1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
3 years ago
9

Consider the following demand and supply schedules for coffee. Price per cup Quantity demanded (cups) Quantity supplied (cups) $

9 2 10 $7 4 8 $5 6 6 $3 8 4 $1 10 2 What is the price when the market is in equilibrium?
Business
1 answer:
melisa1 [442]3 years ago
7 0

Answer:

$5

Explanation:

Equilibrium is when the quantity demanded equals the quantity supplied.

At $5, quantity demanded = quantity supplied = 6

At the other prices, quantity demanded isn't equal to quantity supplied.

I hope my answer helps you

You might be interested in
At what points do the roles of the architect and the engineer intersect? (Select all that apply.) staying within constraints of
ehidna [41]
The first and last one, the ones with the budget, and the one with the functional goals
4 0
4 years ago
Coronado Company purchased equipment and these costs were incurred: Cash price $64600 Sales taxes 4000 Insurance during transit
worty [1.4K]

Answer:

$70,050

Explanation:

The computation of the acquisition cost of the equipment is shown below:

= Cash price + sales tax + insurance during transit + installation and testing

= $64,600 + $4,000 + $610 + $840

= $70,050

We simply added the all given cost as it is included in the acquisition cost and the same is to be considered

Hence, the acquisition cost is $70,050

5 0
3 years ago
Suppose the economy initially produces 15 million pounds of food and 400,000 tons of coal, which is represented by point
sweet [91]

<em>I believe the answer to your question is A. The opportunity cost of producing an additional 5 million pounds of food.</em>

8 0
3 years ago
True or False: Living expenses aren't considered startup costs.
GuDViN [60]
Yes ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎
6 0
3 years ago
Read 2 more answers
Joel his looking to open an account that allows him to withdraw cash frequently at no penalty in order to pay his monthly bills.
Nady [450]

Answer:

Traditional Checking account

Explanation:

I did the test and got it right

8 0
3 years ago
Other questions:
  • Which of the following statements is correct?a. Capital gains earned in a share repurchase are taxed less favorably than dividen
    10·1 answer
  • Crowding out occurs when​ _______.
    15·2 answers
  • the following information pertains to Sunland Company. 1. Cash balance per bank, July 31, $7,688. 2. July bank service charge no
    8·1 answer
  • The substitution effect is the change in the quantity demanded of a good that results fromâ ______________, holding constant the
    6·1 answer
  • When evaluating a new project, firms should include in the projected cash flows all of the following EXCEPT:
    13·1 answer
  • In 2010, $1.00 U.S. bought 8.24 Chinese yuan and in 2012 it bought 6.64 Chinese yuan. How many U.S. dollars could 1 Chinese yuan
    8·1 answer
  • At December 31, 2016, House Co. reported the following information on its balance sheet.
    15·1 answer
  • Justin bikes to work each morning and takes a time saving short cut using a path at the back edge of the parking lot of Manny's
    10·1 answer
  • The concept of market conduct includes such things as ____.
    7·1 answer
  • On January 1, a company issues bonds dated January 1 with a par value of $300,000. The bonds mature in 5 years. The contract rat
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!