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OpenStudy (anonymous):
Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the same quantity. What is likely to happen? A. The demand for the magazine will go up. B. There will be a shortage of 150 magazines. C. There will be a surplus of 100 magazines. D. The surplus will be greater than their sales.
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OpenStudy (anonymous):
the answers D
OpenStudy (anonymous):
no its not. i took the test and got it wrong my next guess would be c
OpenStudy (anonymous):
c
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