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Author Question: The demand and supply schedules for a hypothetical Canadian market for barley are given ... (Read 41 times)

Sadjam2

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on: Oct 12, 2022

Question 1

A demand curve is a representation of the relationship, ceteris paribus, between quantity demanded of a product and
◦ supply.
◦ preferences.
◦ wealth.
◦ its price.
◦ income.

Question 2

The demand and supply schedules for a hypothetical Canadian market for barley are given below:

Price
($ per tonne)		Quantity Demanded
(million tonnes)		Quantity Supplied
(million tonnes)
100370300
125360325
150350350
175340375
200330400
225320425

TABLE 3-3

Refer to Table 3-3. If the price in this market was $100 per tonne, then the amount of barley actually purchased would be ________ million tonnes.
◦ 370
◦ 70
◦ -70
◦ 300
◦ 670
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Sadjam2 on Oct 12, 2022

khammond77

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Reply #1 on: Oct 12, 2022
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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Sadjam2

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Excellent

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