--%>

All possible prices exceeding in equilibrium for buyers

Participants in this market would experience a surplus in this market for teleporter buttons: (1) at all possible price per button exceeding P2. (2) equal to distance cd when the price per button equals P1. (3) when this market was primarily in equilibrium, and in that case the government imposed a tax equal to P2-P1 on teleporter button production. (4) at every price where demand exceeds the supply of teleporter buttons (1) eliminating the shortage Q1-Q3 existing at P3. (5) when teleporter button manufacturers began exporting the buttons to China.

48_Equilibrium for Buyers.png

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Microeconomics

  • Q : Problem regarding labor monopsonist The

    The labor monopsonist will hire labor up to the point where the marginal: (1) Revenue product of the labor equivalents the wage. (2) Resource cost of labor equivalents the salary. (3) Revenue product of labor equivalents its marginal resource cost. (4) Resource cost o

  • Q : Facing a demand curve that perfectly

    When the world price for wheat is $10 per bushel; and Del, who one owns the biggest wheat farm into North Dakota, will: (w) face a demand curve that is perfectly price elastic at $10 per bushel. (x) realize $4 per bushel in long-run economic profits.

  • Q : Constant price elasticity plausible for

    Constant price elasticity equivalent to one for socket sets would be mainly plausible for demand curve as: (1) D1D1. (2) D2D2.  (3) D3D3. (4) D4D4. (5) D

  • Q : Profit-maximizing to make economic

    This profit-maximizing brickyard of below illustrated figure on the average is, about: (i) making an economic profit of $8 per thousand bricks. (ii) incurring variable costs of $90 per thousand bricks. (iii) suffering an accounting loss of $2 per thou

  • Q : Purpose of HMOs and PPOs Give the

    Give the answer of following question. The main purpose of HMOs and PPOs is to: A) reduce health care costs for employers and their employees. B) reduce medical malpractice suits. C) enable groups of physicians to increase their fees. D) direct patients to specialists

  • Q : Negatively transactions costs in

    The site value of the physical location of an enterprise tends to be very negatively associated to the: (w) transactions costs incurred by the firm’s customers and resource suppliers. (x) fertility of a parcel of land. (y) physical characteristi

  • Q : Process of Capitalization

    Capitalization is a process which converts: (1) natural resources into economic capital. (2) predictable income flows within wealth. (3) the opportunity cost of capital into the market interest rate. (4) financial capital into economic investment. (5)

  • Q : Markets which are relevant for human

    All markets which are really relevant for human beings are exemplified by: (1) Extensive advertising, sales promotions and marketing. (2) Demands from each and every individual for all products. (3) Potential buyers willing to reimburse and potential

  • Q : Perfectly elastic supply problem When

    When will a rise in demand entail an increase in the quantity demanded however no change in the price?

  • Q : Marginal revenue for purely competitive

    For a purely competitive firm and for a nondiscriminating unregulated monopolist, the marginal revenue is: (1) identical to the price per unit of output. (2) equal to marginal cost when profit is maximized. (3) greate