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Blizzard [7]
3 years ago
11

How many bushels of wheat are wholesalers willing to buy at $18 per bushel?

Business
2 answers:
algol133 years ago
6 0

Answer:

42

Explanation:

The quantity wholesalers wish to purchase reflects demand at a given price. At $ 18 a bushel, wholesalers want to buy 42 bushel of wheat. This result can be seen from the graph that tells us that at the price of US $ 18, demand will be 42, that is, the price (US $ 18) intersects the demand curve in the quantity that wholesalers want to buy (42 bushels).

MrMuchimi3 years ago
3 0

Im 100% that the correct answer is #42

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Anna71 [15]

Answer:

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3 years ago
t's recommended that you join at least _______ professional membership(s) in your field to indicate that you're involved and ded
Inessa [10]

Answer:

The correct answer is letter "D": one.

Explanation:

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8 0
3 years ago
If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?
Arte-miy333 [17]

<u>Given:</u>

Elasticity of Demand = 2

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<u>To find:</u>

Change in quantity demanded

<u>Solution:</u>

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%

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7 0
4 years ago
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BigorU [14]
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