asked 225k views
0 votes
A producer charges $500 for a cell phone, but buyers are not buying any cell phones at this price. So at this price, the producer is willing to supply _____ phones, and consumers are willing to buy _____ phones.

zero, many
zero, zero
many, zero

asked
User Redzedi
by
8.4k points

2 Answers

6 votes
Producers supply many phones, and consumers buy zero of them

Aka many, zero
answered
User Tivnet
by
8.3k points
2 votes
many zero ,..........................................
answered
User Richardolsson
by
8.1k points
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