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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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