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Author Question: Refer to the information provided in Figure 3.14 below to answer the question(s) that follow. Refer ... (Read 172 times)

londonang

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on: Apr 19, 2019

Refer to the information provided in Figure 3.14 below to answer the question(s) that follow.













Refer to Figure 3.14. If this market is unregulated and the price is currently $90, you would expect that the price of sunglasses would


◦ remain at $90, because firms would not want to reduce the price.
◦ fall to $30, so firms could sell their excess supply.
◦ fall to $60, where quantity demanded equals quantity supplied.
◦ fall, but the new price is indeterminate from the information provided.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by londonang on Apr 19, 2019

pangili4

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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londonang

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

marict

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

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