Refer to the figure above. Suppose all the sellers in this market started out charging a price of $45 per unit. What is the most likely result?


Refer to the figure above. Suppose all the sellers in this market started out charging a price of $45 per unit. What is the most likely result?

A.They would all just break even because $45 is their reservation price.

B.They would all make a large profit because $45 is more than the equilibrium price.

C.They would feel pressure to lower their prices because at $45 there would be excess supply.

D.They would be forced to lower their prices because at $45 there would be excess demand.

正确答案:They would feel pressure to lower their prices because at $45 there would be excess supply.


Tag:微观经济学 中国大学MOOC微观经济学 时间:2021-12-11 14:32:18