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Questions for Understanding
3.
If the price of tortillas is $1.20 per dozen, how many dozen Will suppliers offer for sale?
If the price of tortilles is $,80 per dozen, how many dozen will suppliers olfer for sale?
If the quantity of computers offered for sale is 2,500, whal is the price per computer?
If the quantity of computers offered for sale is $,000, what is the price per computer?
How many computers will suppliers offer for sale at $1,000?
How many computers will suppliers offer for sale at $3,5007
What effect does the price seem to have on the quantity suppliers offer for sale?

Sagot :

ProfChris1

To answer this question, we take it one after the other:

1. The number of dozen suppliers will offer for price of tortillas of $1.20 per dozen = 2,500.

2. For tortillas of $0.80 per dozen, the number of dozen suppliers will offer for sale = 1,500.

3. The price per computer will be = 2,500 ÷ $1,500 = $1.66

4. The number of computers that suppliers will offer for sale at $1,000 = 1,000.

5. The number of computers that suppliers will offer for sale at $3,500 = 5,000.

6. The effect that the price actually seems to have on the quantity suppliers offer for sale is that as the price increases, the supplier increases the number of supplies.

What is supply schedule?

Supply schedule is actually known as a chart which shows the amount of product a supplier will need to produce in order to meet consumer demand at a specified price. In economics, supply refers to the amount of resources or goods that producers or suppliers are able to provide to the marketplace.

We see above that understanding the supply schedule, we are able to know the number of dozens that the suppliers will supply tortillas.

Learn more about supply schedule on https://brainly.com/question/2094262

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