When quantity demanded is greater than quantity supplied
A. price will fall to its equilibrium price.
B. price will rise to its equilibrium price.
C. price may rise, fall, or stay the same, depending on a variety of factors.
B. price will rise to its equilibrium price.
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A corporation is limited to how many owners?
A) 1 B) 2 C) less than 10 D) There is no limit to the number of owners.
From a business perspective, economic historians believe that:
a. slavery was profitable and viable. b. slavery would have eventually ended due to its inherent unprofitability. c. slavery was economically inefficient. d. free labor was more productive than slave labor.
If the interest rate is 10% then the net present value of these cash flows is
a. $1041.32 b. $541.32 c. $1090.91 d. $590.91
When a start-up company meets with success and the entrepreneur needs to achieve economies of scale, it would not make economic sense to consider an IPO
a. True b. False