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remy2012 remy2012
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A year ago
At any disequilibrium price, whether government controlled or not, the quantity actually exchanged is determined by

▸ the elasticity of demand.

▸ government decree.

▸ the elasticity of supply.

▸ the greater of quantity demanded and quantity supplied.

▸ the lesser of quantity demanded and quantity supplied.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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satish1015satish1015
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A year ago
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remy2012 Author
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