Answer:
Crops would enjoy a longer planting season, and commodity prices would go down
Explanation:
To find the answer you will want to follow the rule of 70. The rule of 70 allows you to find the number of years it takes a variable to double.
In this situation, you would divide 70 by 3.5% (variable) giving you 20 years.
It would take approx. 20 years for the price level to double.
The governmental action which would eliminate some or all of the inefficiencies that results from monopoly pricing is; Choice B; Prohibiting the monopoly from price discrimination.
Discussion:
Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider(monopoly) in different markets.
In essence, when the government prohibits the monopoly from price discriminating, some of the inefficiencies of monopoly are eliminated.
Read more on monopoly;
brainly.com/question/7217942
Answer:
In equilibrium the maximum price set for a broken laptop to be sold is $600
Explanation:
According to the given data we have the following:
It is given that 40% laptops are in good condition. This implies that 60% are in bad condition.
In ordert to calculate the maximum price set for a broken laptop to be sold we would have to calculate the expected price that the buyers will be willing to pay for a laptop as follows:
Expected price=0.60($2000)+0.40($600)
Expected price=$1,200+$240
Expected price=$1,440
As the owners of good laptops are willing to sell their laptops for $1,800, whis is more that $1,440, they will not sell their products.
This implies that only bad laptops are sold in the market. The willingless to pay for the bad laptops is $600
Therefore, In equilibrium the maximum price set for a broken laptop to be sold is $600
Answer:
i would say Jiraiya
Explanation:
he was alone when ijt happen and was weak
