ericgideon
04.02.2021 •
Business
Read the graph. What is the equilibrium price?
Supply and Demand for Oranges
$3.00
$1.00
$0.50
There's not enough data to determine equilibrium
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Ответ:
$1.00
Explanation:
The equilibrium price is the prevailing market price represented by the intersection of the demand and supply curve. At the equilibrium price, the quantity demanded and quantity supplied match. It means that there are no shortages or excesses in demand or supply at the equilibrium price.
From the graph, $1 is the equilibrium price. It is the intersection of demand and supply curves.
Ответ:
According to Maslow's need hierarchy, the advertised benefits of the product appeal to Josef's psychological, security, and safety needs.