Eco500 final exam | Accounting homework help
ECO500 FINAL EXAM .Suppose market demand and supply are given by Qd = 300 – 4P and QS = -50 + 3P. The equilibrium quantity is: 100. 80. 115. 120. 2. Other things held constant, the higher the price of a good the lower the producer surplus. the greater the producer surplus. the higher the supply. the lower the supply. 3. A firm […]