Complete the table by calculating the "New Market Quantity Supplied" if Bob decided to stop tutoring, and then answer one question Instructions: Enter your responses as a whole number. Price (per Hour) $35 30 25 20 15 10 5 Quantity Supplied by Ann 50 45 40 35 20 15 2 Quantity Supplied by Bob 100 80 70 60 40 20 10 Quantity Supplied by Carlos 65 55 45 35 25 15 5 Market Quantity Supplied (= Ann + Bob +Carlos 215 180 155 130 85 50 17 New Market Quantity Supplied MASHOITOTERIAS H Market Quantity Demanded 20 40 65 70 85 110 130 What would the new equilibrium price of tutoring services be if Bob decided to stop tutoring? $ per hour 4

Complete the table by calculating the "New Market Quantity Supplied" if Bob decided to stop tutoring, and then answer one question Instructions: Enter your responses as a whole number. Price (per Hour) $35 30 25 20 15 10 5 Quantity Supplied by Ann 50 45 40 35 20 15 2 Quantity Supplied by Bob 100 80 70 60 40 20 10 Quantity Supplied by Carlos 65 55 45 35 25 15 5 Market Quantity Supplied (= Ann + Bob +Carlos 215 180 155 130 85 50 17 New Market Quantity Supplied MASHOITOTERIAS H Market Quantity Demanded 20 40 65 70 85 110 130 What would the new equilibrium price of tutoring services be if Bob decided to stop tutoring? $ per hour 4

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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