bog The table shows the demand and supply schedules for broad u creat Now two ch
ID: 1131109 • Letter: B
Question
bog The table shows the demand and supply schedules for broad u creat Now two changos oocur in the markot for bread Price (dollars pr Quantity Quantity demanded supplied Excellent waler increases the quarity supplied by 25 lonves a day at each 1.00 1.25 1.50 1.75 2.00 200 175 150 125 100 110 130 150 170 190 me darprice YouTu Anews stry once. reports tat broad causes obesity when consumed in excess, which decreasos the quantity otma demanded by 20 loaves a day at each price Vasques What is the new equilibrium in the bread marker? The new equitrum proe is s/jaloaf and the new equilbum quanttyis[- ] loaves a day alery t th lyric as moa Enter your answer in each of the answer boxes 01/08/18 ASSESS Chapter 12 Quiz 100m MacBook AiExplanation / Answer
From the above table, it is clear that new demand and new supply is equal when the price is $1.25 which indicates it to be the equilibrium price and the quantity of 155 to be the equilibrium quantity.
Answer:- The new equilibrium price is $ ...... a loaf and the new equilibrium quantity is .....loves a day
Correct Answer:- The new equilibrium price is $1.24 a loaf
The new equilibrium quantity is 155 loves a day
I REQUEST YOU TO KINDLY RATE THE ANSWER AS THUMBS UP. THANKS A LOT .
Price Quantity Demanded Quantity Supplied Decreased Quantity demanded Increased Quantity Supplied 1 200 110 180 135 1.25 175 130 155 155 1.5 150 150 130 175 1.75 125 170 105 195 2 100 190 80 215Related Questions
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