Answer: first of all you spelled “grad father” incorrectly it is “grandfather”
Explanation: you added a underscore but I don’t know what you mean do I need to fill in a blank but I hope you understand how to spell “grandfather” :)
The cow would be consuming 80 gallons of water during a hot day. If on any day the cow drinks 40 gallons on a hot day it drinks double the amount so you multiply them by 2 and its 80. I hope this answer can help you.
$8 and the equilibrium quantity is 300.- Cross between domestic demand and supply.
An equilibrium charge, additionally known as a market-clearing charge, is the patron cost assigned to a few services or products such that supply and call for are the same, or near the same.
In economics, financial equilibrium is a state of affairs wherein financial forces such as delivery and demand are balanced and in the absence of external impact, the values of monetary variables will not exchange.
The equilibrium price is the fee at which the amount demanded equals the quantity provided. it is determined via the intersection of the call for and supply curves. A surplus exists if the quantity of a good or carrier provided exceeds the amount demanded on the modern price; it causes downward stress on charge.
The question is incomplete. Please read below to find the missing content.
Refer to Figures 9-5. Without trade, the equilibrium price of carnations would be
a. $8 and equilibrium quantity would be 300.
b. $6 and equilibrium quantity would be 200.
c. $6 and equilibrium quantity would be 400.
d. $4 and equilibrium quantity would be 500
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Answer:
false ? hope its helpful .