Register
If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).
172k views
17 votes
If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).

User Berbatov
by
4.4k points

1 Answer

5 votes
Surplus
Because the price is rising.
User Psharma
by
4.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

5.9m answers

Other Questions

Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
Art is charged with kidnapping. After listening to all the evidence, 11 of the 12 jurors found him guilty. The twelfth juror voted he was not guilty. Has Art been convicted of the crime?
Create an insurance plan. As you create the plan, think about all of the risks this family faces and how they can protect themselves from financial loss. Next to each type of insurance that you list in
What is the importance of effective communication to a successful life
Link Copied!