Asked by Reeses
1. Why do businesses seek a 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
I think
1)B
2)D
3)D
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
I think
1)B
2)D
3)D
Answers
Answered by
Reed
I think you're correct on all three. That said, I'm not sure we have tutors who are economics teachers, so double-check your text materials if you are unsure. You can also "google" equilibrium pricing, etc.
Answered by
Anonymous
The correct answers are
D
D
C
D
D
C
Answered by
Reeses
Anonymous is correct. THANK YOU SO MUCH!! 100%, 4/4 (because number 2 is worth 2 points)
Answered by
PearsonConnexus
d
d
c
d
c
Answered by
Ms.Sue Husband
good job connexus students
Answered by
Loyal ;)
Ha!! If you were REALLY Ms.Sues husband you would know that she probably doesn't have a husband!! Ms does not indicate that your married!!! It would be Mrs!!!! :)))
Love ya boos!! <3
Love ya boos!! <3
Answered by
yeet
THANK YOU SO MUUUUUUUUUUUUUCH ANONYMOUSE YOU ARE SO AWESOME
TO ALL CONEXUS STUDENTS ANONYMOUSE IS CORRECT
TO ALL CONEXUS STUDENTS ANONYMOUSE IS CORRECT
Answered by
yeet
sorry anonymous i put an E at the end of your username
Answered by
Anonymous Is Right
D D C is correct for civics: lesson 7: unit 3
Answered by
Looking for a girlfriend
Yep anonymous is right
Answered by
Naruto Uzimaki
Anonymous is correct
Answered by
Connexus help
DDC
Answered by
https://discord.gg/yeFFxnD
thx alot i got 100%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answered by
OOf
thank you
Answered by
#AlwaysNeedstheAnswer
Anonymous you are so awesome and so helpful to everyone so thx so much you are my hero!!!!!!!!!
🤯
So you get my special emoji for special accasions
🤯
So you get my special emoji for special accasions
Answered by
DDC
1.D
2.D
3.C
2.D
3.C
Answered by
LOLLLLLLL!!!!!!!!!
ITS D LOLLLLLL
Answered by
Saylor Twift
D D C
Answered by
5starANSWERS
1. D
2. D
3. C
These are all correct. These answers is for connexus students.
2. D
3. C
These are all correct. These answers is for connexus students.
Answered by
Janiyah
the actual answer is ddc anonymous is not right, I got a 67 because of them
Answered by
connection student girl
thank y'all yes that the correct answer thank
Answered by
Jaylen B
thank you anonymous i got a 100%!!!!!!
Answered by
lily
ddc
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