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.

Question

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.

anonymous · Answer

hi u must be apart of ashworth college online?