Market for Oranges Price (dollars) $1.00 S $0.90 $0.80 $0.70 $0.60 $0.50 $0.40 $0.30 $0.20 $0.10 0 D 20 40 60 80 100 120 140 160 180 200 Quantity (pounds)
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a. If a producer tries to sell oranges at a price of $0.50 per pound, what will be the quantity demanded and quantity supplied at this price?
b. Determine whether there is a surplus or a shortage at a price of $0.50 per pound, and determine the size of the surplus or shortage.
At this price, there will be a
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- The table shows a private open economy. All figures are in billions of dollars. Real GDP C+ lg Net Exports $420 460 500 540 580 620 660 $400 450 500 550 600 650 700 Refer to the above table. If net exports increased by $10 billion at each level of GDP, the equilibrium real GDP would be: Multiple Choice O $650 O $20 20 20 20 20 20 20 Not determinate in the table $610help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all workingSolve it correctly please.
- describe fertilizer/ what it is used for, etcPrice (per latte) $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 0 5 10 Market for Lattes 15 20 25 30 35 40 45 50 Quantity of Lattes (cups) D¦ 55 60Shane teaches guitar lessons. The graph below shows the comparison of his expenses and revenue for one month. r ($) L -1000 000 -600 200 Number of Lessons Expenses Revenue How many lessons must he teach to break even?