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Title: Which of the following could explain why there was a stampede at the Richmond International Raceway ... Post by: whipped on May 22, 2017 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?
A) The demand for laptops is not very responsive to price. B) The price of $50 per laptop was above the equilibrium price of laptops. C) The quantity of laptops demanded at $50 was higher than the quantity supplied. D) Those who bought laptops at that price were those who valued laptops the most. Title: Re: Which of the following could explain why there was a stampede at the Richmond International ... Post by: Sudzbury on May 22, 2017 Content hidden
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