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Mariana [72]
3 years ago
5

Refer to exhibit 4-5. if a free market were allowed in the transplanted kidney market, then the equilibrium price would be p2. t

he number of kidneys transplanted would increase by _________ compared to the number transplanted at a price ceiling of p= $0. (q3 - q2) q2 (q2 - q1) (q3 - q1)

Business
1 answer:
Paladinen [302]3 years ago
5 0

Answer: (q2 - q1).

Explanation:

A free market is an economic system whereby production of goods and services are being regulated by demand and supply forces. In this economic system, it should be noted that there's little or no intervention from the government.

If a free market were allowed in the transplanted kidney market, then the equilibrium price would be p2. The number of kidneys transplanted would increase by (Q2-Q1) compared to the number transplanted at a price ceiling of p= $0.

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In its first year of operations, Crane Company recognized $29,500 in service revenue, $6,100 of which was on account and still o
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Answer: See explanation

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8 0
3 years ago
Mark and Riley live in Orlando and decide to open a souvenir shop. They incorporate their shop, Sunshine Gifts, Inc., in the sta
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Mark and Riley live in Orlando and decide to open a souvenir shop. They incorporate their shop, Sunshine Gifts, Inc., in the state of Florida. In Florida, Sunshine Gifts would best be characterized as A domestic corporation.

<h3><u>What are domestic corporations ?</u></h3>
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8 0
1 year ago
Yehle Inc. regularly uses material Y51B and currently has in stock 457 liters of the material for which it paid $2,619 several w
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