Suppose the market for cars is unregulated that is car, Ask an Expert

Economics

Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand. If a shortage exists in the car market, then the current price must be than the equilibrium price. For the market to reach equilibrium, you would expect .

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91954592

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