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

Author Question: Effects of SurplusThe table shows the quantity of stuffed animals that are demanded and supplied at ... (Read 90 times)

tyratatyanna

  • Full Member
  • ***
  • Posts: 137
on: Nov 23, 2022

Question 1

The table shows the quantity of mystery books that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
5.0060​39​
5.2552​41.5​
5.5044​44​
5.7536​46.5​
6.0028​49​
Assume that at each price, quantity demanded decreases by 2.5 and quantity supplied increases by 8. What is the new equilibrium price and quantity?
◦ $5.25, 49.5
◦ $5.75, 49.5
◦ $5.25, 54.5
◦ $5.75, 54.5

Question 2

Effects of Surplus

The table shows the quantity of stuffed animals that are demanded and supplied at various prices:
PriceQuantity DemandedQuantity Supplied
196​21​
284​34​
372​47​
460​60​
548​73​
636​86​
Suppose the market price is set to $3. This market has a ________ (shortage/surplus) of stuffed animals equal to ________.
Suppose the market price is set to $6. This market has a ________ (shortage/surplus) of stuffed animals equal to ________.
◦ shortage, 25, shortage, 50
◦ surplus, 25, shortage, 50
◦ surplus, 25, surplus, 50
◦ shortage, 25, surplus, 50
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tyratatyanna on Nov 23, 2022

kaelamcrone

  • Full Member
  • ***
  • Posts: 167
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.
Answer Preview
Only 42% of students answer this correctly


tyratatyanna

  • Member
  • Posts: 137
Reply 2 on: Nov 23, 2022
Gracias!

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Side-effects of major chemotherapy agents Side-effects of major chemotherapy agents
CT scan of the head shows a massive bleed with a midline shift. CT scan of the head shows a massive bleed with a midline shift.
Animals and Language (1 of 2) Animals and Language (1 of 2)
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
Effects of Ac and Ds elements on gene expression Effects of Ac and Ds elements on gene expression
Video: Morphology of a tomato plant

For a complete list of videos, visit our video library