subject
Social Studies, 30.03.2021 01:00 Likat681

A graph has Quantity on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect each other at a point which represents equilibrium. Point B on the demand line represents the quantity supplied, and point A on the supply line represents quantity demanded. Both points are at the same price point, which is above equilibrium. "A" represents the new quantity supplied, while "B" represents the new quantity demanded. What is the result of these changes? ✔ excess supply Based on this graph, what should happen to prices? ✔ They should fall.

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 22.06.2019 07:50
Atreatment for stuttering in which the person is asked to speak in a singsong fashion, usually with the aid of a metronome is
Answers: 1
question
Social Studies, 22.06.2019 11:40
Hypothetically speaking, you are assigned to a committee of three to decide on a dress code for campbellsville university staff and faculty. only two of the three votes are required to pass this policy. in this situation you are one of the two agreeing to a dress code. what steps might you take to gain the cooperation of the third party after the policy has been initiated.
Answers: 2
question
Social Studies, 22.06.2019 12:10
Epicureanism advocated reason and duty. select the best answer from the choices provided t f
Answers: 2
question
Social Studies, 22.06.2019 22:30
Which of the following do scientists believe about homo sapiens?
Answers: 1
You know the right answer?
A graph has Quantity on the x-axis and price in dollars on the y-axis. A line that represents supply...
Questions
question
Mathematics, 14.05.2021 01:50
question
Mathematics, 14.05.2021 01:50
question
Mathematics, 14.05.2021 01:50
question
Mathematics, 14.05.2021 01:50
question
English, 14.05.2021 01:50
Questions on the website: 13722367