Shortagevs.SurplusShortagevs.SurplusLet’sstartwithsomebasicconcepts…•“Ashortageexistsatamarketpricewhenthequantitydemandedexceedsthequantitysupplied.”(i.e.,excessdemand)•“Asurplusexistsatamarketpricewhenthequantitysuppliedexceedsthequantitydemanded.”(i.e.,excesssupply)(Dodge62)IncreaseinDemandWinter...
过剩帮助highandHigh短缺 系统标签: appoquiniminksurplusshortage短缺过剩high Today’sWarmUp Whywoulditbeharmfultoconsumersifalawwaspassedthatpreventedthepriceofbottledwaterfromincreasingabove25cents?Let’sReview… Notallmarketsareonesinwhichpriceisallowedtomovefreely–governmentmaysetsomepricecontrols Pricessetbya...