Social Studies, 28.07.2019 05:20, selfiegymnast

Which of the following best describes the concept of "equilibrium price"? sellers are happy with the price, but buyers are unhappy with the quantity. sellers are unhappy with the price, but buyers are happy with the quantity. both sellers and buyers are unhappy with the price and quantity. both sellers and buyers are happy with the price and quantity.

answer

Answers: 1

Show answers

Similar questions

Предмет

Business, 22.06.2019 02:30, simplydimps22owbohb

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

Answers: 3

Предмет

Business, 14.10.2019 20:00, fabio37

Suppose that a market is described by the following supply and demand equations: qs = 2p qd = 180−p the equilibrium price in this market is $ , and the equilibrium quantity is units. suppose that a tax of t is placed on buyers, so the new demand equation is as follows: qd = 180−(p+t) the new equilibrium price is , and the new equilibrium quantity is . the price received by sellers , the price paid by buyers , and the quantity sold .

Answers: 1

Предмет

Business, 29.10.2019 07:31, Yomarie1104

Which of the following is not correct? select one: a. taxes levied on sellers and taxes levied on buyers are not equivalent. b. a tax places a wedge between the price that buyers pay and the price that sellers receive. c. the wedge between the buyers’ price and the sellers’ price is the same, regardless of whether the tax is levied on buyers or sellers. d. in the new after-tax equilibrium, buyers and sellers share the burden of the tax.

Answers: 3

Предмет

Business, 01.11.2019 04:31, perezsamantha3oqr0za

If the price of oil increases significantly, buyers and sellers of gasoline will both expect the price of gasoline to also increase. if sellers of gasoline act on their expectations more than the buyers do, then: a. the equilibrium price of gasoline will increase while the equilibrium quantity will decrease. b. the equilibrium price of gasoline will increase while the equilibrium quantity will increase. c. the equilibrium price of gasoline will decrease while the equilibrium quantity will decrease.d. the equilibrium price of gasoline will decrease while the equilibrium quantity will increase.

Answers: 3

Do you know the correct answer?

Which of the following best describes the concept of "equilibrium price"? sellers are happy with th...

Questions in other subjects:

Konu

Mathematics, 20.04.2021 04:40

If two cards are drawn without replacement from an ordinary deck, find the probability of and a being drawn. The probability of and a being drawn is ....

Konu

Mathematics, 20.04.2021 04:40

A rock sinks 160 feet in 20 seconds. Find the average rate of change per second....

Konu

Mathematics, 20.04.2021 04:40

Verify/Prove the Identity: (show work) (1-sin x)(1+sin x) = sec^2 x

Konu

Mathematics, 20.04.2021 04:40

Question 8 A rectangle has vertices at (0,0), (3,0), and (0,6). What is the area of the rectangle? I’ll mark you!

Konu

Mathematics, 20.04.2021 04:40

HELP NO LINKS NO FILES JUST ANSWERS DUE TODAY ...

Konu

Chemistry, 20.04.2021 04:40

How many grams of aluminum chloride would be made from 42.7 L of chlorine gas at STP reacting with 50 g of aluminum?...

Konu

Geography, 20.04.2021 04:40

Write a hypothesis that describes how temperature varies with soil and water. I don't want your hypothesis, I just don't understand what the question means when it asks me to des...

Konu

Chemistry, 20.04.2021 04:40

Reaction involves burning. This reaction requires energy to start, but it releases more energy than is required to start it. Oxygen is always a reactant, and the products are usu...

Konu

Chemistry, 20.04.2021 04:40

1. What is the volume of 4.50 moles of propane gas (C3H8 ) at STP? 2. How many moles of oxygen gas are there in 13.5 L of oxygen gas at STP? 3. What volume (in...

Konu

History, 20.04.2021 04:40

What happened to African Americans in the South after Reconstruction? Check all of the boxes that apply. ×They were prevented from voting. ×They became a powerful political...

Other tasks in the category: Social Studies More task