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Anika [276]
3 years ago
14

Help thanks yo *************************

Business
2 answers:
Allushta [10]3 years ago
8 0

i would say E) cause that 28 people that work when it was raised to $25

Nimfa-mama [501]3 years ago
7 0

Just read the graph. The cross point indicates that supply and demand intersect and read down. The x axis shows the equilibrium point to be 16, but it is a supply demand problem. At equilibrium there are just enough workers to fill the needs of the employers.

This is a tricky question. Don't get caught. The answer is 28 people are willing to go to work for this amount, but employers are only willing to hire 9. The government is not doing the other 19 any kind of favor when employers don't hire anyone. In fact they will likely look for ways to let people go.

E:28


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If a perfectly competitive firm decreases production from 11 units to 10 units and the market price is $20 per unit, total reven
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January ( 39,000 x 55%)              $21,450  

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February ( 44,000 x 15%)            $6,600

January ( 32,000 x 85%)             $27,200  

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