Use the Table Below to Answer the Following Questions

question 80

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.3
Demand and supply schedules for designer sport t-shirts at CoolU

-Refer to Table 3.5.3.A new store opens up on the edge of campus,Great Wild North Sportswear,which has the capacity to do as much business as all the existing businesses.The quantity of t-shirts supplied doubles at each price.The new equilibrium price is $________ and the new equilibrium quantity is ________ t-shirts per month.

• A)8;400
• B)3;300
• C)0;400
• D)16;200
• E)4;400

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Definitions:

Cross-cultural Differences

Variations in how different cultures perceive, interpret, and interact with the world around them, affecting communication and behavior.

Leadership Behavior

The specific actions and strategies employed by leaders to motivate, influence, and guide the performance and development of their followers.

Cultural Values

The core principles and standards shared by members of a culture, guiding beliefs, behaviors, and practices.

Nonprofit

An organization that operates for the collective, public, or social benefit rather than generating profit for owners or investors.