Business, 11.09.2019 03:30, 19thomasar
In a free market, if the price of a good is above the equilibrium price, then;
a. suppliers, dissatisfied with growing inventories, will raise the price.
b. demanders, wanting to ensure they acquire the good, will bid the price lower.
c. government needs to set a lower price.
d. suppliers, dissatisfied with growing inventories, will lower the price.
Answers: 2
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In a free market, if the price of a good is above the equilibrium price, then;
a. suppliers,...
a. suppliers,...
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