Beginning from the price of( $5000. which of the following events would be predi

Question

Beginning from the price of( $5000. which of the following events would be predicted by the theory of market adjustment? Some buyers who .are willing to pay more will bid the price of cars up. The market will remain In disequilibrium. Prices will fall. All buyers will remain in the market. The supply and demand curves will shift to achieve equilibrium. Now suppose that the local government invests in a new. very efficient fleet of buses. Now. it is easy and affordable to get from one place to another without having your own

Explanation / Answer

16.) E 17.) B 18.) C 1.) B 2.) D 3.) I believe it is A. 0, not E 4.) B

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