Question
9. How much of a shortage or surplus would occur at $2.50? 10. How much of a shortage or surplus would occur at $7.50? 11.
9. How much of a shortage or surplus would occur at $2.50?
10. How much of a shortage or surplus would occur at $7.50?
11. What would happen if the government established a price floor of $8.75 on this item?
12. What would happen if the government established a price ceiling of $8.75 on this item?
13. The computer market in recent years has seen many more computers being sold at much lower prices. What shift in demand or supply is most likely to explain this outcome?
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
