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The cost of stabling a horse monthly will vary greatly from area to area. In the USA it goes mostly by how close you are to an urban area with the prices getting higher the closer you are to a city. Boarding fees vary from $150 a month for self-care paddock boarding to $2,000 at a full care show facility, with most falling in the $350-$500 range. On top of that you have to add in Vet bills and Farrier costs. Expect to pay a minimum of $200 a year on just hoof trimming, shoe cost more of course. A vet can run from $900 and up a year. The stable may or may not provide bedding and feed. If not then you'll have to buy these also, expect to pay $200+ for bedding a year and depending on the type of hay you feed $250+ a year for hay, concentrates are more. You may be required to carry equine insurance at a boarding barn, so that'll add up to a minimum of $400 a year. Add all this up and you get $3,850-$26,050 yearly, this translates into $320.83-$2170.83 a month. With most costs falling into the $5,000 a year range equalling $416.67 a month.
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Why is the equilibrium price stable and therefore must be allowed to stay?
It must be less than the equilibrium price
When does market equilibrium happen?
At market equilibrium, the price and quantity demanded are at a point where they will not vary much. Consumers are unwilling to buy the good at a higher price. Producers are unwilling to produce anymore goods at the same price.
The price of peanut butter rises due to a blight on the peanut crop. peanut butter and jelly are complements. What happens to the equilibrium quantity and price of jelly?
(A)Equilibrium price falls, equilibrium quantity increases (B) Equilibrium price rises, equilibrium quantity falls (C) Equilibrium price falls, equilibrium quantity falls (D) Equilibrium price rises, equilibrium quantity rises
What is another term for marketing clearing price?
equilibrium price
What equilibrium price and equilibrium quantity?
equilibrium price and equilibrium quantity?: equilibrium price: When the price is above the equilibrium point there is a surplus of supply The market price at which the supply of an item equals the quantity demanded Price at which the quantity of goods producers wish to supply matches the quantity demanders want to purchase sa madaling salita supply=demand=price equilibrium quantity: Amount of goods or services sold at the equilibrium price The quantity demanded or supplied at the equilibrium price. supply=demand ayos?
Why is the equilibrium price stable and therefore must be allowed to stay?
It must be less than the equilibrium price
When is the market in short run equilibrium?
When the sellers and buyers agree on a price, and the price is stable, in the short run.
When does market equilibrium happen?
At market equilibrium, the price and quantity demanded are at a point where they will not vary much. Consumers are unwilling to buy the good at a higher price. Producers are unwilling to produce anymore goods at the same price.
The price of peanut butter rises due to a blight on the peanut crop. peanut butter and jelly are complements. What happens to the equilibrium quantity and price of jelly?
(A)Equilibrium price falls, equilibrium quantity increases (B) Equilibrium price rises, equilibrium quantity falls (C) Equilibrium price falls, equilibrium quantity falls (D) Equilibrium price rises, equilibrium quantity rises
What is another term for marketing clearing price?
equilibrium price
What equilibrium price and equilibrium quantity?
equilibrium price and equilibrium quantity?: equilibrium price: When the price is above the equilibrium point there is a surplus of supply The market price at which the supply of an item equals the quantity demanded Price at which the quantity of goods producers wish to supply matches the quantity demanders want to purchase sa madaling salita supply=demand=price equilibrium quantity: Amount of goods or services sold at the equilibrium price The quantity demanded or supplied at the equilibrium price. supply=demand ayos?
What happens when the market price is lower than the equilibrium price?
When the market price is lower than the equilibrium price the price of the product will continue to rise. The price will rise until it equal the equilibrium price.
What happens when the equilibrium price is lower than the market price?
When the market price is lower than the equilibrium price the price of the product will continue to rise. The price will rise until it equal the equilibrium price.
What happens to the equilibrium price and equilibrium quantity in a market if the demand curve shifts to the right?
If the demand shift to the right, the equilibrium price and quantity will shift from the initial equilibrium price and quantity to the next, i mean the equilibrium price and quantity will increase as compare to the first.
What Give the examples of stable equilibrium?
Orbiting planet and orbiting electrons in stable atoms.
Why price ceiling and price floor is binding?
A price ceiling is binding when it is below the equilibrium price. It is the legal maximum price, so the market wants to reach equilibrium (which is above that) but can't legally. If it were above the equilibrium price it would not be binding because the market would reach equilibrium and the ceiling would have no effect. A price floor is binding when it is above the equilibrium price. You can use similar reasoning to that above. It is the legal minimum price. the market wants to reach equilibrium below that but can't legally.
A shortage will develop when?
The market price is below the equilibrium price.
