Practice Problems with the Algebra of Supply and Demand
How much is the shortage or surplus if one exists ____? c. If a price ceiling is established at $36, what would be the effect on the market? What is the Qs?___ What is the Qd?___ Is there a shortage, surplus, or neither? How much is the shortage or surplus if one exists ____? Practice Problems with the Algebra of Supply and Demand Cont… 2. ................
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