Susie decided to start selling lemonade on her street. The other kids in the neighborhood noticed that Susie was making a lot of money selling lemonade. These kids decided to open their own lemonade stand. When they opened their own lemonade stand, the equilibrium price:
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Ответ:
Decreases and the equilibrium quantity increases
Explanation:
If more children join Susie in the lemonade business, the supply of lemonade would increase. This is indicated by a rightward shift of the supply curve. Because supply has increased relative to demand , price would fall and equilibrium quantity would increase.
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Ответ:
$125
Explanation:
Take home pay is the amount of earning that a person receives after making all the adjustment and deductions. Taxes and other deduction are made in the gross pay to calculate the net pay or take home pay.
Gross pay = Numbers of hours x Hourly rate = 20 hours x $7.85 = $157 for the week
Net Pay / Take home pay = Gross pay - Tax deduction = $157 - $32 = $125