$8 and the equilibrium quantity is 300.- Cross between domestic demand and supply.
An equilibrium charge, additionally known as a market-clearing charge, is the patron cost assigned to a few services or products such that supply and call for are the same, or near the same.
In economics, financial equilibrium is a state of affairs wherein financial forces such as delivery and demand are balanced and in the absence of external impact, the values of monetary variables will not exchange.
The equilibrium price is the fee at which the amount demanded equals the quantity provided. it is determined via the intersection of the call for and supply curves. A surplus exists if the quantity of a good or carrier provided exceeds the amount demanded on the modern price; it causes downward stress on charge.
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Refer to Figures 9-5. Without trade, the equilibrium price of carnations would be
a. $8 and equilibrium quantity would be 300.
b. $6 and equilibrium quantity would be 200.
c. $6 and equilibrium quantity would be 400.
d. $4 and equilibrium quantity would be 500
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Earning money has always been the thing that pleases the correct option is b. more richer, happier.
<h3>What is the use of the "more"?</h3>
You can use what's more or what is more to introduce an additional piece of records that helps or emphasizes the factor you're making. He became now a king, and what became greater, a well-liked king. You must bear in mind it, and what is greater, you must get it right.
Earning money has always been the thing that pleases the more richer and he becomes the happier.
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Paris prince of Troy, runs away with Helen of Sparta, however Helen is already married to king menalaus, after Troy refuses to return Helen the two cities are at war