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Essay: Explain why the market will be in disequilibrium at a price of $3.50 per pound. Price QD Qs 1 100 0 1.5 90 40
Essay:
Explain why the market will be in disequilibrium at a price of $3.50 per pound.
| Price | QD | Qs |
| 1 | 100 | 0 |
| 1.5 | 90 | 40 |
| 2 | 80 | 80 |
| 2.5 | 70 | 120 |
| 3 | 60 | 160 |
| 3.5 | 50 | 200 |
| 4 | 40 | 240 |
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
