Answer:
<em><u>Higher</u></em>
<u>Explanation</u>:
This occurs because there tends to be greater demand for housing in Denver, but home owners supply of houses would be minimal, <em>thereby</em> reducing the availablity of homes.
This creates a situation where the law of demand and supply applies, thus leading to an even greater cost of housing above the price ceiling.
Answer: None of the above
Explanation: f the relative price of one unit of good y is 0.25 units of good z, it means that

Out of the given options none satisfy this condition, for
a. 

b. 

c. 

Therefore, none of the above options satisfy the relative price equation.
Answer: The correct answer is "A. 4 days.".
Explanation: Four days would be the lenght of an order cycle because the quantity of the order must be divided on the demand rate, that is,
80 (quantity of the order to be ordered) / 20 (normal demand rate) = 4 days.
Answer:
1. 80,000
2. $40 per barrel
Explanation:
1. As we can see from the table provided The equilibrium quantity in this market is 80,000 barrels of heating oil per day, as quantity demanded match quantity supplied
2. As we can see from the table provided The equilibrium price is $40 per barrel as in this cost there is an intersection of quantity demanded and quantity supplied. In other words the equilibrium price and quantity could be find out when the quantity demanded equal to quantity supplied