Social Science Clinic => Economics => Microeconomics => Topic started by: Evvie72 on May 24, 2019
Title: The table below shows the three firms that are suppliers in the frozen yogurt market. PriceQuantity ...
Post by: Evvie72 on May 24, 2019
The table below shows the three firms that are suppliers in the frozen yogurt market.
Price
Quantity Supplied
($ per serving)
(1,000s of servings supplied)
YoYo
FunFro
Yummy
8.00
300
300
400
7.00
150
200
300
6.00
0
100
200
If the price in the market is $6.00, ◦ only 2 firms supply a total of 300 servings. ◦ 450 servings are supplied in the market. ◦ 600 servings are supplied in the market. ◦ all 3 firms supply a total of 900 servings. ◦ there will be a shortage of frozen yogurt.
Title: The table below shows the three firms that are suppliers in the frozen yogurt market. PriceQuantity ...
Post by: durant1234 on May 24, 2019