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Author Question: FIGURE 3-4Refer to Figure 3-4. The market for 1-bedroom apartments in Collegetown will be in ... (Read 94 times)

acwiles

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on: Oct 12, 2022

Question 1




FIGURE 3-3

Refer to Figure 3-3. At a price of P1 there is excess ________ in the market for X and pressure for the price to ________.


◦ supply; fall
◦ demand; fall
◦ supply; rise
◦ demand; rise

Question 2




FIGURE 3-4

Refer to Figure 3-4. The market for 1-bedroom apartments in Collegetown will be in equilibrium at a price and quantity combination of


◦ $1000; 350 apartments.
◦ $800; 300 apartments.
◦ $600; 250 apartments.
◦ $1000; 300 apartments.
◦ $1400; 450 apartments.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by acwiles on Oct 12, 2022

Spike8502

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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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acwiles

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

chereeb

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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