What is constant in the law of supply? (a) Price of related goods (b) State of technology (c) Cost of production (d) All of the above

N Price (per unit) 14 13 12 11 10 9 8 654321 Market supply Market demand 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Quantity (units per time period) Instructions: In part a, round your response to two decimal places. In parts b, c. a a. What is the market price (market value) of the product? $ 8 per unit b. What is the market output? unit(s) Assume that the product depicted above generates external costs in consumption

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

5) If a government sets a price below the equilibrium price(a) quantity demanded will be greater than quantity supplied.(b) the supply curve will shift to the left.(c) quantity demanded will equal quantity supplied.(d) demand will be less than supply.

(Figure: The Supply of Apple TV Rentals) Use Figure: The Supply of Apple TV Rentals. An increase in the price of online movie rentals would result in the change illustrated by the move from: Price of Apple TV rental 0 Price of Apple TV rental n (a) Quantity (per period) (c) Quantity (per period) Price of Apple TV rental Price of Apple TV rental. 0 (b) S₂ S₁ Quantity (per period) (d) Quantity (per period)