If tea prices were above their equilibrium level, what force would tend to push tea prices down?

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If tea prices were above their equilibrium level, what force would tend to push tea prices down? If tea prices were below their equilibrium level, what force would tend to push tea prices up?

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 25, 2024 05:01 AM

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If tea prices were above their equilibrium level, what force would tend to push tea prices down? If tea prices were below their equilibrium level, what force would tend to push tea prices up?
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If tea prices were above their equilibrium level, what force would tend to push tea prices down?

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Exploring Economics

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