Market Quantity New Market Quantity Supplied Demanded Price(per Supplied Quantity Quantity Supplied Supplied Quantity Market Hour) (- Ann + Bob + Quantity by Ann by Bob by Carlos Carlos) $50 94 35 19 148 45 93 33 14 140 8 40 90 30 10 130 11 35 81 27 6 114 16 30 68 20 2 90 22 25 50 12 62 30 20 32 7 39 39 15 20 20 47 10 10 10 57 What would the new equilibrium price of tutoring services be if Ann decided to stop tutoring? $ per hour

Market Quantity New Market Quantity Supplied Demanded Price(per Supplied Quantity Quantity Supplied Supplied Quantity Market Hour) (- Ann + Bob + Quantity by Ann by Bob by Carlos Carlos) $50 94 35 19 148 45 93 33 14 140 8 40 90 30 10 130 11 35 81 27 6 114 16 30 68 20 2 90 22 25 50 12 62 30 20 32 7 39 39 15 20 20 47 10 10 10 57 What would the new equilibrium price of tutoring services be if Ann decided to stop tutoring? $ per hour

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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