Answer:
77
Explanation:
The computation of the value of P is shown below:-
As we know that
at Market equilibrium,
Supply = Demand
So, the equation will be
Number of units supplied = Number of units in demand
2p - 8 = 300 - 2p
Now we solve it
2p + 2p = 300 + 8
4p = 308
p = 308 ÷ 4
= 77
Therefore we have solved the above equation to determine the value of the P
Answer:
Why did Europe initially desire to form a regional trading bloc? Europe was having economic problems and decided to join in regional integration to try and reduce the problem Critical Thinking Questions 1.
<span>A photograph of a person picking up a baby from a stroller to soothe her is printed next to an article about the abduction of babies. The type of ethical violation is that this is </span><span>infringing on a photograph. The photo will violate the right of the baby which is only picked by the photographer randomly. So the photograph will be sued by infringement. </span>
For a monopolist b. price is above marginal revenue.
<h3>What Is Marginal Revenue? </h3>
Marginal revenue can be regarded as increase in revenue which is been gotten from the sale of one additional unit of output.
As a monopolist that is the the only seller in the market, then their marginal revenue is usually above price because they don't have a competitor that is close enough.
Read more on Marginal Revenue here:
brainly.com/question/12231343
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Gatorade will have more competition to face and could make more profits with the introduction of this new drink
