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1. S1 shows a change as a result of price. Is this a change in supply or change in quantity supplied? Change in quantity supplied 2. D1 to D2 shows a change. Is this a change in demand or change in quantity
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Apr 26, 2023
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1. S1 shows a change as a result of price. Is this a change in supply or change in quantity
supplied? Change in quantity supplied
2. D1 to D2 shows a change. Is this a change in demand or change in quantity demanded?
Change in demand
3. What is the D1 equilibrium price? $2500
4. What is the D2 market clearing price? $4000
5. What is the quantity supplied and demanded at the D1 and D2 equilibrium price?
6. What is the quantity demanded (D1 & D2) and supplied (S1) at $10,000? 13,000
7. What is the quantity supplied and demanded at $1000?
8. What could have caused the shift from D2 to D3 (non-price factors)
Physics
high-school
Quang Tran
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Answer: yes
Step-by-step explanation:
so basically i need points
Ujwal Dhakal
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May 2, 2023
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Ujwal Dhakal
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