Consider the market for LCD TVs. The market equilibrium is where
A. there is a surplus....
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Economics
Consider the market for LCD TVs. The market equilibrium is where
A. there is a surplus. B. supply is greater than demand. C. demand
equals zero. D. supply equals demand. Part 2 In this example, the
equilibrium price is $enter your response here and the equilibrium
quantity is enter your response here LCD TVs. (Enter your
responses as whole numbers.) Part 3 Suppose instead that the price
of LCD TVs is $800800. This will result in a ▼ shortage surplus ,
which will place ▼ downward upward pressure on the price.
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