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If the average market price
If the supply of a pair of jeans is less than what would meet customer demand, what would likely happen to the average market
1 answer
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If the supply of a pair of jeans is less than what would meet customer demand, what would likely happen to the average market
1 answer
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Let f(p) be the average number of days a house stays on the market before being sold for price p in $1,000s. Which statement
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3. Given market demand Qd = 50 - P, and market supply P = Qs + 5
A) Find the market equilibrium price and quantity? B) What would
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Let f(p) be the average number of days a house stays on the market before being sold for price p in $1,000s. Which statement
1 answer
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An economist would most likely define a PRICE TAKER as a business that
Group of answer choices accepts the market price, and
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A basketball or some stadium holds 20000 people. On average 140000 come to see the match. Average ticket price is $75. market
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asked by
Alisha
766 views
If the average market price for an item is higher than the equilibrium price, which of the following is likely to take place?

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If the average market price for an item is higher than the equilibrium price, which of the following is likely to take place?
A.
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Persons in a market who have no influence on the market price are called _________________.
Price searchers. Price makers. Price
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asked by
Dontillia
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