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Artemon [7]
3 years ago
8

Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr

ice for T-shirts. Market pressures will eventually _____ the price of your T-shirts.
lower
raise
not change
Business
2 answers:
Murljashka [212]3 years ago
8 0

Answer:

raise

Explanation:

A market without price control is a competitive market. Price in this type of market is defined by the interaction between supply and demand. If the price is below equilibrium price, demand will increase more than its supply capacity. Then you will have to raise your price to cool down demand according to your supply capacity.

NikAS [45]3 years ago
4 0
B) raise 
so they can compete with u
                          
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The following information relates to Sheridan Company for the year 2022.
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