Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
jayboskeet jayboskeet
wrote...
Go to Answer
Posts: 131
Rep: 0 0
A year ago
The market for running shoes can be represented by the following equations: QD = 2000 - 10P and QS = 10P - 80.


Refer to the information above on the market for running shoes. As the weather gets cold people stop running, which decreases the quantity demanded of running shoes by 40 at each price. what will be the new equilibrium price of running shoes?

▸ $204

▸ $104

▸ $94

▸ $102
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 202 times
3 Replies
Replies
Answer verified by a subject expert
elisebarnettelisebarnett
wrote...
#1
Posts: 139
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 210 words.

Related Topics

Anonymous
wrote...
#2
8 months ago
Help! The answer is missing an explanation...
wrote...
#3
8 months ago
Solution given!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  923 People Browsing
 167 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 247
  
 238
  
 404
Your Opinion
Which is the best fuel for late night cramming?
Votes: 146
Previous poll results: Who's your favorite biologist?