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Question 264

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Use the following to answer questions :
Table: The Lemonade Market
Use the following to answer questions : Table: The Lemonade Market -(Table: The Lemonade Market) Look at the table The Lemonade Market. If the price of lemonade is $1.25 per cup, we expect to see: A) a rising price to eliminate the shortage. B) a rising price to eliminate the surplus. C) a falling price to eliminate the shortage. D) a market in equilibrium.
-(Table: The Lemonade Market) Look at the table The Lemonade Market. If the price of lemonade is $1.25 per cup, we expect to see:


A) a rising price to eliminate the shortage.
B) a rising price to eliminate the surplus.
C) a falling price to eliminate the shortage.
D) a market in equilibrium.

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