Business, 05.05.2021 21:50, djwattam

At a price of $5.00 per doll, most stores cannot keep Beanie Baby dolls in stock because consumers buy them all as soon as shipments arrive. This implies that there a) is an excess supply of Beanie Babies, and the price must fall for equilibrium to be reached
b) will be a downward shift in the demand curve for Beanie Babies
c) is an excess demand for Beanie Babies, and the price must rise for equilibrium to be reached
d) is an excess demand for Beanie Babies, and the price must rise for equilibrium to be reached
e) is an excess demand for Beanie Babies, and the price must fall for equilibrium to be reached

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At a price of $5.00 per doll, most stores cannot keep Beanie Baby dolls in stock because consumers b...