Multiple Choice
If the demand for Sidney Crosby hockey cards is greater than the demand for Jacques Plante hockey cards, what would have to be true for the market equilibrium prices for these hockey cards to be equal?
A) The supply of Crosby hockey cards would have to be less than the supply of Plante hockey cards.
B) The supply of Plante hockey cards would have to be less than the supply of Crosby hockey cards.
C) The supply of Crosby hockey cards and the supply of Plante hockey cards would have to be equal.
D) If the demand for Crosby hockey cards is greater than the demand for Plante hockey cards, the market equilibrium price for Crosby hockey cards will always be greater than the market equilibrium price for Plante hockey cards.
Correct Answer:

Verified
Correct Answer:
Verified
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