Answer the question based on the given supply and demand data for wheat. Bushels Demanded Per Month Price Per Bushel Bushels Sup
plied Per Month 45 $5 45 50 4 42 56 3 39 61 2 36 67 1 33 Equilibrium price in this market is Multiple Choice $5. $2. $4. $3
1 answer:
The equilibrium price in a market is the price where the quantity demanded of the products are equal
The equilibrium price in the market is $2
<h3>How to determine the
equilibrium price </h3>
From the given supply and demand data for wheat:
When the price is $2, the quantity demanded and the quantity supplied for wheat is 61
This means that the equilibrium price $2
Hence, the equilibrium price in the market is $2
Read more about equilibrium price at:
brainly.com/question/13925210
You might be interested in
Answer:
D
Step-by-step explanation:
Using sine rule
a/sin A ＝b/sin B
8/sin90° ＝ x/sin60°
8 * sin60° ＝ x
x ＝
Answer:
The answer simplified is -6
Step-by-step explanation:
Answer:
if you mean cubed its 125 but if you mean squared its 25
Step-by-step explanation:
If you’re looking for the ratio:
75cm = 750mm
250:750
1:3
The answer is 1:3
Answer:
Step-by-step explanation:
Seperate the shape into two. 16x2=32cm². 12x11=132cm²
So altogether it would = 164cm²
