Taking external costs of using refrigerators into account

Assignment Help Business Economics

Reference no: EM133636801

Question

Refer to the figure below. Taking the external costs of using refrigerators into account: In this graph, the x-axis shows refrigerators and the y-axis shows price in dollars. The demand line slopes downward, and the lines S-public and S-private slope upward. S-public crosses the demand line at the point E1, or (40 thousand, 700). S-private crosses the demand line at E0, or (45 thousand, 650). Group of answer choices Causes the supply curve to shift up and to the left. Increases the equilibrium price and reduces the quantity demanded. Causes the supply curve to shift down and to the right. Increases the equilibrium price and quantity demanded.

Reference no: EM133636801

Questions Cloud

Briefly and generally explain policy or regulation selected : Briefly and generally explain the policy or regulation you selected. Address the impact of the policy or regulation you selected on system implementation.

What easy ways can be the scale potential : What easy ways can be the scale potential or measure of value delivered for food insecurity?

US Customary Unit used for Modulus of Elasticity : What is the U.S Customary Unit used for Modulus of Elasticity? What is the modulus of elasticity for A-36 steel in U.S Customary Unit?

How do you respond to your friends dismissal : How do you respond to your friends dismissal of the need for performance feedback for their employees? Why is performance feedback important in the workplace

Taking external costs of using refrigerators into account : Taking the external costs of using refrigerators into account: the x-axis shows refrigerators and the y-axis shows price in dollars.

How the concepts of population health thinking address sdoh : Demonstrate how the concepts of population health thinking address the SDOH, health disparities, and healthcare outcomes.

Discuss market structures-perfect competition : A critical review essay is required on a newspaper article that is broadly related to the economics topic "Market structures - perfect competition".

Where to locate a peer-reviewed scholarly source : Where to locate a peer-reviewed scholarly source and provide statistical data that you found surprising on the religious conflict and violence

What is your persuasive speech topic thesis statement : What is your persuasive speech topic thesis statement? Write in 1-2 full sentences. Make sure to include in your thesis statement your topic AND what side you

User Account

All Pages