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kap26 [50]
4 years ago
11

When supply goes down and/or consumer demand goes up, what usually happens to the price?

Business
2 answers:
padilas [110]4 years ago
8 0
I think the price may go up because if demand goes up and supply go down people will pay more for it Hope this helps
Mashcka [7]4 years ago
6 0

demand decreases, and supply increases. This is easy, the price will drop for sure, but if supply curve shifts right a lot more than the demand curve shifts left, then the new equilibrium point will mean more quantity is supplied at a much lower price. demand increases, and supply decreases.

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Explanation:

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5 0
3 years ago
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A bond that pays interest semiannually has a coupon rate of 5.08 percent and a current yield of 5.37 percent. The par value is $
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Answer:

$997

Explanation:

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<em>Note : I am using a financial calculator here</em>

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4 0
3 years ago
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4 0
4 years ago
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7 0
3 years ago
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Credit life Insurance

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