Where would the equllbrillim price be located, and how much is the equllbrillim price?
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ANSWER:
Hindi ko Kaya anong grade po ba iyan
Answers:
The equilibrium price is located at the intersection of the supply and demand curves.The equilibrium price is $8=============================================================
Explanation:
Visually, the two curves cross at (x,y) = (60,8) where x is the quantity and y is the price. This is known as the equilibrium.
In the third row of each table, we have the same pair of values $8 and 60 in that exact order. This leads to finding the equilibrium without using the graph.
Something like the first row wouldn't work because the first table shows $2 and 10, while the second table has that same row showing $12 and 10. There isn't a match.
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Extra info (optional section)
If the price is below equilibrium, then suppliers don't have much incentive to produce. This means they'll produce less. At the same time, demand will increase since price and quantity demanded go in opposite directions. Having more people demand for something that's in short supply is known as a shortage. Think of a bunch of people at a mall and there's a mad rush for one very rare item. If people really wanted that item, then they'll outbid each other to raise the price until it reaches some stable point. This idea is applied on a much larger scale.
If the price is above equilibrium, then suppliers will produce too much goods and demand will be lower. In this case, we have surplus and that will lower the cost of the goods eventually assuming there aren't external forces to keep the price afloat. The price will eventually drift down to equilibrium. An example could be that a store has too many coats and it's getting closer to the warmer spring weather, so they heavily discount the coats. Low demand on the large supply of coats lowers the price of those items.
As you can see, the equilibrium price is effectively a game of tug-of-war between the suppliers and consumers (those who demand and purchase a product). It's the middle ground, so to speak, between the two parties.
Related Questions
Describe the population distribution in Guyana
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More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.
The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
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Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
bro r u kidding me smh
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Answer: THATS SO F-U-C-K-I-N-G STUP.ID!!!!!!!!! HOW HARD IS IT FOR THEM TO GIVE YOU MORE TIME!!!!!!!!!
Explanation:
Answer:
But from the screenshot it seems like you spent alot of time on ur work, and they still give you an F and D?! That's literally messed up. ur teachers should understand :/
which part of our body is affected by plogue pose?
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Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
Learn more about "exercise" here :
https://brainly.com/question/1365564
What is the education level of a majority of the Power, Structural, and Technical Systems workers?
associate's degree or vocational school degree
bachelor's degree or apprenticeship
bachelor's degree or master's degree
master's degree or vocational school degree
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Answer:
B- Bachelor's degree or apprenticeship
Explanation:
Took the test, gl! :)
Answer:
Bachelor degree
Explanation: