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Business, 01.04.2020 22:20 edsimms21111

URGENT

In a Free Market, when a product is in disequilibrium in the short term, what will happen next? *
10 points
The government will set price limits
The pricing will find equilibrium
There will only be supply of the product
It will stay at this price

What is a shortage? *
10 points
Quantity Demanded is greater than Quantity Supplied
Quantity Supplied is greater than Quantity Demanded
Demand is greater than Supply
Supply is greater than Demand

What is a surplus? *
10 points
Quantity Demanded is greater than Quantity Supplied
Quantity Supplied is greater than Quantity Demanded
Demand is greater than Supply
Supply is greater than Demand

What is Rent Control an example of? *
10 points
Shortage
Surplus
Demand
Supply

What is Minimum Wage an example of? *
10 points
Shortage
Surplus
Demand
Supply

What does this graph illustrate? *
10 points
Captionless Image
Shortage
Surplus
Demand Shift
Supply Shift

What does this graph illustrate? *
10 points
Captionless Image
Shortage
Surplus
Demand Shift
Supply Shift

Picture in left question 6 picture in right question 7 { last question }


URGENT  In a Free Market, when a product is in disequilibrium in the short term, what will happen ne
URGENT  In a Free Market, when a product is in disequilibrium in the short term, what will happen ne

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