Analyse the problems carefully. Answer the problems and present your solutions. Interpret the results. 1) If there are 10 bottles of water and there are 20 students who want to drink these bottles of water, there will be only 10 students whose demands are met while the others will not. Analysis: We can conclude that there is _____________ in the supply.

Analyse the problems carefully. Answer the problems and present your solutions. Interpret the results. 1) If there are 10 bottles of water and there are 20 students who want to drink these bottles of water, there will be only 10 students whose demands are met while the others will not. Analysis: We can conclude that there is _____________ in the supply.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 4CQQ

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