At a price of $100, consumers demand 25 pairs of jeans, and producers supply 150 pairs of jeans. So at this price, there is a(n) _____. shortage excess demand excess supply

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asked Aug 19, 2018 111k views

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At a price of $100, consumers demand 25 pairs of jeans, and producers supply 150 pairs of jeans. So at this price, there is a(n) _____.

shortage
excess demand
excess supply

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high-school

Dnim asked

by Dnim

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2 Answers

4 votes

"excess supply" say's my answer needs to be 20 characters so this is filler

Ukasha answered Aug 21, 2018

by Ukasha

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5 votes

There is an excess supply...

James Crinkley answered Aug 23, 2018

by James Crinkley

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