Abusiness dealing in cell phones might supply 3000  units if the price is   5000 LE each, but if the price increases to 6100 LE they might supply 2800 unit

Question

Abusiness dealing in cell phones might supply 3000  units if the price is   5000 LE each, but if the price increases to 6100 LE they might supply 2800 unit
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

It seems like you're asking about the concept of supply in economics, particularly how changes in price can affect the quantity supplied. Here's a step-by-step explanation:

  1. The business currently supplies 3000 units of cell phones at a price of 5000 LE each. This is their initial supply quantity Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

Abusiness dealing in cell phones might supply 3000  units if the price is   5000 LE each, but if the price increases to 6100 LE they might supply 2800 unit

effect on price and quantity when demand increases and supply decreases, in short

If the real GDP increases by 4%, the Price level decreases by 1%, and velocity increases by 6%, then, which is the change in the money supply is _____percent

c) Suppose the price of milkshakes increases to $5. How many units of milkshake and sushiare in Collin’s new optimal consumption bundle?

Find the present value of the cash flow shown below if interest rate (𝑖) is 10% per year. Year Cash 1 2000 2 5000 3 0 4 -2000 5 3000

1/3