Steve sells lemonade at the corner of a busy street. he charges $1.50 for a cup and easily sells 200 cups a day. however, one afternoon another lemonade stand appears across the street, advertising lemonade for $1.00 a cup. steve starts losing customers. in order to encourage customers to return, he changes the price of his lemonade to $.95. what law of supply and demand applies to steve’s business? a. price increased because supply decreased b. price decreased because demand decreased c. price increased because demand decreased d. price decreased because supply inscreased
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Ответ:
The actual answer is B <<<< answer.
He decreased his price because his competitor was 1/3 cheaper.
Ответ:
Correct Answer is D) Price decreased because supply increased
Explanation:
because there was another seller supplying more product at a lower rate, the competition has no other choice but to lower its prices too. Supply increased. It was correct in the quiz
Ответ:
Molten lead bromide
Explanation:
PbBr 2(l), is an electrolyte. During electrolysis: Pb 2+ ions gain electrons at the cathode and become Pb atoms. Br - ions lose electrons at the anode and become Br atoms, which pair up to form Br 2 molecules.