subject
Business, 04.03.2020 08:34 joe7977

9) In a free market economy, the market clearing (equilibrium) price in the above table would be:
A) $1.
B) $3.
C) $4.
D) $5.
10) According to the above table, a surplus exists when
A) the price is $1 per unit.
B) the price is $2 per unit.
C) the price is $3 per unit.
D) the price is greater than $3 per unit.


9) In a free market economy, the market clearing (equilibrium) price in the above table would be: A)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?
Answers: 3
question
Business, 21.06.2019 16:30
Achecklists should be based on past
Answers: 1
question
Business, 22.06.2019 06:10
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y
Answers: 1
question
Business, 22.06.2019 11:00
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
You know the right answer?
9) In a free market economy, the market clearing (equilibrium) price in the above table would be:
Questions
question
Mathematics, 06.12.2020 05:00
question
Mathematics, 06.12.2020 05:00
question
Physics, 06.12.2020 05:00
question
English, 06.12.2020 05:00
question
Mathematics, 06.12.2020 05:00
question
Mathematics, 06.12.2020 05:00