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Supply And Demand Questions and Answers (Q&A)

Surplus occurs for a consumer when the difference in the price a consumer set aside or is willing to pay for a particular commodity is higher than the actual price of that commodity. It also...Read More

3 Answers

1493 views
John Adney
Answered: May 06, 2017
In order to maintain profits the price will need to be increased.

3 Answers

506 views
John Smith
Answered: Dec 05, 2022
They view the market s outcome to be unfair

1 Answer

491 views
Jeffusmc
Answered: Dec 05, 2022
Is on the supply of the product

1 Answer

407 views
John Smith
Answered: Dec 05, 2022
Too high.

1 Answer

400 views
Jeffusmc
Answered: Dec 05, 2022
With shortages and wait lists, they have no incentive to maintain and improve their property

1 Answer

384 views
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