Assume the market for paper plates is perfectly competitive and currently in equilibrium. If the demand increases while the supply decreases, then we can be certain that:. a. the equilibrium price will increase.
b. the equilibrium quantity will increase.
c. both price and quantity will increase.
d. both price and quantity will decrease.

the answer is: guns or butter

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-lavira : )

in terms of experimental research, mcdonald’s charging different prices in the two cities relates to

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"