Microeconomic

Essay specific features

 

Issue:

Business

 

Written by:

Dianne F

 

Date added:

June 20, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 717

 

Was viewed:

3509 times

 

Rating of current essay:

 
Essay content:

The equilibrium price will be at RM 4.00 and the equilibrium quantity will be at 8,000 pcs. c. Suppose that the price currently at RM 5.00 (above the equilibrium price of RM 4.00), the demand will be only for 6,000 pcs where else the supply will be at 10,000 pcs. This will create the excess supply of flashlight in the market...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Suppose that the price currently at RM 5.00 (above the equilibrium price of RM 4.00), the demand will be only for 6,000 pcs where else the supply will be at 10,000 pcs. This will create the excess supply of flashlight in the market. (Supply > Demand) Due to the price are above the equilibrium price and the supply quantity more than the demand quantity, some of the flashlight will not be bought by the consumers...
displayed next 300 characters

General issues of this essay:

Related essays: