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Dimas [21]
3 years ago
5

A market supply curve is determined by a. finding the average price at which sellers are willing and able to sell a particular q

uantity of the good. b. vertically summing individual supply curves. c. finding the average quantity supplied by sellers at each possible price. d. horizontally summing individual supply curves.
Business
1 answer:
ArbitrLikvidat [17]3 years ago
6 0

Answer:

d. horizontally summing individual supply curves.

Explanation:

Each firm will have its own supply curve depicting the relationship between the price and the quantity of goods it is willing to produce at that given price. The market supply curve is obtained by aggregating the different firm supply curves i.e. the total quantity suppliers are willing to produce when the product is sold for a given price.

Based on the above, option d is the correct answer.

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Hope these help!!!




4 0
3 years ago
Why would a smart person keep at least a $100 balance in their checking account
Delvig [45]
It’s going to be A and it’s self explanatory so i don’t have an explanation
8 0
3 years ago
Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. c. price elasticities of demand
Aleksandr-060686 [28]

Answer:

The correct answer is (A)

Explanation:

Normally, goods which close substitutes tend to have more elastic demand as it is easier to switch from one brand to another because they are close substitutes. For example, if the price of Pepsi increases the consumers will easily shift towards Coca-Cola. So, close substitutes are price sensitive and they have high elastic demand compared to other goods.

4 0
3 years ago
Who is this a random girl from the web or some one else
djverab [1.8K]
Random girl from the web.
4 0
3 years ago
Read 2 more answers
A stock listing contains the following information: P/E 17.5, closing price 33.10, dividend .80, YTD% chg 3.4, and net chg of -.
Mazyrski [523]

Answer:

B. I and III only

Explanation:

I. The stock price has increased by 3.4% during the current year.

YTD% chg 3.4% means share price change by the rate of 3.4%.

III. The earnings per share are approximately $1.89.  

P/E ratio = 17.5

Closing price = $33.10

EPS = $33.10 / 17.5

       = $1.89.

Therefore, The correct option is I and III only.

7 0
3 years ago
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