Question

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

Answer 1

1 and 3 - no
2 - yes

Answer 2

1 c
2 d
3 d

Answer 3

Right.

Answer 4

cdd is incorrect. the answers are
d
d
c

Answer 5

"correct" is right. the answers are ddc

Answer 6

Thx what question number
is ddc answers

Answer 7

I hope this is right I don’t wanna get. F

Answer 8

Yep it’s
1-d
2-d
3-c

Answer 9

im confuesed whats the answer

Answer 10

Yeah the answer is ddc I got a 100%

Answer 11

Anonymous Duh just look and see the answer is right in ur face

Answer 12

really Mason4life?

Answer 13

yes. UvU im a r e t a r d

Answer 14

yea you are go back to preschool weir do

Answer 15

Dude, grammar.

Answer 16

Is it just me or is I love Larry the same person as Mason4life just with a different name?

Answer 17

D
D
C

Answer 18

Yep still dcc✨

Answer 19

Oops I mean ddc

Answer 20

D
D
C
This is correct

Answer 21

Thanks “correct” the answers are 1D 2D 3C and this is for connection students in 6th grade!

Answer 22

its correct! the answer is d d and c TYSM EVERYONE I GOT A+ <3!~

Answer 23

WRITTEN ANSWERS:
1. it prevents shortages
2. it is not always practical
3. higher prices decrease quantity sold

Answer 24

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
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as always remember cheating isn't long-term! You should study on top of everything because sometimes you just can't cheat. Good luck!

Answer 25

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.

Answer 26

Noice

Answer 27

I swear if I get this wrong.........

Answer 28

never mind DDC is correct still

Answer 29

1.d
2.d
3. c
is the correct answer

Answer 30

Bobbbb is %100 correct

Answer 31

Thank you for verifying the correct answers.