Social Studies
Social Studies, 06.07.2019 07:30, ashleyd2473

What is the equilibrium price? a.$25 b.$20 c.$15 d. none

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Business, 16.07.2019 02:10, zakwolthuis
Spam is considered an inferior good. what would happen to the equilibrium price and quantity of spam if income decreased and more firms started producing spam? a. equilibrium price will go up and equilibrium quantity will go down. b. equilibrium price will go up and equilibrium quantity will go up. c. equilibrium price will go down and equilibrium quantity will be indeterminate. d. equilibrium price will be indeterminate and equilibrium quantity will go up. e. equilibrium price will go up and equilibrium quantity will be indeterminate.
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Business, 18.09.2019 04:00, malik1885
If income decreases and, at the same time, a new technology is discovered that lowers the cost of producing the good, which of the following will happen? a. the equilibrium quantity will increase. the equilibrium price will increase.b. cannot tell the change in equilibrium quantity. the equilibrium price will decreasec. the equilibrium quantity will decrease. the equilibrium price will increased. cannot tell change in equilibrium quantity. cannot tell the change in equilibrium price
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Business, 19.09.2019 21:30, HalpMahOnMahH0meW0rk
Assume that the price of rubber increased at the same time that michael jordan, arguably the best nba basketball player of all time, became famous. what do you expect to happen to the equilibrium price and equilibrium quantity of the basketball shoes that are promoted by michael jordan? a. equilibrium price will go up and equilibrium quantity will go down. b. equilibrium price will go up and equilibrium quantity will go up. c. equilibrium price will go down and equilibrium quantity will be indeterminate. d. equilibrium price will go down and equilibrium quantity will go up. e. equilibrium price will go up and equilibrium quantity will be indeterminate.
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Business, 19.09.2019 23:00, katie673
In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper crop for wheat at the same time that more people become allergic to wheat and all else is held constant, what will happen to the equilibrium price and quantity for wheat? a. the equilibrium price will go up and equilibrium quantity will go up. b. the equilibrium price will be indeterminate and equilibrium quantity will go up. c. the equilibrium price will go down and equilibrium quantity will be indeterminate. d. the equilibrium price will go up and equilibrium quantity will be indeterminate. e. the equilibrium price will be indeterminate and equilibrium quantity will go down.
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