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svetoff [14.1K]
3 years ago
9

Suppose a market is initially in equilibrium and demand decreases. The producer surplus will:_____.

Business
1 answer:
ladessa [460]3 years ago
6 0

Answer:

c. be lower since the price is lower and equilibrium moves down along the supply curve.

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What are five foundations of economics?
koban [17]

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incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

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The management accountant at light manufacturing oversees the​ company's dayminustominusday operations at the firm. the manageme
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The above is an example of directing

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É uma estratégia competitiva que busca alcançar retornos máximos dos produtos que estão na fase de declínio do seu ciclo de vida
aalyn [17]

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D

Explanation:

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3 years ago
Suppose at her current level of consumption, a person enjoys going to an additional baseball game three times as much as seeing
AleksAgata [21]

Answer:

The person is NOT spending her income for both goods in a manner that maximizes her satisfaction.

Explanation:

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3 0
2 years ago
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti
Marysya12 [62]
<span>In a monopoly, prices are usually higher
 because there's no competition,
 whereas in a competitive market items which  are not priced orderly may never sell
so correct option is A 
hope it helps

</span>
6 0
3 years ago
Read 2 more answers
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