Joe's shoe shop raises prices from the equilibrium price of $40 a pair to its new price of $60 a pair. (Shoes)

Answers

Answer 1

Answer: Prices that are above the equilibrium price means that there is a surplus, meaning; quantity supplied exceeded quantity demanded for. When the price is below the equilibrium price it means there is a shortage, i.e quantity demanded is more than the quantity supplied.

Explanation:

Prices that are above the equilibrium price means that there is a surplus, meaning; quantity supplied exceeded quantity demanded for. When the price is below the equilibrium price it means there is a shortage, i.e quantity demanded is more than the quantity supplied.

Probably, there has been much demand before that made Joe's shop increase their price above the equilibrium price thereby making their shoes now more than the demand in the market.


Related Questions

What are biomes and what do terrestrial mean?

Answers

Terrestrial biomes are based on land, while aquatic biomes include both ocean and freshwater biomes. The major types of biomes include: aquatic, desert, forest, grassland, savannas, and tundra

Support for deciding the Presidential election by a popular vote is a growing trend. When considering this map of the
*2000 Popular Vote by County" most political scientists belief a popular vote would only demonstrate the
A)
division between rural and urban voters.
B)
division between Democrats and Republicans.
divisions between young voters and older voters.
D)
divisions between blue collar and white collar voters.

Answers

Answer:

A

Explanation:

division between rural and urban voters.

A popular vote would drastically demonstrate the deep division between rural and urban voters. This would then turn campaigning into a battle for urban voters with little regard to the needs of rural and small town American voters.

14. Based on the excerpt, what was a reason that U.S. and U.K. forces
invaded Iraq in 2003?

Answers

to disarm Iraq of weapons of mass destruction, to end Saddam Hussein's support for terrorism, and to free the Iraqi people.

based on the passage, what are the teo most likely results of egypts succesful military campaigns in Nubia and Libya WILL MARK BRAINLIEST!!!!! <3 I attached the passage the answers are -

the Pharoah appointed a chief minister to assist him in the running of such a vast land.

The military development caused the Egyptians to ignore cultural and archaeological development.

Egypt devised a system to maintain friendly relations with the conquered lands.

The Pharoah proposed a pact with other neighboring lands to prevent them from attacking Egypt.

The Egyptians found it hard to adjust to life with people from Nubia and Libya who now shared their country.

Answers

Answer:

Egypt devised a system to maintain friendly relations with the conquered lands.

 The pharaoh proposed a pact with other neighboring lands to prevent them from attacking Egypt.

Explanation:

hope it helps!

advancement in the communication system has made the world a global village​

Answers

yes. it is stated that the increase in communication and technology and the advancement of these, has made the world a global village.....

LIKE AND MARK AS BRAINIEST..............

True or False 2. The Martians came and welcomed the Bittering family.

Answers

i don’t know what this is but false i guess

Why is many of the Caribbean islands not be found on a map

Answers

Answer:

because they are very small in size

help quickly pls! ill mark brainliest if correct :)

Answers

The black codes c I cause African American freedmen to be subject to segregation in the southern parts of the United States

Answer:

ITS B

Explanation:

Can you pls help me i'm running out of time
IT'S DUE TODAY

Answers

Working in retail you hope to have the best experience for the consumers

Help me please ASAP! This is a summative due tomorrow!!! Please don’t put anything down if you don’t know it! Or I will report you! What are two interesting historical facts about the Nation of Polynesia? Why are the facts interesting? One fact must include impacts of international relations about Polynesia.

Answers

Polynesian religion has changed dramatically with the arrival of European missionaries in the early nineteenth century. this is important because it shows how different religions can change with the span of new people. (before exposure in Europe), there were significant differences in ideas and religious practices throughout Polynesia. This fact is interesting because it shows that polynesia was in a divide and wasn’t unified in the are of religions and how so many people thought different things

pls help! i'll mark brainliest if correct :)

Answers

Answer:

The Civil War ended on May 9, 1865. ... Some southern states began actively passing laws that restricted the rights of former slaves after the Civil War, and Congress responded with the 14th Amendment, designed to place limits on states' power as well as protect civil rights.

