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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
If the price of insulin is currently above the market-clearing level, then
A) there is a shortage of insulin.
B) the market for insulin is fully coordinated.
C) there is a surplus of insulin.
D) insulin is no longer a scarce good.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Another one in the books, marking it solved.
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#3
9 years ago
Happy to help, let me know if you have any more requests.
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