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According to your text, when a shortage exists,

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8 years ago

According to your text, when a shortage exists,

According to your text, when a shortage exists,
A) buyers compete with buyers.
B) buyers compete with sellers.
C) sellers compete with sellers.
D) the price of the good would tend to fall in order to eliminate the shortage.

Textbook

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

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Dropx

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Sublight2097 Author

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8 years ago

Seriously, you've been tremendously helpful! Thank you.

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Dropx

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8 years ago

Happy to help, let me know if you have any more requests.

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