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enot [183]
3 years ago
6

An increase in the price of maple syrup will decrease both the equilibrium price and quantity in the market for pancakes.

Business
1 answer:
Svetllana [295]3 years ago
6 0
<span>An increase in the price of maple syrup will decrease both the equilibrium price and quantity in the market for pancakes. True

</span>
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Do all states have income tax
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not all of them

Explanation:

Most Americans file a state income tax return and a federal income tax return. The states with no income tax are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. If you live in one of those seven states, or New Hampshire or Tennessee, you may not need to file a state return.

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it decreased

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You and nine of your wealthy friends decide to purchase a local minor league baseball team. The purchase price is $15 million, 6
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Limited liability company

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3 years ago
Which of the following is a characteristic of economic services:
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useful

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i got it from USA test prep

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3 years ago
In long-run equilibrium, a purely competitive firm will operate where price is ________.
ahrayia [7]

Answer: The correct answer is "D. equal to MR, MC, and minimum ATC.".

Explanation: In long-run equilibrium, a purely competitive firm will operate where price <u>is equal to MR, MC, and minimum ATC.</u>

In perfect competition the companies are accepting price, therefore they will produce as long as the price is equal to the marginal cost and the marginal income thus ensures that the sale of each unit of product does not cost more than the profit obtained from the sale. of this and when the average total cost, that is, the total cost of producing each unit of product, is the least possible.

4 0
3 years ago
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