Answer:
Option B about shortage is correct &
Option C about surplus is correct
Explanation:
Why "B" because if the price is less than the equilibrium price, then people will buy the products more and it also states the demand for it is greater than the equilibrium quantity leaving a shortage (less number of the quantity actually wanted)
Why "C" because if the price is more than the equilibrium price, then people will buy the products less and it also states the demand for it is less than the equilibrium quantity leaving a surplus (an excess number of the quantity actually wanted will be left)
Brainliest will be appreciated
Answer:
- 1) Higher prices than in competitive markets Monopolies face inelastic demand and so can increase prices – giving consumers no alternative.
- 2) A decline in consumer surplus.
- 3) Monopolies have fewer incentives to be efficient.
- 4) Possible diseconomies of scale. Explanation:
<h3>Hope this answer will help you.</h3>
In developing an effective strategy for a hunter who wants to identify and track a quarry, what the hunter needs to understand and know first is the animal's CHARACTERISTICS and there are four basic characteristics. These will assist you in order to fully understand your quarry.
Anne Hutchinson, was a spiritual Puritan leader who has a strong group of followers due to her charismatic aura and teachings. The wife of William Hutchinson and a mother of fifteen children became a big threat to the English puritan leaders that she was exiled and later excommunicated.
Answer:that is up to you Msefkjfkes2123
Explanation:it is your perspective of what to do tell, or keep it to self
