Business, 02.10.2019 23:00 bale4

Will mark !
when businesses across an industry increase the price of a good, which could be true regarding market equilibrium?

a. there is a shortage of resources, so a price adjustment will the businesses avoid equilibrium.
b. there is a surplus of goods available, so a price adjustment will the market reach equilibrium.
c. the market has not reached equilibrium and a price adjustment will prevent a shortage.
d. the market will reach equilibrium once all of the businesses implement the price increase.

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Will mark !
when businesses across an industry increase the price of a good, which could be t...

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