Answer to Question #201253 in Macroeconomics for Lilo

Question

Assuming no government intervention and considering the original demand and supply curves (D and S), at a price of R10 there is an _____________ ______________ of 40 cups of coffee.

Answer 1

Assuming no government intervention and considering the original demand and supply curves (D and S), at a price of R10 there is an equilibrium quantity of 40 cups of coffee.