One point on a market supply curve represents $4 and 100 units quantity supplied. If there are three suppliers, and at a price of $4 one of the suppliers supplies 23 units, then which of the following combinations of price and quantity supplied might hold for the other two suppliers?
a. at $4, quantity supplied could be 40 units for one supplier and 27 for the other
b. at $4, quantity supplied could be 33 units for one supplier and 27 for the other
c. at $4, quantity supplied could be 40 units for one supplier and 37 for the other
d. at $4, quantity supplied could be 77 units for one supplier and 10 for the other
e. there is not enough information to answer this question.
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Ответ:
Option "C" is the correct answer to the following question:
Explanation:
Given:
Total market supply = $4 and 100 quantity
Number of suppliers = 3
1st supplier supplies = $4 and 23 units
Computation of total remain units:
Total remain units = 100 units - 1st supplier units
Total remain units = 100 units - 23 units
Total remain units = 77 units
So,
Only option "C" satisfies the total supply of remain 77 units with two suppliers.
40 units + 37 units
77 units
Ответ:
ypur at school???
Explanation:
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