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OpenStudy (anonymous):
O.O
OpenStudy (anonymous):
OpenStudy (anonymous):
Creative Commons
The price (P) of designer jeans is affected by the supply (S) and the demand (D).
Which of these can cause an increase in the price of designer jeans?
OpenStudy (anonymous):
what are the choices please
OpenStudy (aaronandyson):
its simple i think its demand
cuz more the demand more the price
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OpenStudy (anonymous):
increased demand and no change in supply
decreased demand and increased supply
increased supply alone
decreased demand alone
OpenStudy (anonymous):
Choice B :)
OpenStudy (anonymous):
thank you so much can i please get help in two more
OpenStudy (anonymous):
The price (P) of designer jeans is affected by the supply (S) and the demand (D).
Which of these represents an equilibrium price for designer jeans?
OpenStudy (anonymous):
sure ill give it a shot
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OpenStudy (anonymous):
The arrow poiting to D2
The intersection of P1 and Q1
The line marked D1
The line marked S
OpenStudy (anonymous):
The equilibrium price is where the supply of goods matches demand
OpenStudy (anonymous):
tbh its either a or b
OpenStudy (anonymous):
Ok thank you. what about this one the same graph
Demand for more pairs of jeans causes reduced supply and increased price
Demand for more pairs of jeans results in an increase in both price and quantity supplied
Fewer pairs of jeans sold causes increased supply decreased price
Fewer pairs of jeans sold results in both in a decreased in both price and supply
OpenStudy (anonymous):
:/
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OpenStudy (anonymous):
b or d wht do u think
OpenStudy (anonymous):
d
OpenStudy (anonymous):
:)
OpenStudy (anonymous):
B. Demand for more pairs of jeans results in an increase in both price and quantity supplied.
OpenStudy (anonymous):
thank you...so much
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