Read the scenario A business sells widgetsEach week receives a shipment on Monday and is sold out by Tuesday.
This leaves many people in the community without widgets.
What should the business do to help the market reach equilibrium?
A) It should ration the widgets so everyone gets one.
B)It lower the price of the widgets.
C)It should increase the price of the widgets
D)It should offer coupons for the widgets
A, they sold all of them (albeit successfully so no need for coupons or price modifications) but need to manage how much they make available so they can have enough all week, for more people.
