4 years ago

What does Trump's tax plan do and effects

1 answer:

3 0

Answer: and the Republican Congress set out to re-write the tax code, their goals were simple enough: Lower tax rates, juice the economy, reward some taxpayers while punishing others. ... Residents of states with high property

Explanation:

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the graph shows the supply and demand curves for a certain product, which has a current selling price of $400. The laws of suppl

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Answer: A: The current selling price matches the product's equilibrium price.

Explanation:

The graph is attached for a better analysis.

From the graph, we can see that the Equilibrium price is $400 while the equilibrium quantity supplied and Equilibrium quantity demanded is 4000.

Since the current selling price is $400 and the equilibrium price is $400 as well, then we can say that the current selling price matches the product's equilibrium price.

Therefore, the correct option is A.