12
answers
0
watching
648
views
8 Dec 2017
Use the table below to answer the following question. Table 3 The Market for Car-Seat Heaters Price (dollars per heater 40 50 Quantity Demanded Quantity Supplied (heaters per month) (heaters per month) 500 900 300 200 450 350 350 250 400 300 400 300 350 250 450 350 300 200 500 400 250 150 550 950 200 100 600 500 100 35) Refer to Table 3. Suppose a problem develops with car-seat heaters - they malfunction and occasionally cause serious burns. As a result, demand decreases by 100 heaters at each price. Simultaneously, the cost of production rises, and supply decreases by 100 heaters at each price. The new equilibrium price is $ 66 and the new equilibrium quantity is 300 heaters per month. A) 70; 450 B) 60; 300 C) 70; 350 D) 50; 450 E) 50; 350
Use the table below to answer the following question. Table 3 The Market for Car-Seat Heaters Price (dollars per heater 40 50 Quantity Demanded Quantity Supplied (heaters per month) (heaters per month) 500 900 300 200 450 350 350 250 400 300 400 300 350 250 450 350 300 200 500 400 250 150 550 950 200 100 600 500 100 35) Refer to Table 3. Suppose a problem develops with car-seat heaters - they malfunction and occasionally cause serious burns. As a result, demand decreases by 100 heaters at each price. Simultaneously, the cost of production rises, and supply decreases by 100 heaters at each price. The new equilibrium price is $ 66 and the new equilibrium quantity is 300 heaters per month. A) 70; 450 B) 60; 300 C) 70; 350 D) 50; 450 E) 50; 350
teacherrecoLv10
6 Aug 2023
larryrambo777Lv10
8 Mar 2023
Already have an account? Log in
18 Dec 2022
Already have an account? Log in
experttutorLv10
4 Dec 2022
Already have an account? Log in
evangelistaLv10
26 Jun 2022
Already have an account? Log in
Keith LeannonLv2
9 Dec 2017
Already have an account? Log in