If the average market price for an item is higher than the equilibrium price, which of the following is likely to take place?
A. The price will increase drastically.
B. Supply and demand will be equal.
C. Consumers will buy all of the product supply and not be satisfied.
D. More product will be produced than consumers want to purchase.

The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level? a. 0.25 days b. 3 days c. 1 day d. 4 days e. 20 days