subject

Above is a supply & demand schedule that shows the number of pairs of socks that producers are willing to make at various prices, as well as the number of pairs that consumers are willing to purchase at each price. Using this chart, what would happen if the price of the socks was set at $2.50 a pair?

A.) No socks would be produced because it would be the equilibrium price

B.) a surplus

C.) All socks would sell because it would be the equilibrium price:

D.) a shortage

ansver
Answers: 1

Another question on Social Studies

question
Social Studies, 23.06.2019 04:10
How does sociology account for the cause of drug and alcohol addiction?
Answers: 1
question
Social Studies, 23.06.2019 11:30
Match the career choices to the personality traits they exhibit. tiles openness agreeableness extraversion conscientiousness pairs brian aspires to join politics and is a gifted speaker. arrowboth daphne aspires to be an investigative agent. arrowboth joe wants to pursue a career in industrial design where he wants to design cars. arrowboth jessica aspires to be a nurse and take care of the aging. arrowboth
Answers: 1
question
Social Studies, 23.06.2019 15:00
Atoy manufacturing company currently produces 100 toys each day. the workers at that company earn $15 per hour. however, the government establishes a minimum wage of $24 per hour. the company cannot afford to keep all its workers, so it lays off some employees. how many people lose their jobs? a. 14 b. 18 c. 23 d. 41
Answers: 1
question
Social Studies, 23.06.2019 18:00
The passage describes how cuneiform contributed to the mesopotamian civilizations. choose the correct words to complete the sentences.
Answers: 2
You know the right answer?
Above is a supply & demand schedule that shows the number of pairs of socks that producers are w...
Questions
question
Mathematics, 29.08.2019 18:30