Answer:
After the increase in demand, the new equilibrium price is <u>$160</u>, where both supply and demand equal <u>300</u>.
Explanation:
When the income level of customers increases, the demand curve shifts to the right, increasing the quantity demanded at every price level.
If the quantity demanded for a good increases as its customers' income increases, it is called a normal good.
In this case, the previous equilibrium quantity was 200 units and the equilibrium price was $50. Since the demand curve shifted to the right, both the quantity demanded increased from 200 units to 300, and the equilibrium price increased from $50 to $160.
Answer:
The rise and the supply of labor in Skyville would decrease
<h3>Grandview pay scale</h3><h3>How much does Grandview Healthcare pay? </h3>
Grandview Healthcare pays its employees an average of $21.63 an hour. Hourly pay at Grandview Healthcare ranges from an average of $12.76 to $37.73 an hour.
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Answer:
fast responses at a lower cost
Explanation:
Based on the information provided it can be said that Charles will likely use an online survey primarily because it offers fast responses at a lower cost. This is because the customers receive this in their mail and/or e-mail, and are easily able to fill it out in a couple of minutes. If Charles send's the survey through mail it will be one of the cheapest options other than e-mail which is completely free.
"credit unions" are owned by the people who deposit and are loaned money
because the person who made it likes to make people mad/sad