Explanation:

hope you find this beneficial

Answer:

c-

Explanation:

choose as brainliest plis

10 problem and solution before going to foreign country​

Answers

Answer:

Explanation:

Hsjwkekekkfotgoogoyogotorroo

if it has actually helped u! mark me as the brainliest!!!

where is mesopotamia situated? ​

Answers

Answer:

Mesopotamia, Iraq

Explanation:

hope this helps

Which is not part of the D.E.C.I.D.E decision making process? O Choose a good option O Evaluate the results O Ignore other choices O Define the problem​

Answers

the o 100 percent the o your an idiot if you don't go with the o

Write an acrostic poem on the Bourbon Triumvirate

Answers

The term Bourbon Triumvirate refers to Georgia's three most powerful and prominent politicians of the post-Reconstruction era: Joseph E. Brown, Alfred H. Colquitt, and John B. Gordon. This trio practically held a lock on the state's U.S. Senate seats and governor's office from 1872 to 1890: Brown as a senator from 1880 until 1890; Colquitt as governor from 1876 through 1882, and as a senator from 1883 until 1894; and Gordon as a senator from 1872 until 1880, governor from 1886 until 1890, and senator again from 1891 until 1897. The political careers of all three men benefited from their service during the Civil War (1861-65); Brown had served as the governor of Confederate Georgia, and Colquitt and Gordon had both risen to the rank of major general in the Confederate army by the war's end

The acrostic poem on the Bourbon Triumvirate The three most influential and well-known politicians in Georgia during the post-Reconstruction era—Joseph E. Brown, Alfred H. Colquitt, and John B.

What is a poem?

A grouping of words, whether spoken or written: Traditionally a rhythmical writing with occasional rhymes that expresses feelings, thoughts, or experiences in a way that is more focused, creative, and potent than regular speech or prose: Some poems use the meter, while others use free verse.

The state's U.S. Senate seats and governorship: Brown served as a senator from 1880 to 1890, Colquitt served as governor from 1876 to 1882 and as a senator from 1883 to 1894, and Gordon served as a senator from 1872 to 1880,

The three most influential and well-known politicians in Georgia during the post-Reconstruction era—Joseph E. Brown, Alfred H. Colquitt, and John B. Gordon—are referred to as the Bourbon Triumvirate.

Therefore, By the acrostic poem on the Bourbon Triumvirate, The post-Reconstruction era—Joseph E. Brown, Alfred H. Colquitt, and John B.

Learn more about the poem here:

https://brainly.com/question/12155529

#SPJ2

please answer! if you give answer i’ll give brainliest

Answers

Answer:

I'm not sure I think B

Explanation:

if it's not the right one I'm so so sorry

____ is a large country that is only slightly smaller than the U.S

Answers

Answer:

ARGENTINA im like 99% sure lmk if it's wrong

A tentative prediction about the relationship between variables is a(n)
A. observation
B. method
C. hypothesis
D. finding

Answers

C. Hypothesis
You’re making a prediction so that is a hypothesis

Answer:

C. hypothesis

Explanation:

edge 2023

Which describes a way that early hunter-gatherers got food? A. They used chickens to lay eggs. B. They used tools to kill animals. C. They grew crops on farms. D. They grew seeds and nuts.

Answers

Answer: B. They used tools to kill animals.

Explanation:

The hunter gatherers were early humans who used to gather collectively to hunt big animals. The spears, bows and arrows made hunting and killing of animals easier. They kill animals to feed themselves. The scraping tools were used by these early humans to clean animal skin and the skin they used to make clothing and their own shelter. Harpoons were sharp pointed tools which were used to catch fishes.

glory was written over 1000 years ago but the exact date isnt known

Answers

Answer: True

Explanation: There isn't an exact day glory was known. hope this helps can u give me brainliest

Answer:true

Explanation:

How did the rest of the world react to Britain's response to India's peaceful 1 point
protests?
a. With support for great Britain.
b. with support for India c. with support for neither country.
d. with support for both countries

Answers

Answer:

Just did the quiz, the guy below me is very wrong and just wanted points. Answer is B. You're Welcome.

Explanation:

The rest of the world react to Britain's response to India's peaceful 1 point protests is with support for India. The correct option is (B).

What was Britain's response to Gandhi?

Gandhi was detained by the British, who then tried him. However, under pressure from Gandhi's throngs of admirers, British officials freed him and ultimately ended the unfair tax scheme.

Gandhi organized and led three significant actions in the Indian Independence Movement: the Salt Satyagraha and non-cooperation in 1930–1931; civil disobedience in 1940–1942; and the Quit India movement in the late 1940s.

