Posted by Anonymous on Monday, April 30, 2012 at 7:06pm.
Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the same quantity. What is likely to happen?
A. The demand for the magazine will go up.
B. There will be a shortage of 150 magazines.
C. There will be a surplus of 100 magazines.
D. The surplus will be greater than their sales.
D. am I correct?

Economics  Ms. Sue, Monday, April 30, 2012 at 7:06pm
I agree.
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