Refer to Table 4-12. The equations above describe the demand and supply for Bubba's Fried Jellybeans. What are the equilibrium price and quantity (in thousands) for Bubba's Fried Jellybeans?
A) $40 and 5 thousand B) $20 and 20 thousand
C) $60 and 10 thousand D) $80 and 40 thousand
A
Economics
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The earliest beginning of the European Union was the:
A) Maastricht Treaty. B) Treaty of Rome. C) Paris Accord. D) Louvre Accord.
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Which of the following situations lead firms to increase production?
A) real GDP = $16.0 trillion and aggregate planned expenditures = $15.0 trillion B) real GDP = $15.0 trillion and aggregate planned expenditures = $14.0 trillion C) real GDP = $12.0 trillion and aggregate planned expenditures = $12.0 trillion D) real GDP = $15.0 trillion and aggregate planned expenditures = $16.0 trillion E) Both answers A and C are correct.
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