Social Studies, 30.03.2021 01:00, Likat681

A graph has Quantity on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect each other at a point which represents equilibrium. Point B on the demand line represents the quantity supplied, and point A on the supply line represents quantity demanded. Both points are at the same price point, which is above equilibrium. "A" represents the new quantity supplied, while "B" represents the new quantity demanded. What is the result of these changes? ✔ excess supply Based on this graph, what should happen to prices? ✔ They should fall.

Answers: 2

Show answers

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 02:50, liannaswitzer

Why was frederick douglass encouraged by the dred scott decision?

Answers: 1

continue

Social Studies, 22.06.2019 11:00, Banana2819

Why would be a good national slogan that people could identify with and rally behind

Answers: 3

continue

Social Studies, 22.06.2019 20:10, chammusa2

Which action would the president's political party most likely take to resolve this issue

Answers: 1

continue

Social Studies, 22.06.2019 22:30, jimarieb08

Hegyes was driving her car when it was negligently struck by a unjian enterprises truck. she was injured, and an implant was placed in her body to counteract the injuries. she sued unjian, and the case was settled. two years later hegyes became pregnant. the growing fetus pressed against the implant, making it necessary for her doctor to deliver the child 51 days prematurely by cesarean section. because of its premature birth, the child had a breathing handicap. suit was brought against unjian enterprises for the harm sustained by the child. was the defendant liable?

Answers: 1

continue

Do you know the correct answer?

A graph has Quantity on the x-axis and price in dollars on the y-axis. A line that represents supply...