In the market for used cars we have 10 sellers, willing to sell at the prices of $1000 . $2000 . $3000 . $4000 . $5000 . $6000 . $7000 . $8000 . $9000 . $10000 . If the equilibrium price in the market is $2500, how many cars would be sold?

a. 1
b. 2
c. 3
d. 4

Economics

Prices serve as a key means of communication between buyers and sellers

Indicate whether the statement is true or false

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Economics

Specialization increases total world output.

Answer the following statement true (T) or false (F)

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Economics