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Homework answers / question archive / If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is: A

If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is: A

Marketing

If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is:

A. a surplus of personal trainers.

B. a shortage of personal trainers.

C. equilibrium

D. none of the above

Option 1

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