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If supply of a good
The law of supply states that an increase in the price of a good
a. decreases the demand for that good. b. decreases the quantity
1 answer
asked by
unknown 2.0
71 views
Suppose the market demand for good A given by Qd= 300 -20 P and the market supply for Good A is given by Qs=20P-100,where
1 answer
asked by
Kate
2,314 views
Which of the following sentences uses the word supply correctly? Answer choices A supply is the amount of goods or services a
1 answer
93 views
If the demand for a good or service increases Howell prices affect supply
Raising prices for a crease supply Raising prices for
1 answer
236 views
The market for Good X can be depicted with the following demand and supply equations:
Demand: P = 50 – 1/2Q Supply: P = 1/3Q
1 answer
asked by
Dina
1,068 views
An increase
in the price of a substitute good Y will lead to A. an outward shift in the supply of good X. B. an inward shift in
1 answer
asked by
AOL
123 views
An increase
in the price of a substitute good Y will lead to A. an inward shift in the supply of good X. B. an inward shift in
3 answers
asked by
AOL
125 views
The long-run supply curve for a good is a horizontal line at a price $3 per unit of the good. The demand curve for the good is
0 answers
asked by
Byron
986 views
The long-run supply curve for a good is a horizontal line at a price $3 per unit of the good. The demand curve for the good is
0 answers
asked by
Byron
551 views
The long-run supply curve for a good is a horizontal line at a price $3 per unit of the good. The demand curve for the good is
0 answers
asked by
Byron
659 views