aortiz2367 aortiz2367
  • 16-01-2024
  • Business
contestada

In a free market economy, if the market price of a product goes above the equiLiBrium price, which of the following will happen?
1) The quantity demanded will decrease
2) The quantity supplied will decrease
3) There will be a shortage of the product
4) The market will reach a new equiLiBrium price

Respuesta :

Otras preguntas

what is a primary difference between capitalism and communism?
PLZ HELP ASAP ILL MARK AS BRAINEST!!!!!!!
Which of the following is a characteristic of fictional adaptations of autobiographical works? Dialogue between two characters Turning points Personal life or f
A triangle has a perimeter of 33cm. If the three sides of the triangle are n, 3n−4, and 3n−5, what is the length of each side?
What was Confucian golden rule?
A triangle has a perimeter of 33cm. If the three sides of the triangle are n, 3n−4, and 3n−5, what is the length of each side?
The maximum contaminant level of copper (Cu) in drinking water as set by the the Environmental Protection Agency (EPA) is 0.0013 g⋅L−1 . Express this concent
what does desultory mean?
Write and solve an equation 5 times the sum of 29 and 34
??????????? ?????????