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horsena [70]
2 years ago
13

Consider the supply and demand schedules for calzones at a local pizzeria. Use the information in the schedules to answer the fi

ve questions. Demand Price (P) $13 $12 $11 $10 $9 $8 $7 $6 $5 $4 Quantity (Q) 20 40 60 80 100 120 140 160 180 200 Supply Price (P) $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 Quantity (Q) 20 30 40 50 60 70 80 90 100 110 What is the equilibrium price
Business
1 answer:
podryga [215]2 years ago
8 0

Answer:

10 dollars

Explanation:

First of all you have to arrange the values properly so that the prices would correspond with the quantity demanded or supplied.

After arranging, I found the equilibrium price to be 10 dollars, here we can see that the price of the quantity of goods supplied is the same as the price quantity of goods demanded. The number of goods that were demanded and supplied at this price, 10 dollars is 80 units

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A certificate of deposit offers a nominal interest rate of 3.5 percent annually.
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The correct answer between all the choices given is the third choice or letter C. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

<span> </span>

8 0
2 years ago
Read 2 more answers
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If negative externalities pop up in a market, the equilibrium is higher than the efficient output.

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