1 and 3 - no
2 - yes
1. Why do businesses seek an equilibrium price?
A. It ensures that competitors cannot offer lower prices
B. It attracts the largest possible number of consumers to the business ••
C. It provides the highest possible prices that consumers will pay for each product
D. It prevents shortages and surpluses by producing the right number of goods for the right price.
2. What is a reason that market prices are not always the same as equilibrium prices?
A. Market prices are often set by buyers rather than by sellers
B. Supply and demand are not well-understood by business owners
C. The equilibrium is not always the most profitable price point
D. Market prices sometimes reflect the relative prices of competitors rather than equilibrium••
3. How do markets keep producers from increasing prices?
A. Higher prices cause demand shifts
B. Higher prices cause supply shifts
C. Higher prices decrease quantity sold ••
D. Higher prices decrease consumer demand
31 answers
1 c
2 d
3 d
2 d
3 d
Right.
cdd is incorrect. the answers are
d
d
c
d
d
c
"correct" is right. the answers are ddc
Thx what question number
is ddc answers
is ddc answers
I hope this is right I don’t wanna get. F
Yep it’s
1-d
2-d
3-c
1-d
2-d
3-c
im confuesed whats the answer
Yeah the answer is ddc I got a 100%
Anonymous Duh just look and see the answer is right in ur face
really Mason4life?
yes. UvU im a r e t a r d
yea you are go back to preschool weir do
Dude, grammar.
Is it just me or is I love Larry the same person as Mason4life just with a different name?
D
D
C
D
C
Yep still dcc✨
Oops I mean ddc
D
D
C
This is correct
D
C
This is correct
Thanks “correct” the answers are 1D 2D 3C and this is for connection students in 6th grade!
its correct! the answer is d d and c TYSM EVERYONE I GOT A+ <3!~
WRITTEN ANSWERS:
1. it prevents shortages
2. it is not always practical
3. higher prices decrease quantity sold
1. it prevents shortages
2. it is not always practical
3. higher prices decrease quantity sold
Sacrificed my grade for this one but I'm back Connexus fam!
as of 12.14.2021
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1). It provides the highest possible prices that consumers will pay for each product.
2). It is not always practical for businesses to change their prices on a daily basis in order to affect the equilibrium price.
3). Higher prices decrease customer demand
***************************************************************************
as always remember cheating isn't long-term! You should study on top of everything because sometimes you just can't cheat. Good luck!
as of 12.14.2021
*************************************************************************
1). It provides the highest possible prices that consumers will pay for each product.
2). It is not always practical for businesses to change their prices on a daily basis in order to affect the equilibrium price.
3). Higher prices decrease customer demand
***************************************************************************
as always remember cheating isn't long-term! You should study on top of everything because sometimes you just can't cheat. Good luck!
guys look at the likes. 9 times out of 10 the correct answers will have the most likes and the wrong ones will have the most dislikes.
Noice
I swear if I get this wrong.........
never mind DDC is correct still
1.d
2.d
3. c
is the correct answer
2.d
3. c
is the correct answer
Bobbbb is %100 correct
Thank you for verifying the correct answers.
1 answer