wendyandrea2009 wendyandrea2009
  • 01-11-2019
  • Mathematics
contestada

At a price of $15, consumers demand 100 shirts and producers supply 50 shirts. So at this price, there is an) -
excess demand
excess supply

Respuesta :

Stevothegreat123
Stevothegreat123 Stevothegreat123
  • 01-11-2019

Answer: excess demand

Step-by-step explanation: The customer is asking more than the company makes, so that isn't excess supple. Excess supple is when there is people not wanting enough and the producer is making too many.

Answer Link

Otras preguntas

Exercise 4-09 Presented below is information related to Ivan Calderon Corp. for the year 2020. Net sales $1,300,000 Write-off of inventory due to obsolescence $
if scientist were to watch a planet for millions of years and see no movement on the crust, it might indicate that the planet has no what?
struggling with finding equivalent ratios, help?
round 181 to the nearest 10
Whats ozone depletion
How many bones are in a new born baby​
The energy that is produced by the Sun is made by A) fusion. B) fission. C) friction. D) burning fuels.
The probability that a new advertising campaign will increase sales is assessed as being 0.80. The probability that the cost of developing the new ad campaign c
WLC has outstanding accounts receivable totaling $6.5 million as of December 31 and sales on credit during the year of $24 million. There is also a credit balan
Last year, your company had sales of $2.4 million. The firm's costs of goods sold amounted to 34% of sales. The firm also paid cash operating expenses of $1,200