price of gasoline falls by 30% what effect does this have on the supply & demand curve?
1 answer
asked by
Sandra
356 views
entrepreneur edward is planning to open a business selling ice cream. he knows that the price of ice cream is determined by the
1 answer
asked by
Anonymous
386 views
describe the effects on cigarette consumption,using supply demand framework, of a anti-smoking media campaign and price support
1 answer
asked by
Titir
393 views
According to the doctrine of supply , the amount________ will increase as the _________decreases. I'm stuck on this question. I
1 answer
asked by
Laura
365 views
Supply is the quantity of products that would be offered for sale at all possible prices true or false
3 answers
asked anonymously
18 views
At any given time that the man for a product is greater than the supply available, the price will be higher true or false
3 answers
asked anonymously
31 views
4. Assume a drought in the Great Plains reduces the supply of wheat. Noting that wheat is a basic ingredient in the production
1 answer
asked by
Anonymous
950 views
Which of these products or services is likley to have an inelastic supply on a short run?
A. Cargo Ships B. Haircuts C. Staples I
6 answers
asked by
Anonymous
540 views
Suppose that for the firm below, the goods market is perfectly competitive. The market price of the product the firm produces is
2 answers
asked by
Anonymous
512 views
There are too many qualified cybersecurity professionals. There are no unfilled positions now, and there won’t be any unfilled
3 answers
asked by
THE ANSWER!!!
69 views
The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $170; the quantity demanded each
1 answer
asked by
Tre
781 views
Which of the following is a FALSE statement?
A. Changes in the price of inputs can cause a shift in supply. B. If the price of
2 answers
asked by
lalt
586 views
Which of the following illustrates what happens when supply and demand work as they should, according to Adam Smith? (1 point)
O
3 answers
asked anonymously
190 views
If an oil pipeline shuts down in Alaska, how does that affect the market for gasoline?
demand increase, decrease or supply
2 answers
asked by
Econ help please another ques
1,049 views
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