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A bakery would be willing to supply 500 bagels per day at a price of 0.50 each?
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The amount a supplier is willing and able to supply at a certain price?
quantity supplied: amount a supplier is willing and able to supply at a certain price
What is an amount producers are willing and able to sell at a given price?
Supply schedule or a supply.
What supply in economics is when the supply is only one and will always be one no matter what price anyone is willing to pay?
Supply Perfectly Inelastic
What is the amount of a good or service that consumers are willing to buy at a certain price?
supply
Aggregate demand and Aggregate supply curve?
The aggregate demand curve show what consumers are willing to buy at a given price level, whereas the aggregate supply curve shows what producers are willing to produce at a given price level.
Supply schedule or a supply curve is an amount producers are willing and able to sell at a given price. True or False?
True
Price of bagels in 2008?
$1.89
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal this is known as?
Supply & demand
The natural forces of supply and demand?
The biggest force of supply and demand relates to price if there is a low supply and and a high demand , the supply goes to those that are willing to pay the most.
In Tina's bagel shop the price of bagels is 4 for 6.00 Julie bought 9 bagels How much did she pay for the bagels?
She paid $68,890 !!!!!!!!!!!!!!!!!!!!!! Tee hee!
Why the aggregate supply curve has its particular shape?
The aggregate supply curve is positively sloped because at a higher price level, producers are more willing to supply more real output.
True or false On the supply side of a market producers indicate to consumers what they are willing to sell in what quantity and at what price?
true
