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Author Question: The table shows the quantity of office space that is demanded and supplied at various ... (Read 37 times)

yulisa3298

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Question 1

Price Ceilings and their Consequences

The table shows the quantity of bread that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
1.50540190
2.50450275
3.50360360
4.50270445
The government sets a price ceiling at $2.50. The price ceiling causes a ________ (shortage/surplus) of ________.
◦ shortage, 175
◦ surplus, 350
◦ shortage, 350
◦ surplus, 175

Question 2

The table shows the quantity of office space that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
1000235.714286172.222222
1250200200
1500164.285714227.777778
1750128.571429255.555556
The government sets a price ceiling at $1500. The price causes a ________ (shortage/surplus) of ________.
◦ shortage, 63.4920635
◦ surplus, 63.4920635
◦ shortage, 0
◦ surplus, 164.285714


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Marked as best answer by yulisa3298 on Nov 23, 2022

brunoanthony

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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yulisa3298

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)


triiciiaa

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Reply 3 on: Yesterday
:D TYSM

 

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