Suppose That at the Current Price Producers of CDs Offer

question 74

Multiple Choice

Suppose that at the current price producers of CDs offer 5 million CDs for sale but consumers want to buy 6 million.When the market coordinates the demand and supply for CDs, the price of CDs will:

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

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Formal languages comprising sets of instructions that produce various kinds of output, used in the creation of software programs.

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A sequence of actions regularly followed, or in computing, a set of instructions performing a specific task.