History, 22.09.2021 09:00 DASASDAEDWEDA
Graph a supply and demand curve interacting to create a market (make sure to label your axes). Graph a current market price that is above equilibrium (make sure to label your axes). Describe the condition of the market at this point- is it in surplus or shortage? Is too much being produced or not enough? What would you expect to happen to the price in the market overtime (in a free market)?
Answers: 2
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Graph a supply and demand curve interacting to create a market (make sure to label your axes). Graph...
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