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The _______ price is the point at which supply and demand for a good are equal.
The equilibrium price is the point at which supply and demand for a good are equal. ' target='_blank' rel='nofollow'>www.fullcoll.edu/fchan/Micro/1MKTEQUIL.htm]]
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Expert answered|alfred123|Points 126605|
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Question|Asked by jenlb82
Asked 4/12/2018 12:05:03 PM
Updated 12/10/2018 4:35:31 AM
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This answer has been confirmed as correct and helpful.
Edited by Jay901 [12/10/2018 4:35:28 AM]
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Questions asked by jenlb82
All countries have what type of economy?
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Question|Asked by jenlb82
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Updated 7/10/2019 3:00:31 AM
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All countries have Mixed type of economy.
Added 7/10/2019 3:00:31 AM
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Confirmed by Masamune [7/10/2019 4:40:37 PM]
Why would businesses supply more product at higher prices?
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Question|Asked by jenlb82
Not Answered
Updated 7/10/2019 2:59:53 AM
1 Answer/Comment
Businesses will increase production to make more profit.- is why would businesses supply more product at higher prices.
Added 7/10/2019 2:59:53 AM
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The _______ price is the point at which supply and demand for a good are equal. A. elastic B. market C. perfect D. middle
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Question|Asked by jenlb82
Not Answered
Updated 8/12/2018 1:03:20 AM
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The Market price is the point at which supply and demand for a good are equal.
Added 8/12/2018 1:03:20 AM
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Confirmed by jeifunk [8/12/2018 8:52:54 AM]
Commercial banks create money by
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Question|Asked by jenlb82
Updated 7/10/2019 2:58:34 AM
1 Answer/Comment
Commercial banks create money by making loans while only keeping a fraction of deposits in cash on hand at any given time.
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Which of the following products is likely to have an inelastic supply reaction to a change in price? A. Corn B. Televisions C. Cars D. Shoes
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Question|Asked by jenlb82
Updated 2/15/2019 7:01:09 AM
1 Answer/Comment
Shoes is a product which is likely to have an inelastic supply reaction to a change in price.
Added 2/15/2019 7:01:09 AM
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Confirmed by matahari [2/15/2019 7:31:13 AM]
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