sallytfb2110 sallytfb2110

08-09-2020
Business

contestada

Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price, the new equilibrium price would be

Respuesta :

ewomazinoade ewomazinoade

09-09-2020

Answer:

$12

Explanation:

Equilibrium price is price at the point where quantity supplied equals the quantity demanded.

Please check the attached image for a table showing how equilibrium was found

Ver imagen ewomazinoade

Answer Link

Otras preguntas

An upper respiratory tract infection will primarily affect what sense?

How do you solve this ?

What does Hale want to achieve by asking John Proctor to recite the 10 Commandments?

Exchange of information, assessment, and collaboration are important stages of making a good business connection. What comes next? a. Finding investors b. Ask

When astronomers observe distant galaxies, they can tell the most of them are moving away from one another. In addition, the more distant the galaxies, the more

Which of the following accurately describes acids and bases in regard to ionization? A. When free hydrogen ions and free hydroxyl ions are removed from solutio

Substances with a higher temperature a. have less thermal energy. b. have more molecular disorder. c. become more orderly if heated more. d. will move therm

Nations sought possessions beyond their borders so they would not have to be self-sufficient. True False

In what way did classical Greek and Roman attitudes become part of Enlightenment thought?

Choose the sentence that demonstrates correct use of a dash