Answer the following questions about supply: 1) What is the least amount you would be willing to
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Question:
Answer the following questions about supply:
1) What is the least amount you would be willing to be paid to wash a car on a nice summer day?
2) Would the minimum amount you would be willing to be paid to wash a car change if it was in the middle of January in Chicago? If so, what would be your new minimum?
3) Give one example of something that could decrease your supply to wash a car (shift supply curve left)?
I'm curious to see what everyone's demand for pizza is and how you feel about washing a car.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date: