Suppose That at the Current Price, Consumers Would Like to Purchase

question 111

Multiple Choice

Suppose that at the current price, consumers would like to purchase 10 million large-screen televisions and 15 million are available. When the market coordinates the demand and supply for large-screen televisions, the price of large-screen televisions will:

• A) rise.
• B) fall.
• C) stay the same.
• D) be fixed by the government.

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