Instruction: Graphically Illustration the following situation whether its moveme

Question

Instruction: Graphically Illustration the following situation whether its movement vs shift in changed or supply. In a pure monopoly market (signal seller and many buyers) the supply of dextrose products remain the same causing the price to increase. A government intervention to stabilize the price of generic medicines that cause the quantity demanded of the same product to remain the same. The demand for breastfeeding is greater than the demand for infant milk formulas that cause the equilibrium price to increase since pediatricians recommends that mother's milk is the best milk tor babies. An increase in the demand tot rifampicin while the supply remain constant causing the market price to increase due to the outbreak of meningo - coccemia. The demand for children in the rural sector is greater than the urban areas since rural couples demand for children in a function of investment.

Explanation / Answer

.0.00085-0.00035Q=0.00085 + 0.00025Q Q=0, the demand and supply cannot cross. .

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---