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Title: Which of the following could explain why there was a stampede at the Richmond International Raceway ... Post by: minaebied on Dec 11, 2022 Which of the following could explain why there was a stampede at the Richmond International Raceway where 1,000 laptops were being sold at $50 each?
▸ The demand for laptops is not very responsive to price. ▸ The quantity of laptops demanded at $50 was higher than the quantity supplied. ▸ The people who bought the laptops at that price were those who valued laptops the most. ▸ The price of $50 per laptop was above the equilibrium price of laptops. Title: Which of the following could explain why there was a stampede at the Richmond International Raceway ... Post by: chanelfargesen on Dec 11, 2022 Content hidden
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