D | Question 37 At a low price producers of a good O want to produce a little 0

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D | Question 37 At a low price producers of a good O want to produce a little 0 want to produce a lot. D | Question 38 At a high price consumers want to buy only a little. O want to buy a lot D Question 39 At the equilibrium price O all consumers and all producers are happy with the price level. at least one or two consumers are willing to buy at that price and at lease one or two suppliers are willing to sel at that price. O All consumers are happy with that price but no suppliers are willing to sell at that price O no one buys or sell anything to search

Explanation / Answer

37) At a low price producers of a good want to produce a little

38) At a high price consumers want to buy only a little

39) At the equilibrium price all consumers and all producers are happy with the price level.

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