This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The figure illustrates the market for pens. The equilibrium quantity is A) between 400 and 600 ... (Read 121 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
The figure illustrates the market for pens. The equilibrium quantity is
 
  A) between 400 and 600 pens, but it is impossible to be precise.
  B) 5 pens a month.
  C) 2 pens a month.
  D) 500 pens a month.

Question 2

Which of the following would not shift the supply curve?
 
  A) A rise in the price of the good
  B) A fall in the expected future price of the good
  C) A rise in the costs of production of the good
  D) A negative supply shock that destroys a portion of output


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


cabate

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

There are more bacteria in your mouth than there are people in the world.

(A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du (A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Some ignition coils are electrically connected, called married (top figure), whereas others use ... Some ignition coils are electrically connected, called married (top figure), whereas others use ...
Iraqi market Iraqi market
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library