Question

Victor is selling lemonade at a lemonade stand. It's a hot day. Victor thinks that people will be more thirsty than usual, and they will be willing to buy a larger quantity of cool beverages. Victor and the other suppliers decide to not increase the availability of lemonade and other drinks. According to the laws of supply and demand, what will likely happen to the price of beverages?

Answer 1

The price will stay the same because the supply has not changed.
The price will go up because of an increase in demand.
The price will stay the same because the demand has increased.
The price will go down because more people will buy drinks.

Answer 2

@paki

Answer 3

what you guess here about the answer...?

Answer 4

b

Answer 5

agree with B

Answer 6

:)

Answer 7

Carlo's Super Services is a small business owned by Carlos. He does not want to give up ownership in his company, but wants to raise money to expand the business. To which financial institution would Carlos turn?

Federal Reserve
Stock market
Local credit union<--my answer
Wall Street

@paki