skylarrrrr6325 skylarrrrr6325

24-01-2020
Business

contestada

Consider the following demand and supply schedules for coffee. Price per cup Quantity demanded (cups) Quantity supplied (cups) $9 2 10 $7 4 8 $5 6 6 $3 8 4 $1 10 2 What is the price when the market is in equilibrium?

Respuesta :

ewomazinoade ewomazinoade

25-01-2020

Answer:

$5

Explanation:

Equilibrium is when the quantity demanded equals the quantity supplied.

At $5, quantity demanded = quantity supplied = 6

At the other prices, quantity demanded isn't equal to quantity supplied.

I hope my answer helps you

Answer Link

Otras preguntas

how is social development measured? mention the three points of measuring social development

Does anyone know what this is from if it is from anything. If so do you know the author or writer/songwriter? And where I could find it or the meaning

Which works in the passage show you that this is a first person narrator? What’s was it- I paused to think- what was it that so unnerved me in the contemplation

Which expression can be used to find 15% of 20? O 0.015 x 20 O 0.15 x 20 O 1.5 x 20 O 15 x 20

2000 Colonists soldiers died at Valley Forge. They died because of exposure, which means: they died of too much sun died of too much food died from drinking too

Which most accurately describes events in the life of explorer Sir Walter Raleigh? O Raleigh was the first European explorer to navigate the coast of present-da

Which pairs of rectangles are similar polygons? Select Similar or Not Similar for each pair of rectangles.

WILL GIVE BRAINLIEST questions 35-45 odd please show work

NEED HELP PLZZZZ ILL DO ANYTHING Would the invention of Soular change your beliefs or how you understand the world?

Please help im very bad at doing paragraphs and this is due by 12am