Question

what is the answer Market for used cars Qd =154,000 -86 Psupply: Qs=-100 +14 P what would be the quantity

supplied if a price floor is set at $2,000

 

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Question

as you move right along a demand curve the price elasticity of demand does what?a. moves closer to

zero b.does not change c. becomes more elastic d.becomes inelastic or

e. becomes infinate

 

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