Quantity of Earbuds Quantity of Earbuds Price Demanded per Earbud Supplied per Month 9000 Month per 500 $20 18 1000 6000 16 1500 4500 14 2000 3500 12 2500 2500 10 3000 1500 3500 800 4000 100 According to the above table, at a price of $16 per earbud, there is a shortage of 1500 earbuds. a shortage of 3000 earbuds. a surplus of 3000 earbuds. an equilibrium.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Suffolk County Communlty
uny.edu/webapps/assessment/take/launch.jsp?course_assessment_id
Question Completion Status:
Quantity of
Earbuds
Quantity of
Earbuds
Price
Supplied
per Month
9000
Demanded
per
Earbud
per Month
500
$20
18
1000
6000
16
1500
4500
14
2000
3500
12
2500
2500
10
3000
1500
3500
800
6.
4000
100
According to the above table, at a price of $16 per earbud, there is
a shortage of 1500 earbuds.
a shortage of 3000 earbuds.
a surplus of 3000 earbuds.
an equilibrium.
QUESTION 14
Price per
Quantity of
XDemanded
Quantity of
X Supplied
per Time Peri od
150
Constant
Quality of X
$10
per Time Peri od
120
Transcribed Image Text:Suffolk County Communlty uny.edu/webapps/assessment/take/launch.jsp?course_assessment_id Question Completion Status: Quantity of Earbuds Quantity of Earbuds Price Supplied per Month 9000 Demanded per Earbud per Month 500 $20 18 1000 6000 16 1500 4500 14 2000 3500 12 2500 2500 10 3000 1500 3500 800 6. 4000 100 According to the above table, at a price of $16 per earbud, there is a shortage of 1500 earbuds. a shortage of 3000 earbuds. a surplus of 3000 earbuds. an equilibrium. QUESTION 14 Price per Quantity of XDemanded Quantity of X Supplied per Time Peri od 150 Constant Quality of X $10 per Time Peri od 120
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