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Author Question: In a market where the equilibrium price is 7, any price higher than 7 would cause a. a balanced ... (Read 52 times)

Collmarie

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on: Jul 1, 2018
In a market where the equilibrium price is 7, any price higher than 7 would cause
 a. a balanced demand and supply
  b. an excess supply
 c. an excess demand
 d. none of the above

Question 2

You are considering buying a store. The store owner shows you sales figures of the store on a typical day. The owner has most likely shown you figures for
 a. The less productive day
 b. The more productive day
 c. Any typical day
 d. All the days that the store was owned by him


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bubulittle310@msn.cn

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Collmarie

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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