The goverment has set the Petrol price ceiling at RM 2.10 Which amount is the most possible amount for the equilibrium price. 

According to the law of supply, which is most likely to happen when the market price decreases

After the increase of the price for product X, product Y's demand skyrocketed. Following the statement above, what is product Y to product X?

Product X is a complementary good for product Y Using the statement above, what would happen to the demand of the products when product X increases in price?

Which of the statements explain Equilibrium the best?

The goverment plans to make cars more affordable for lower income people. How would the goverment make the plan come to fruition without burdening the suppliers?

Product Y's market price changed to RM14, Following the statement, find the most possible amount for Quantity Supply and Quantity Demanded when the equilibrium point, PE= RM12, QE= 1200 units.

Consumers believe that product Y's price will increase next year. What will happen the to Supply and Demand Curve

Find the shortage or surplus when Quantity Supplied is 5 and Quantity Demanded is 10

Firms increase their output when the price is high and the consumers start buying less, what'll most likely happen to the future price