$8 and the equilibrium quantity is 300.- Cross between domestic demand and supply.
An equilibrium charge, additionally known as a market-clearing charge, is the patron cost assigned to a few services or products such that supply and call for are the same, or near the same.
In economics, financial equilibrium is a state of affairs wherein financial forces such as delivery and demand are balanced and in the absence of external impact, the values of monetary variables will not exchange.
The equilibrium price is the fee at which the amount demanded equals the quantity provided. it is determined via the intersection of the call for and supply curves. A surplus exists if the quantity of a good or carrier provided exceeds the amount demanded on the modern price; it causes downward stress on charge.
The question is incomplete. Please read below to find the missing content.
Refer to Figures 9-5. Without trade, the equilibrium price of carnations would be
a. $8 and equilibrium quantity would be 300.
b. $6 and equilibrium quantity would be 200.
c. $6 and equilibrium quantity would be 400.
d. $4 and equilibrium quantity would be 500
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A word, phrase, or sequence that reads the same backwards as forwards, e.g. madam or nurses run.
Lord and Lady Capulet both have strong emotional reactions to Juliet's refusal to marry Parris. When Juliet gives her answer, Lord Capulet gives her an ultimatum: marry Parris or he'll disown her. Lord Capulet does not have a rational conversation or hear Juliet's concerns. Lady Capulet also reacts emotionally when she refuses to listen to her daughter as well.
To find the main idea, first read the paragraph or story and ask what the selection is about. While each piece of writing contains multiple details, it also contains one main topic that all of those details relate too. From there, come up with a statement that summarizes those details and that is the main idea.If the paragraph talks about alligators and how they make nests, hatch eggs, and care for their young, the main idea could be alligator reproduction.