Refer to the table. The equilibrium price in this purely competitive market is:
A. $5.
B. $4.
C. $3.
D. $2.
C. $3.
Economics
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Increased output and prices in the United States in the early 1940s were mostly the result of increased government expenditures
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following is not counted as part of M1?
A. coins B. Federal Reserve notes or " paper money" C. passbook savings deposits D. checkable deposits
Economics
The dollar value of an industry's sales minus the value of intermediate goods is
A. value added. B. NDP. C. GDP. D. transfer payments.
Economics
As the price level in the economy decreases, which of the following sequence of events occurs?
A) Md? r? AD? B) Md? r? AD? C) Md? r? AD? D) Md? r? AD?
Economics