High School

If the price of bananas is $2 a pound, how many pounds of bananas will suppliers supply?

A. 10
B. 1
C. 10,000
D. 0

Answer :

If the demand for bananas at $2 per pound is 10 pounds, then the suppliers will supply 10 pounds of bananas.

The question is about determining the number of pounds of bananas suppliers will supply at a given price of $2 a pound.

To determine the number of pounds of bananas suppliers will supply, we need more information than just the price of bananas.

Supply is affected by many factors like cost of production, demand, and the price of substitutes.

Suppliers will supply bananas to the market until the price they get equals the cost of production plus a margin.

If the price is higher than the cost of production plus a margin, then they will continue to supply to maximize their profits.

In the given question, we don't have enough information about the cost of production, demand, and substitutes. Therefore, we cannot accurately predict the amount of pounds of bananas that will be supplied.

However, if we assume that the cost of production is constant and there are no substitutes, then the suppliers will supply bananas at a price of $2 per pound until the market reaches equilibrium.

At equilibrium, the quantity supplied equals the quantity demanded.

For similar question on pounds.

https://brainly.com/question/29555156

#SPJ11