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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
If the price of sandals is fixed by law below the market-clearing price,
A) a surplus of sandals will result.
B) sandal inventories at shoe stores will be smaller.
C) sandal sellers will spend more on advertising.
D) the quantity of sandals demanded will be greater than the quantity supplied.
E) the quantity of sandals demanded will be less than the quantity supplied.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 389 times
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DropxDropx
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Posts: 1991
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
8 years ago
Thanks for the feedback Slight Smile
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