Homework Answers
Answer -
- The correct option for the question is OPTION - (D).
- OPTION - (D) - Scenario 4.
- This is the correct option because if we look at the Scenarion manager we can see the scenario 4 has the minimum price out of all the scenarios and the least demand intercept also. So, it shows that the scenarion 4 is closest to the equilibrium as it is facing the loss or shortfall near to zero surplus.
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1 Scenario Manager The economic principles of supply and demand are important for determining the market...
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