(Table: The Lemonade Market) Look at the table The Lemonade Market.If the price of lemonade is $1.25 per cup, we would expect to see:
A.a rising price to eliminate the shortage.
B.a rising price to eliminate the surplus.
C.a falling price to eliminate the shortage.
D.a market in equilibrium.

Question

(Table: The Lemonade Market) Look at the table The Lemonade Market.If the price of lemonade is $1.25 per cup, we would expect to see: 
A.a rising price to eliminate the shortage.
B.a rising price to eliminate the surplus.
C.a falling price to eliminate the shortage.
D.a market in equilibrium.

Quizplus · Accepted Answer

The Answer of  (Table: The Lemonade Market) Look at the table The Lemonade Market.If the price of lemonade is $1.25 per cup, we would expect to see: 
A.a rising price to eliminate the shortage.
B.a rising price to eliminate the surplus.
C.a falling price to eliminate the shortage.
D.a market in equilibrium.

(Table: the Lemonade Market) Look at the Table the Lemonade