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BigFella9503 BigFella9503
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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 $110?

▸ There will be excess demand of 120.

▸ There will be excess demand of 170.

▸ There will be excess supply of 170.

▸ There will be excess supply of 120.
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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clubber25clubber25
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A year ago
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BigFella9503 Author
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A year ago
Thanks
shimyshiguy
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Yesterday
Just got PERFECT on my quiz
Mcb
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2 hours ago
Smart ... Thanks!
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