frostnicholas4 frostnicholas4
  • 21-01-2021
  • History
contestada

3. What will happen in the market for chocolate bars if the price is set at 40 cents?​

Respuesta :

ryanzubia69
ryanzubia69 ryanzubia69
  • 21-01-2021

Answer:

If the price is too low, demand will exceed supply, and some consumers will be unable to obtain as much as they would like at that price—we say that supply is rationed…. Markets in which prices can move freely are always in equilibrium or moving toward it.

Explanation:

Answer Link

Otras preguntas

An author claims that "Athletes caught using performance-enhancing drugs should be sentenced to prison." The author provides the following reason as support: A
Read the following excerpt from an official letter written during the nineteenth century. We find that your country is distant from us about sixty or seventy t
Megan owns a clothing boutique. The table below represents the profit made, in dollars, every year since 2010, where x represents the number of years since 2010
A satellite orbits the Earth. Which changes would decrease the force of Earth's gravity on the satellite? Check all that apply. A. Increase the velocity of t
Which of the following was not a rule associated with the caste system in ancient india
what is the slope of a line is parallel to y=(1/2)x=3
what is the slope intercept form (Y=mx+b)
What is a structure found in plant cell but not in animal cells
Give two characteristics of a perfectly competitive market.
Miners find a rock that was formed from magma deep underground what type of rock could it be