Answer: I believe it’s D.
Explanation: as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases
Answer:
I used an excel spreadsheet since there is not enough room here.
Answer:
nasaan po yung answer di ko maintindhiahn
Answer:
Option D
Explanation:
Given that she is a recent graduate, she still has school loans to pay off, and therefore, she would be cash strapped and unable to get loans from banks because she probably does not have a good credit score.
Therefore, the correct answer would be option D
Answer: C. the quantity supplied at that price.
Explanation:
A shortage for a good occurs when the current market price is less than the equilibrium price. So, whenever there is a shortage at a particular price the quantity sold at that price will be less than the quantity demanded. The amount of shortage is equal to quantity demanded minus quantity supplies. And the quantity sold is equal to the quantity supplied at that price.