With eight hours of work Elmer can produce 20 pounds of carrots or 15 pounds of peas. With eight hours Bugs can produce 10 pounds of carrots or 7.5 pounds of peas. Can Elmer and Bugs gain from trade? Defend your answer.

The graph shows excess demand. which needs to happen in order to stop disequilibrium from occurring? q needs to be coordinated with supply. q needs to be coordinated with demand. the price of goods needs to be increased. the price of goods needs to be decreased.

Now , use your research to decide what business is the best choice for this community. explain your choice in two to three sentences, using factual evidence to support your claim.

On a supply and demand graph, equilibrium is the point where the two curves meet. the supply curve begins. the supply curve ends. the demand curve ends.