Price Theory

Welcome to the "Price Theory" category on Questions LLC! Whether you are an economics enthusiast, a student studying economics, or simply curious about the fundamental principles that determine prices in various markets, this is the place for you. Price theory, often referred to as microeconomics, explores the relationship between supply and demand, market equilibrium, consumer behavior, and much more. In this category, you will find a wide range of questions, discussions, and insights related to price theory, providing a platform for knowledge-sharing and a deeper understanding of how prices are determined in different economic settings. So, explore the questions, engage in discussions, and enhance your understanding of the fascinating world of price theory.

Questions (9)

The manager of a 100 unit apartment complex knows from experience that all units will be occupied if the rent is $500 per month.
1. 5 answers
2. asked by Peter
3. 5,321 views
why are most prices not sticky?
1. 1 answer
2. asked by kene
3. 352 views
The total costs of a firm under perfect competition is given by the equationTC = 5, 000 + 4Q + 2Q2 and the market price is $100
1. 3 answers
2. asked by bernadette
3. 374 views
What is relative price?
1. 3 answers
2. asked anonymously
3. 40 views
What is achieved when supply meets demand?(1 point)Responses equilibrium price equilibrium price quantity price quantity price
1. 1 answer
2. asked anonymously
3. 23 views
Why do business seek and equilibrium price ?
1. 1 answer
2. asked anonymously
3. 12 views
price: the amount of money echanged for a good and service . imteraction of _______ and ________ determines price who aquires
1. 1 answer
2. asked anonymously
3. 8 views
2 of 32 of 3 ItemsQuestion How would a sudden increase in the price of canned soup affect people’s behavior? (1 point)
1. 1 answer
2. asked anonymously
3. 12 views
According to the logged demand, what role do low prices serve for buyers?A Supply B Reward C Substitute D Penalty
1. 1 answer
2. asked by Marysol
3. 4 views