Excel memory company can sell all units of computer memory x and y that it can produce, but it has limited production capacity. it can produce two units of x per hour or three units of y per hour, and it has 4,000 production hours available. contribution margin is $5 for product x and $4 for product y.

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

In a "dutch auction" for new stock, individual investors place bids for shares directly. each potential bidder indicates the price he or she is willing to pay and how many shares he or she will purchase at that price. the highest price that permits the company to sell all the shares it wants to sell is determined, and this is the "market clearing price." all bidders who specified this price or higher are allowed to purchase their shares at the market clearing price. true false

Select each of the reasons for becoming financially literate. saves you money reduces stress causes you to choose high-risk investments you make smart decisions reduces your risk of losing money you reach your goals