Barry, and Beja, Avraham (1979):"Market Prices vs. Equilibrium Prices: Return's Variance, Serial Correlation, and the Role of the Specialist," Journal of Finance, 34(3): 595-607.Barry Goldman and Avraham Beja. "Market Prices vs. Equilibrium Prices: Returns Variance, Serial Correlation, and...
and the price increase in demand arising from reducing the amount that sellers are spontaneous price adjustment tends to market equilibrium, if the 如果实际市场价平衡价格高于,消费品为消费者,衰落在购买力买,见面是难的,并且价格增量受欢迎出现从减少数额卖主是自发价格调整趋向到市场平衡,如果实际市场价比...
A. shortage exists and the equilibrium price will rise until it equals the market price and the shortage is eliminated. B. surplus exists and the market price will fall until it equals the equilibrium price and the surplus is eliminated. C. surplus exists and the equilibrium price will rise ...
Answer to: Explain why the market price may not be the same as the equilibrium price. By signing up, you'll get thousands of step-by-step solutions...
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A. quantity demanded Hill exceed quantity supplied, resulting in a shortage. B. quantity demanded Hill exceed quantity supplied, resulting in a surplus. C. quantity supplied will exceed quantity demanded, resulting in a shortage. D. quantity supplied will exceed quantity demanded, resulting in a ...
If the actual price is higher than the market equilibrium price , consumer goods consumption and purchasing power declined , the buyer is difficult to be met, reduced demand caused prices to rise so that sellers tend to spontaneous market equilibrium price adjustments , if 翻译结果2复制译文编辑译...
A. a surplus will exist, which will put downward pressure on the prices. B. the supply curve will shift to the right as firms rush to take advantage of the high price. C. the demand curve will shift to the left as consumers decrease the quantity they buy. D. the government will inte...
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Fig. 59Equilibrium market price.The equilibrium market price, OP, is generated by the intersection of the demand and supply curves. A higher initial price such as OP1results inEXCESS SUPPLYwhich forces price down; a lower initial price such as OP2results inEXCESS DEMANDwhich forces the price up...