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Supply and Demand
Page 3
Questions (1,044)
If the demand for a good or service increases, how will prices affect supply?
3 answers
asked by
someone
162 views
1. Supply and Demand. Elasticities.
Suppose you have the following information about the supply and demand in the market: QD =
1 answer
asked by
Kimi
775 views
suppose marijuana legalized in usa .what will happe to the quantity of marijuana (i.e purchased and sold )if the demand of
1 answer
asked by
tanvir
1,200 views
Explain the causes of abnormal supply
6 answers
asked by
Tomiloba
1,346 views
Causes of abnormal supply
18 answers
asked by
Edidiong
5,177 views
The supply of meat in Russia increases, causing meat prices to fall. Lower prices always means that Russian households spend
4 answers
asked by
Tami
1,581 views
A manufacturer of a certain brand of appliance estimates that he can sell 5000 units a year at Php 900.00 each and that he can
4 answers
asked by
Anonymous
4,319 views
The demand for your hand-made skateboards, in weekly sales, is q=-5p+600 if the selling price is $p. You are prepared to supply
4 answers
asked by
jimmy
5,068 views
A car rental agency rents 180 cars per day at a rate of 32 dollars per day. For each 1 dollar increase in the daily rate, 5
4 answers
asked by
JEUCD 12/1/11
2,401 views
A farm supply store carries 50-lb bags of both grain pellets and grain mash for pig feed. It can store 600 bags of pig feed. At
3 answers
asked by
Lucy
618 views
When supply increases and demand decreases, which of the following happens to the price of a good? A. it increases B. it stays
12 answers
asked by
Frankie Gains
1,825 views
Suppliers of a certain brand of digital voice recorders will make 10,000 available in the market if the unit price is $45. At a
4 answers
asked by
jj
1,482 views
If the demand function for a commodity is given by the equation p2 + 16q = 1200 and the supply function is given by the equation
3 answers
asked by
Jamie
6,746 views
Beachfront resorts have inelastic supply, and automobiles have an elastic supply. Suppose that a rise in population doubles the
6 answers
asked by
Shelle
3,094 views
Blossom’s Flowers purchases roses for sale for Valentine’s Day. The roses are purchased for $10 a dozen and are sold for $20
4 answers
asked by
Daniel
959 views
If the supply and demand functions for a commodity are given by
p − q = 10 and q(2p − 10) = 2100, what is the equilibrium
2 answers
asked by
Brett
953 views
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below P=400-.5x and
3 answers
asked by
Harold
5,119 views
A company can produce a toy bear at a cost of $5 per bear. When the company sells the bears at a price of $22, they can sell 480
2 answers
asked by
maria
482 views
Mandy finds she can get a discount on corn cobs if she buys in bulk. She can get 100 kilograms of
corn cobs for $160 from Matt,
4 answers
asked by
anonymous
935 views
What is the relationship between the price of a product and the quantity supplied?(1 point)
Responses Price and quantity supplied
3 answers
asked anonymously
63 views
A vertical supply curve is said to be _____.(1 point)
Responses relatively elastic relatively elastic relatively inelastic
3 answers
asked anonymously
55 views
What is the difference between supply and quantity supplied?(1 point)
Responses Supply is the total amount of goods available;
3 answers
asked anonymously
63 views
The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses quantity supplied decreases quantity
3 answers
asked anonymously
63 views
Find the consumers' surplus and producers' surplus for
p = D(x) = 71 - (1/10)x and p = S(x) = 35 + (1/20)x
3 answers
asked by
Cally
1,637 views
Read the passage and then answer the question.
In the third century BCE, the ancient Egyptians began growing a new type of wheat.
3 answers
asked by
Interesting...
46 views
Assume that the equation for demand for bread at a small bakery is Qd = 60 - 10Pb + 3Y, where Qd is the quantity of bread
3 answers
asked by
Jackie
1,655 views
Wheat farmers in Kansas would benefit from a devastating crop failure in N.Dakota if the U.S.demand for wheat?
is... a. inelastic
3 answers
asked by
Rosa
659 views
The following relations describe the supply and demand for posters.
Qd = 65,000 – 10,000 P Qs = -35,000 + 15,000P Where Q is
3 answers
asked by
Sharma
1,431 views
What is the reason that market prices are not always the same as equilibrium prices?
A. Market prices are often set by buyers
3 answers
asked anonymously
58 views
Assume in a market individual supply function of a commodity A is given by SA=4PA-6 and individual demand function is DA=8-2P.
2 answers
asked by
Tadu
188 views
The supply function for a product is
2p − q − 50 = 0, while the demand function for the same product is (p + 10)(q + 30) =
3 answers
asked by
Haris A Khan
842 views
Assume the market demand of 500mls of mineral water is given by: P=9–0.25Qd and the market supply being Qs=-12+12P. What is
3 answers
asked by
Daniel Maleek
591 views
The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in
3 answers
asked by
Mia
2,886 views
Suppose the demand and supply for milk are described by the following equations: QD = 600 - 100P; QS = -150 + 150P, where P is
2 answers
asked by
Suzy
920 views
1. Suppose that an increase in the price of carrots from $1.20 to $1.40 per pound raises the amount of carrots that carrot
3 answers
asked by
sarah
1,740 views
1.According to the law of demand, when the price of an item goes up, the quantity demanded
a. stays at the same level. c. falls.
6 answers
asked by
Candace
2,267 views
Question 10 (1.00 points)
Reference: F11061 Refer to the above diagrams, in which AD1 and AS1 are the "before" curves and AD2 and
5 answers
asked by
Anonymous
1,354 views
1.Which of the following is consistent with the law of supply?
a.As the price of calculators rises, the supply of calculators
3 answers
asked by
Trying
1,771 views
The invention of a machine that increases milk production is discovered. If farmers were to decry the effect of this new
2 answers
asked by
Kathy
914 views
the current position of the supply curve is Upper S 1
, and the price of a wireless earbud is $4. If the cost of inputs
2 answers
asked by
AOL
74 views
Consider the market for smartphones. Explain whether the following events would cause an increase or a decrease in supply
LOADING
10 answers
asked by
AOL
86 views
Consider the market for economics textbooks. Explain whether the following events would cause an increase or a decrease in
13 answers
asked by
AOL
112 views
the relationship between price and quantity supplied is positive or negative
3 answers
asked by
M
56 views
Malik cuts lawns in his neighborhood to earn some extra money. His neighbors agree to pay him $15.00 to take care of their lawns
3 answers
asked by
goodog
181 views
Who bears the burden under the following scenarios:
a)Perfect inelastic demand curve and normal supply curves b)Perfect elastic
3 answers
asked by
Evaristi Paulo
135 views
Which event would benefit toy producers rather than toy consumers
3 answers
asked by
A
175 views
A set of superhero figurines was very popular during the holiday season. Demand for these superhero figurines dropped
1 answer
asked by
help pls
436 views
How does creating increased competition, such as free trade zones, impact supply and demand?
A. The price of goods goes up due to
10 answers
asked by
Nya
1,032 views
what is abnormal supply
1 answer
asked by
Peace
437 views
There are simultaneous changes in the demand for and supply of tablet devices, with the consequences being an unambiguous
3 answers
asked by
AOL
44 views
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