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Ashurbanipal Ashurbanipal
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A year ago
The market for running shoes can be represented by the following equations: QD = 2000 - 10P and QS = 10P - 80.


Refer to the information above on the market for running shoes. Which of the following is TRUE if the price of running shoes is $80?

▸ The quantity supplied will be 1200.

▸ There will be excess demand of 480.

▸ The quantity demanded will be 720.

▸ There will be excess supply of 1200.
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Macroeconomics

Macroeconomics


Edition: 3rd
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Botox14Botox14
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A year ago
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Ashurbanipal Author
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A year ago
Brilliant ツ
Chaldoren
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Yesterday
Just got PERFECT on my quiz
gmiannotti
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2 hours ago
Thank you, thank you, thank you!
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