In the end, the British administration came to the conclusion that India would be impossible to rule in the long run, and the challenge for the postwar age was how to depart gracefully.

Therefore, the rest of the world react to Britain's response to India's peaceful 1 point protests is with support for India.

To know more about the Britain's response, visit:

https://brainly.com/question/883664

#SPJ6

CER: What is the purpose of Black History Month? Why is it important? Use at least three pieces of evidence.

Answers

Black history month was created to honor and teach about different black heroes different black Americans inventors etc that helps shaped the way America looks today

what is---------- of the Japan is called the yen, it comes in both coins and paper bills.

Answers

Answer:

About the Japanese Yen: Bills and Coins in Japan Japan uses the Japanese yen, with the international symbol being ¥. Currently, there are 1,000 yen, 2,000 yen, 5,000 yen and 10,000 yen banknotes in circulation.

PLZ ANSWER I NEED THIS FOR TEST! I WILL GIVE EXTRA POINTS!!!

Discuss why Carl Vinson’s support for a strong Navy became important in the 1930s.

Answers

Answer:

Explanation:

Carl Vinson (November 18, 1883 – June 1, 1981) was an American politician who served in the U.S. House of Representatives for over 50 years and was influential in the 20th century expansion of the U.S. Navy. He was a member of the Democratic Party and represented Georgia in the House from 1914 to 1965. He was known as "The Father of the Two-Ocean Navy". He is the longest-serving member of the United States House of Representatives from the state of Georgia.[1]

what is national and regional party ​

Answers

Answer:

The difference is:

Explanation:

National parties are powerful in the nation, it deals with national issues

Regional parties’ power is limited to a specific region or state, only the issues and demands of a specific region are discussed by regional parties.

National parties’ actions offer preference to national issues over regional problems

Regional parties’ operations are confined to the country or the state in which they work, concentrating mostly on local issues.

A party must gain at least six percent of the total votes in lok sabha or assembly elections in four states in order to be a national party and win at least four seats in lok sabha.

A party has to receive at least six percent of the total votes in the legislative election to become a regional party and win at least two seats.

Instances of national parties are the BJP, Congress and BSP.

The instances of regional parties are Anta Dal, Manipur People Party, Assam United Decomcractic Front etc

Do you agree or disagree with the practice of social promotions? Why?

Answers

Answer:

Advocates of social promotion suggest that it is best to group students by age rather than by skill. ... Students who performed below that level and repeated third grade made significantly greater academic progress than similar students who were promoted.

Define los principales conceptos, sus características, las implicaciones y explica que implicaciones tuvo cada aspecto en la economía mundial a) keynesianismo b)neoliberalismo c)consenso de Washington

Answers

La respuesta correcta para esta pregunta abierta es la siguiente.

a) Keynesianismo.

El Keynesianismo es una de las teorías económicas modernas más populares de los últimos tiempos. Esta teoría fue concebida por el economista inglés John Maynard Keynes y se basa en el concepto de intervencionismo para salir de las crisis económicas producidas por los diversos ciclos económicos..

b) Neoliberalismo.

El Neoliberalismo es la corriente de pensamiento económico moderan que se basa en la idea de que el Estado no debe ser el dueño de los sistemas de producción, y por ende, favorece la privatización de las empresas para que éstas sean el motor y el eje del desarrollo económico.

Las políticas neoliberales apoyan el libre mercado, el libre comercio entre países, y el fomento a la propiedad privada.

c) Consenso de Washington.

En 1989, el economista británica John Williamson estableció 10 recomendaciones para que los países subdesarrollados pudieran salir de sus crisis económicas. Este consenso también lo formaron instituciones como el Fondo Monetario Internacional, la FED, y el Fondo Monetario Internacional, cuyas sedes están en Washington.  

The Georgia constitution has been re-written 10 times. Of those 10 re-writes, 7 were due to

Answers

10x7=70? is that what they meant?

what are the suggestion of political parties ?​

Answers

Answer:

i) The anti-defection law was introduced to curb the growing trend of elected representatives who changed political parties to become ministers or to get cash rewards.

ii) The affidavit requirement was an order passed by the Supreme Court as a measure to curb the challenge of money and muscle power.

iii) The third reform measure was made by the Election Commission where for all political parties it was mandatory to hold regular elections and also file their income tax returns.

