The 6 at the end is the remainder
The chart shows a combined supply and demand schedule.
2 answers:
Answer:
Profits from selling shoes will increase.
Step-by-step explanation:
When the price is $100, the quantity demanded is 60 and quantity supplied is 60.
When the price is $125, the quantity demanded is 40 and quantity supplied is 70.
Out of the given options, the answer is : Profits from selling shoes will increase.
Earnings when sold at $100.
dollars.
Earnings when sold at $125.
dollars.
Now as earnings increase per pair of shoes, the profit will also increase.
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