What roles do shortages and surpluses play in the market, Finance Basics

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What roles do shortages and surpluses play in the market

Problem

1. What happens in a competitive market when the price is above or below the equilibrium price?

2. What roles do shortages and surpluses play in the market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: What roles do shortages and surpluses play in the market

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Finance Basics: What roles do shortages and surpluses play in the market

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