ECO 204 QUIZ 2ECO 204 QUIZ 2

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[Solved] ECO 204 QUIZ 2ECO 204 QUIZ 2
  • [Solved] ECO 204 QUIZ 2ECO 204 QUIZ 2

  • Exam (elaborations) • 4 pages • 2020
  • ECO 204 QUIZ 2 1. Question : If left alone, a market-directed economy will Points Received: 1 of 1 Comments: Question 2. Question : In Collegia, a small college town, the market for parking spaces is in equilibrium at a going price of $5 a day. There are 1,500 spaces and they are all sold every day with no unsatisfied buyers. Now the college takes in 200 more students, each of whom also wants a parking space at $5 a day. If there is a normal, upward-sloping supply curve, what w...
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