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Ksivusya [100]
2 years ago
11

The graph shows the supply and demand curves for a certain product, which

Business
2 answers:
nadya68 [22]2 years ago
5 0

Answer:

A. The current selling price for the product is too low.

Explanation:

The ideal market price should be $400.  This is the equilibrium point where demand matches supply. At the price of $400, buyers and suppliers will be happy to trade a quantity of 4000 units.

The prevailing price of $300 is too low. Suppliers should raise the price to the price $400 mark.

trasher [3.6K]2 years ago
4 0

Answer: the current selling price for the product is too low

Explanation: I got the question wrong for y’all to get this right answer

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2 years ago
Find the APR or stated rate in each of the following cases and show calculations:<?xml:namespace prefix = o ns = "urn:schemas
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Answer and Explanation:

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