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Other Fields Homework Help Economics Topic started by: s.h_math on Nov 9, 2022



Title: Suppose a country imports televisions. The country's supply and demand curves are shown in the ...
Post by: s.h_math on Nov 9, 2022
Another question I am so stuck on to do. I really dislike graphing :(

Suppose a country imports televisions. The country's supply and
demand curves are shown in the accompanying graph, along with the
initial world price of $2. Suppose the world price of televisions
increases, though not by so much as to eliminate all imports. Show
this on the diagram.
1 . ) Using the line drawing tool, draw a new line that represents a
world price that has increased but does not eliminate imports. Label
your line 'New'.
2.) Using the point drawing tool, label the point that represents the
quantity demanded at the new world price. Label your line 'QD
3.) Using the point drawing tool, label the point that represents the
quantity supplied at the new world price. Label your line 'Qs
Carefully follow the instructions above and only draw the required
objects.


Title: Re: Suppose a country imports televisions. The country's supply and demand curves are shown in the ...
Post by: bio_man on Nov 9, 2022
Does this help?

(https://biology-forums.com/gallery/45/6_09_11_22_11_00_10.png) (https://biology-forums.com/index.php?action=gallery;sa=view&id=45858)

(https://biology-forums.com/gallery/45/6_09_11_22_11_00_57.png) (https://biology-forums.com/index.php?action=gallery;sa=view&id=45859)


Title: Re: Suppose a country imports televisions. The country's supply and demand curves are shown in the ...
Post by: s.h_math on Nov 9, 2022
Sir it marked it wrong

Post Merge: 2 years ago

Do you find any mistakes in this?


Title: Re: Suppose a country imports televisions. The country's supply and demand curves are shown in the
Post by: bio_man on Nov 9, 2022
Well, for one, it doesn't look identical to the one I provided.

Mine has a dotted line extending from 3 along the y axis, overlapping the blue one.


Title: Re: Suppose a country imports televisions. The country's supply and demand curves are shown in the ...
Post by: s.h_math on Nov 9, 2022
what should I do to make it correct sir?
Post Merge: 2 years ago

so does mine if you zoom in
Post Merge: 2 years ago

I pressed confirm again and it marked it correct.

What would I do here?

would the answers be 2 and 3?


Title: Re: Suppose a country imports televisions. The country's supply and demand curves are shown in the ...
Post by: bio_man on Nov 10, 2022
Hi s.h_math (https://biology-forums.com/index.php?action=profile;u=1067569)

"The quantity of imports at the initial world price is 4 million units"

"The quantity of imports at the new world price is 2 million units"


Title: BFSF: Suppose a country imports televisions. The countrys supply and demand curves are shown in the ...
Post by: Jdehn120 on Oct 25, 2023
Thanks!


Title: BFSF: Suppose a country imports televisions. The countrys supply and demand curves are shown in the ...
Post by: Hayden Perdue on Nov 15, 2023
Thank you


Title: BFSF: Suppose a country imports televisions. The countrys supply and demand curves are shown in the ...
Post by: addymeaders on Feb 26, 2024
Thx


Title: BFSF: Suppose a country imports televisions. The countrys supply and demand curves are shown in the ...
Post by: Estella on Mar 8, 2024
Thank you