Question and answer
Which statement explains why prices rise in a market? A)There is excess demand in the market. B)Consumers buy much less of a good than they have in previous years. C)Producers produce a
quantity greater than consumers want to buy. D)New producers enter the market.
The answer is A)There is excess demand in the market. explains why prices rise in a market
Expert answered|tjdcet|Points 251|
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Asked 10/21/2012 6:16:53 PM
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