Are sellers always able to produce a surplus of the goods they sell?

A) No, because almost all goods are scarce.
B) Only if they can increase supply faster than demand increases
C) Only if they can prevent new uses for the good from being developed.
D) Yes, if they insist upon receiving a sufficiently high price that is above the market clearing level.

D

Economics

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In the figure above, the total benefit from pizza is ________ per day

A) $100,000 B) $50,000 C) $125,000 D) $150,000 E) None of the above answers is correct.

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What are the main functions of markets?

What will be an ideal response?

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