This topic contains a solution. Click here to go to the answer

Author Question: The table shows the quantity of office space that is demanded and supplied at various ... (Read 39 times)

yulisa3298

  • Full Member
  • ***
  • Posts: 146

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
1.50540190
2.50450275
3.50360360
4.50270445
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
1000235.714286172.222222
1250200200
1500164.285714227.777778
1750128.571429255.555556
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


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
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
Thanks for the timely response, appreciate it


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Gracias!

 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library