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

Author Question: The table shows the quantity of office space that is demanded and supplied at various ... (Read 105 times)

yulisa3298

  • Full Member
  • ***
  • Posts: 146
on: Nov 23, 2022

Question 1

Price Ceilings and their Consequences

The table shows the quantity of bread that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
1.50540​190​
2.50450​275​
3.50360​360​
4.50270​445​
The government sets a price ceiling at $2.50. The price ceiling causes a ________ (shortage/surplus) of ________.
◦ shortage, 175
◦ surplus, 350
◦ shortage, 350
◦ surplus, 175

Question 2

The table shows the quantity of office space that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
1000235.714286​172.222222​
1250200​200​
1500164.285714​227.777778​
1750128.571429​255.555556​
The government sets a price ceiling at $1500. The price causes a ________ (shortage/surplus) of ________.
◦ shortage, 63.4920635
◦ surplus, 63.4920635
◦ shortage, 0
◦ surplus, 164.285714
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 yulisa3298 on Nov 23, 2022

brunoanthony

  • Full Member
  • ***
  • Posts: 169
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 29% of students answer this correctly


yulisa3298

  • Member
  • Posts: 146
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

The percentage of women who have cohabited by the age of 45 for 17 countries shows that the ... The percentage of women who have cohabited by the age of 45 for 17 countries shows that the ...
Copiers should meet the particular needs of the medical office. Copiers should meet the particular needs of the medical office.
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
Assist recipient into side-lying position. Woman sits on edge of table holding drape to cover her ... Assist recipient into side-lying position. Woman sits on edge of table holding drape to cover her ...
This image shows a normal third-trimester fetal brain This image shows a normal third-trimester fetal brain
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library