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Author Question: Shifts in the Supply CurveThe table shows the quantity of tablets that is demanded and supplied at ... (Read 60 times)

krabuske

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on: Nov 23, 2022

Question 1

The Supply Curve

The table shows the supply schedule for socks.
PriceQuantity Supplied
10
215​
330​
445​
560​
Assuming that the supply of socks is linear, at what price is a quantity of 39 supplied? Round your final answer to two decimal places.
◦ $12.40
◦ $3.60
◦ -$585.00
◦ $585.00

Question 2

Shifts in the Supply Curve

The table shows the quantity of tablets that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
50120,000​100,000​
75112,500​102,500​
100105,000​105,000​
12597,500​107,500​
Assume that the new equilibrium price is $50. How much would quantity supplied need to increase at each price to reach this equilibrium?
◦ 5050
◦ 2550
◦ 20,000
◦ 112,499
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by krabuske on Nov 23, 2022

KobyRhoads

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Reply #1 on: Nov 23, 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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krabuske

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

pangili4

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Reply 3 on: Yesterday
Excellent

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