Consider the market for gas in the US. Suppose that due to Covid-19 that there is a fall in the price of oil. Oil is used to produce gas. What is the effect on the market for gas?

Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity. Apple announces on their social media page that their laptops will go on sale in August just in time for the back to school shopping.

QUESTION 11 If the demand equation is D(x) = 109 - 3.9x and the supply equation is S(x) = 6.3x + 35, find the equilibrium quantity. Click Save and Submit to save and submit. Click Save All Answers to save all answers. acer MADE IN USA MADE IN USA ADE IN USA

I need help drawing the graph, thanks!

What is the difference between demand and derived demand? What examples do you have of goods and services you buy in product markets? What examples do you have of resources your workplace (or another workplace) buys in resource markets?

If television sellers expect the prices of televisions to fall in the future, we are likely to see the price:

The following graph shows the demand curve for uff, a useful commodity produced on the planet Hermes. The Hermetian currency is the yen. The graph input tool also shows how demand for uff is affected by changes in the average income of Hermetians, as well as the prices of tulg and snick, two other related goods available on the planet.   Suppose that the price of a gram of uff decreased from 50 yen to 45 yen. This would cause a movement along the demand curve and therefore an increase in the quantity of uff demanded. Plug any value lower than the current number into the Average Income box. A decrease in average income causes a leftward shift of the demand curve.   When the prices of tulg or snick change, there is a shift of the demand curve for uff. The directions of these changes imply that snick and uff are __________ (options: substitutes, normally consumed together), and that tulg and uff are _______ (substitutes, normally consumed together). For example, a Hermetian might say, “I…