Besides these, many suggestions are often made to reform political parties:

iv) It should be made mandatory for political parties to give a minimum number of tickets, about one-third, to women candidates. Similarly, there should be a quota for women in the decision-making bodies of the party.

v) There should be state funding of elections. The government should give parties money to support their election expenses. This support could be given in kind: petrol, paper, telephone etc. Or it could be given in cash on the basis of the votes secured by the party in the last election.

Explanation:

Hope this helps :D

Can someone help me with this please I will give lots of points

Answers

Answer:

read explaination

Explanation:

Its all of the choises execpt "most cities in the south were populated with 100,000"

Other Questions
help with this question please CVS cells a 6 ounce bag of takies for$2.10 what is the unit cost. IDEK MY TEACHER STAY TRYNNA BE COOL explain why Moorish Spain was considered one of the most advanced civilizations If the sum of two numbers is 67, and there difference is 33. The largest number is what? Choose all the responses that describe the possible problems that arose in Africa as a result of colonial division.A: Colonial divisions contributed to conflict over traditions among the groups partitioned together in Africa.B: Colonial divisions contributed to cultural unity across various ethnic groups that were partitioned by Europeans.C: Colonial divisions contributed to religious conflict among different groups that had been partitioned by Europeans.D: Colonial divisions contributed to the development of the African United Nations a body that further division in Africa.E: Colonial divisions contributed to difficult communication among states as groups partitioned together spoke many different languages. What is the answer? I need an Answer ASAP... 30 Brainly PointsWhat was the difference in educational opportunity for African Americans before and after Plessy v. Ferguson (1896)? In which of the following situations is a vehicle moving gradually?Required to answer.a. The ambulance zoomed in and out of the traffic along Route 3.b. The sled whooshed down the driveway, banking at each curve.c. The bulldozer inched forward toward the edge of the pit.d. The sailboat skipped merrily across the sunlit waves. what does an idiom try to tell you? write the product form of 3 a b V. Un e-mail. You and Sbastian have started corresponding by email. Below is Sbastians response to one of your recent messages. Complete his message with a logical verb from the list in the appropriate form of the present tense. Each verb is used only ONCE. adorer assister avoir habiter dtester (M) tre tudier expliquer passer jouer rentrer retrouver visiter quitter Salut! Je________ suis _____________(M)_ trs occup ce semestre parce que je_____________________ (1) cinq cours trs difficiles. Mon colocataire David et moi, nous _____________________ (2)un petit appartement. Nous ________________________ (3) la Facult de Droit et nous ______________________________________ (4) aux cours du lundi au vendredi. Dhabitude, nous ____________________________ (5) un ou deux examens par semaine. Je______________________________(6) mon professeur dthiques. Il ______________(7) trs bien alors jai de trs bonne notes. Malheureusement, mon colocataire et moi, nous _________________________________ (8 ) notre cours dconomie, cest trs difficile. Le matin, nous _____________________(9), notre appartement 7h30 et nous ______________________(10) tard vers 8h00 du soir. Le week-end cest plus amusant. David _____________________(11) son grand-pre a lhpital et moi je __________________( 12) des amis et nous ____________________________ (13)aux basket. A bientt! The space between the marginand startof paragraph is called Which statement is not true about the data shown by the box plot below?a.The median of the upper half of the data is 66.b. The data point 30 is the smallest element of the data.C.The median of the data is 58.d. The interquartile range is 26. Solve for X and round to the nearest tenth 2 of 6Brian and Colin are marking exam papers.Each set takes Brian 43 minutes and Colin1 hour. Express the times Brian and Colintake as a ratio in its simplest form. Rhonda has a USB drive that can hold 8 million bytes choose the best approximation of the number of bytes that Rhondas USB drive can hold roup of softball players are training on a square-shaped sports ground with sides measuring 100 yards each. The players run around for 10 minutes to warm up. How many laps around the sports ground do they run given their average speed is 5 yards per second? Please add an explanation. I will mark the brainliest to whoever's answer is best and YOU GET 50 Points. The distance from Cherotich's home to school is2km 400m. He goes to school in the morningand returns in the evening daily. What distancedoes he cover from Monday to Friday? Which of these beliefs most closely relates to humanism?belief in the importance of old ideasbelief in the authority of governmentbelief in the worth of the individualObelief in the strength of city-states PLS HELP BIG RESPONSE ALOT OF POINTS