Question

2. If the price in the market is $2, will there be a surplus or shortage of yo-yos and how large will the surplus/shortage be?

Answer 1

Shortage

Explanation:Hello, since the price is low at $2 there will be a shortage because when price is low, and demand goes up and supplies tend to go down when the price is low (not always depends on the product)

The shortage will be pretty large at first then it will probably go down