quality diamonds decreases AND the supply of gemminusquality diamonds decreases, what can be said about equilibrium price and quantity in this market?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “quality diamonds decreases AND the supply of gemminusquality diamonds decreases, what can be said about equilibrium price and quantity in ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Over the past four years, a stock produced returns of 14 percent, 22 percent, 6 percent, and - 19 percent.
Answers (1)
At an equilibrium price for gasoline, a. everyone with the desire and the income to buy gasoline at that price can do so. b. surpluses are inevitable. c. inherent market forces will eventually change the quantities demanded and supplied. d.
Answers (1)
Which of these is not a major advantage of a corporation? a. Government regulations b. Transferable ownership rights c. Separate legal existence d. Continuous life
Answers (1)
Which country backs bitcoin as currency?
Answers (1)
Which statement is false? A A large country never gains from imposing an export subsidy. B A small country never gains from imposing an export subsidy. C A large country never gains from imposing an import tariff.
Answers (1)
New Questions in Business
Stacey was invited to become a member of the class project team because the other members knew she had a high GPA and worked hard on all her individual assignments.
Answers (1)
Vaughn Manufacturing's prepaid insurance was $197000 at December 31, 2021 and $90300 at December 31, 2020. Insurance expense was $62000 for 2021 and $55000 for 2020.
Answers (1)
If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will decrease. b.
Answers (1)
Which of the following is a disadvantage of the sole proprietorship form of ownership
Answers (2)
Products that are essential for life, such as water or groceries, yield more marginal utility than rare products, such as diamonds or luxury vehicles. A. True B. False.
Answers (1)