Business, 03.04.2020 20:26 wowihavefun

The demand for seats in 10 a. m. classes at the university is higher than the demand for seats in 8 a. m. classes. The supply of seats is fixed. If the university prices classes at the price required to achieve equilibrium at 10 a. m., there will be:

A. a shortage at 8:00 AM
B. a surplus at 8:00 AM
C. equilibrium at 8:00 AM
D. disequilibrium at 8:00 AM, but we cannot determine which type

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