Jade U V11.docx - Jade U Kalomabo New Jear University May 8...

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Jade U. Kalomabo New Jear University May 8. 2021 B 3. Based on the above graph, how many apartment owners would be willing to sell their apartments for $91,000? a. None b. One c. Two d. All ten apartment owners
_____4. In the scenario depicted in Figure 1.1, up to ten apartments may be available for sale. Suppose that ten more apartment owners enter the market, for a total of twenty available apartments. These new entrants into the market would be willing to sell their apartments for any price above $90,000. Which of the following statements accurately describes the resulting change in the supply curve?
_____5. Which of the following statements is true, regarding the supply of a particular good and that good’s own price?
One reason why the "fast-casual" restaurant market is competitive is that

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