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(ECO) Assume That the Supply of Good X Is Perfectly Inelastic. If There Is a Decrease in Demand, Then the Equilibrium Quantity of

Вопрос

(ECO) Assume that the supply of good X is perfectly inelastic. If there is a decrease in demand, then the equilibrium quantity of marketable goods will Bbl6epute OAMH OTBeT: decrease but the equilibrium price remains unchanged stay the same and the price goes up rise and the price will fall remain unchanged but the price will decrease

Решения

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Ответ

The equilibrium quantity of marketable goods will decrease, but the equilibrium price remains unchanged.

Объяснение

## Step 1In this problem, we are dealing with the concept of supply and demand in economics. The supply of good X is perfectly inelastic, which means that the quantity supplied does not change regardless of the price. This is represented by a vertical supply curve on a graph.## Step 2The demand for good X is decreasing. This is represented by a shift to the left on the demand curve.## Step 3When the demand curve shifts to the left, it intersects the supply curve at a lower point. This indicates that the equilibrium quantity of marketable goods will decrease.## Step 4However, since the supply is perfectly inelastic, the price does not change. This is because the quantity supplied does not change regardless of the price.