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Price Quantity Demanded of winter coats Quantity Supplied of winter coats $75 400 900 70 450 850 65 500 800 60 550 750 55 600
Price Quantity Demanded of winter coats Quantity Supplied of winter coats $75 400 900 70 450 850 65 500 800 60 550 750 55 600 700 50 650 650 45 700 600 40 750 550 In the exhibit above, at any market price of winter coats above $50, a(n) ____ would result, causing price to ____. a surplus; rise b shortage; fall c surplus; fall d shortage; rise
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