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Author Question: The table shows the quantity of office space that is demanded and supplied at various ... (Read 133 times)

yulisa3298

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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
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Marked as best answer by yulisa3298 on Nov 23, 2022

brunoanthony

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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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yulisa3298

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

rleezy04

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Reply 3 on: Yesterday
:D TYSM

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