Business, 03.02.2020 23:53, loganshockley123
Recent rains increase the demand for kayaks, as paddlers want to take advantage of the exciting river conditions on the oconee river. new plastics technology makes kayaks less expensive to make. as a result, one should expect:
a- equilibrium price to rise, but equilibrium quantity to be indeterminate from the information given.
b- equilibrium price to fall, but equilibrium quantity to be indeterminate from the information given.
c- equilibrium price to be indeterminate from the information given, but equilibrium quantity to rise.
d- equilibrium price to be indeterminate from the information given, but equilibrium quantity to fall.
Answers: 1
Business, 22.06.2019 07:30, davidleew24
Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
Answers: 3
Business, 22.06.2019 19:00, whitbol
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
Business, 22.06.2019 23:00, vipergod07
Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution. a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent
Answers: 3
Recent rains increase the demand for kayaks, as paddlers want to take advantage of the exciting rive...
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