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Rama09 [41]
3 years ago
9

What is the equilibrium quantity for phones?

Business
1 answer:
Nana76 [90]3 years ago
3 0

Answer:

Readjusting once again to marketplace conditions, the next year the company produces 65,000 phones, with a retail price of $45. At the end of the year, the company’s sold almost its total supply of phones. It indicates that the equilibrium quantity of phones is 65,000, at a retail price of $45 (which would be the equilibrium price). More Resources

Explanation:

According to our curve, the equilibrium point initially is indicated by point E on the graph, but since the supply of cellphones has increased, quantity supplied increases to the graph indicated by S 1 S 1, this causes an excess of the product in the market resulting in a stiff competition which often sees the sellers reduce their prices. hope that helps.

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A pension plan helps pay for ______.
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For the U.S. economy, money holdings are a
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C) small part of household wealth, and so the interest-rate effect is small.

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Answer:

<u>Opportunities</u>

Faster and more information

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Liquidity,

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3 0
3 years ago
In 2019, Kipp invested $65,000 for a 30% interest in a partnership conducting a passive activity. The partnership reported losse
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Kipp would NOT deduct any losses from the the partnership assuming he owns no other investments and does not participate in the partnership's operations

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