Business, 10.09.2019 23:30 sarah121868
How will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in a competitive market; that is, do price and quantity increase or decrease, or are the answers indeterminate because they depend on the magnitudes of the shifts?
a. supply decreases and demand is constant.
price:
quantity
b. demand decreases and supply is constant.
price:
quantity:
c. supply increases and demand is constant.
price:
quantity:
d. demand increases and supply increases.
price:
quantity:
e. demand increases and supply is constant.
price:
quantity:
f. supply increases and demand decreases.
price:
quantity:
g. demand increases and supply decreases.
price:
quantity:
h. demand decreases and supply decreases.
price:
quantity:
Answers: 2
Business, 21.06.2019 18:50
You are the manager of a firm that produces output in two plants. the demand for your firm's product is p = 20 − q, where q = q1 + q2. the marginal costs associated with producing in the two plants are mc1 = 2 and mc2 = 2q2. how much output should be produced in plant 1 in order to maximize profits?
Answers: 3
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During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
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In terms of precent, beer has more alcohol than whiskey true or false
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Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
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How will each of the following changes in demand and/or supply affect equilibrium price and equilibr...
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