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marin [14]
3 years ago
8

You run a small classroom market experiment with only three buyers and three sellers. The willingness to pay​ (reservation value

) for buyer A is​ $7 for each​ unit; for buyer​ B, it is​ $5 for each​ unit; and for buyer​ C, it is​ $3 for each unit. The willingness to accept​ (reservation value) for seller X is​ $2 for each​ unit; for seller​ Y, it is​ $4 for each​ unit; and for seller​ Z, it is​ $6 for each unit. ​1.) Using the multipoint curve drawing tool​, draw the demand curve for this market. Label the curve appropriately. ​2.) Using the multipoint curve drawing tool​, draw the supply curve for this market. Label the curve appropriately. ​(Hit the​ "Esc" key after you have plotted your last point to exit the drawing​ tool) Carefully follow the instructions​ above, and only draw the required objects.

Business
1 answer:
BabaBlast [244]3 years ago
7 0

Answer:

Please see attachment .

Explanation:

Please see attachment .Please note that the sketch for supply and demand curves  are staircase shaped.

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Kenji is another investor who currently owns shares of ESolver stock. He would like to place a particular kind of limit order, i
Mars2501 [29]

Answer: Fill or kill order

Explanation:

A fill or kill order is used when an individual or firm wants to either buy or sell a stock and in such cases, the order must be done as quickly as possible in its entirety.

If the order isn't done immediately at the price that has been specified or a price that's more than the specified price, such order is cancelled. Also, for a fill or kill order, partial execution isn't applicable.

4 0
3 years ago
Book Values versus Market Values In preparing a balance sheet, why do you think standard accounting practice focuses on historic
Pachacha [2.7K]

Answer:

Historical costs is objectively and precisely measured, whereas market values can be difficult to estimate, and different analysts would come up with different

values.

Explanation:

In preparing a balance sheet it is customary for a company to value the assets and other items based on historical costs rather than market values.

For example if an asset is purchased at $20,000, this value will reflect in the balance sheet in subsequent years. Or future calculation will be based on this.

Let's say yearly depreciation is $1,000 then after on year the value will be $19,000, after two years $18,000 and so on.

This is more object than market value which varies at any one time.

Market value for an item will vary depending on location and the market.

6 0
3 years ago
Which change is illustrated by the shift taking place on this graph?
pantera1 [17]

Answer:

i just took this quiz its B

Explanation:

7 0
4 years ago
Read 2 more answers
Scenario 1: Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned
Trava [24]

Answer:

This change in the tax treatment of saving causes the equilibrium interest rate in the market for loanable funds to <u>DECREASE</u> and the level of investment spending to <u>INCREASE</u>.

Explanation:

Since the tax rates on savings decreased, more money will be available for saving which will increase the supply of loanable funds. When the supply of any good or services increases, its price decreases. In this case, the price of money is the interest rate.

Since the interest rate decreases, the total quantity demanded for loans will increase, increasing the level of investment spending.

3 0
3 years ago
FREE 100 POINTS HOW DO YOU MAR BRAINLIEST
bonufazy [111]

All you gotta do is have two answers first, and then choose which answer you find is the best or most helpful, and there will be a crown in the corner somewhere.

6 0
3 years ago
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