6. If one pizza can exchange 3 pitchers of lemonade in the market, which of the following is correct. (A) Danny is willing to trade, but Mark does not. (B) Mark is willing to trade, but Danny does not. (C) Both Danny and Mark are not willing to trade. (D) Both Danny and Mark are willing to trade.

9. Suppose Harry, Darby, and Jake are the only demanders of sandwiches. Also suppose the following: (1) $ x = 2 $; (2) the current price of a sandwich is $3.00; (3) the market quantity supplied of sandwiches is 5; (4) the slope of the inverse supply curve is 1. Then there is currently a (A) shortage of 5 sandwiches, and the equilibrium price of a sandwich is between $3.00 and $5.00. (B) shortage of 5 sandwiches, and the equilibrium price of a sandwich is $5.00. (C) surplus of 5 sandwiches, and the equilibrium price of a sandwich is between $3.00 and $5.00. (D) surplus of 5 sandwiches, and the equilibrium price of a sandwich is $5.00.

6. If one pizza can exchange 3 pitchers of lemonade in the market, which of the following is correct.
(A) Danny is willing to trade, but Mark does not.
(B) Mark is willing to trade, but Danny does not.
(C) Both Danny and Mark are not willing to trade.
(D) Both Danny and Mark are willing to trade.

相關試題

相關試卷

6. If one pizza can exchange 3 pitchers of lemonade in the market, which of the following is correct.(A) Danny is willing to trade, but Mark does not.(B) Mark is willing to trade, but Danny does not.(C) Both Danny and Mark are not willing to trade.(D) Both Danny and Mark are willing to trade.

相關試題

相關試卷

6. If one pizza can exchange 3 pitchers of lemonade in the market, which of the following is correct.
(A) Danny is willing to trade, but Mark does not.
(B) Mark is willing to trade, but Danny does not.
(C) Both Danny and Mark are not willing to trade.
(D) Both Danny and Mark are willing to trade.