MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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˹éÒ 83
... million tapes a week , but no tapes are supplied . The quantity demanded exceeds the quantity supplied by 9 million tapes a week . In other words , at a price of $ 1 a tape , there is a shortage of 9 million tapes a week . This shortage ...
... million tapes a week , but no tapes are supplied . The quantity demanded exceeds the quantity supplied by 9 million tapes a week . In other words , at a price of $ 1 a tape , there is a shortage of 9 million tapes a week . This shortage ...
˹éÒ 84
... tape each week ? The answer can be found on the demand curve in Fig . 4.7 - it is $ 4 a tape . If the price remains at $ 2 a tape , the quantity of tapes demanded is 6 million tapes a week - 3 million tapes more than are available . In ...
... tape each week ? The answer can be found on the demand curve in Fig . 4.7 - it is $ 4 a tape . If the price remains at $ 2 a tape , the quantity of tapes demanded is 6 million tapes a week - 3 million tapes more than are available . In ...
˹éÒ 88
... million tapes a week , we can then work out what happens if demand falls back to its original level . You can see that the fall in demand decreases the equilibrium price to $ 3 a tape and decreases the equilibrium quantity to 4 million ...
... million tapes a week , we can then work out what happens if demand falls back to its original level . You can see that the fall in demand decreases the equilibrium price to $ 3 a tape and decreases the equilibrium quantity to 4 million ...
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