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elena55 [62]
3 years ago
6

At a price of _____, producers are not willing to supply any shoes. This most likely happens because producers cannot cover thei

r costs at this price.
Price Quantity Supplied of Shoes Quantity Demanded of Shoes
$10 0 500
$50 100 300
$75 250 250
$100 400 0
Social Studies
1 answer:
Ratling [72]3 years ago
3 0
From the first row of the table, at a price of $10, suppliers are not willing to make any shoes (quantity supplied of shoes = 0) since they will not make significant profit off of it.

In contrast, the demand is 500, since everyone would love to buy shoes at that very cheap price.
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