Social Studies, 28.08.2019 07:00 Mah1937
Suppose the market for the magazine is in equilibrium. some students insist on raising the cover price by $1 and printing the same quantity. what is likely to happen?
a. there will be a shortage.
b. demand will stay the same.
c. the demand for the magazine will go up.
d. there will be a surplus.
Answers: 2
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Suppose the market for the magazine is in equilibrium. some students insist on raising the cover pri...
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