3. If the price currently prevailing on the market is $0.20 per greebe, buyers would want to buy
_______ million greebes and sellers would want to sell _______ million greebes. Under these
conditions, competitive market forces would tend to cause the price to (increase / decrease) to a
price of $ _______ per greebe.
And, at this new price, buyers would now want to buy _______ million greebes, and sellers would
want to sell _______ million greebes. Due to this change in (price / underlying conditions), the
(demand / quantity demanded) changed by _______ million greebes, and the (supply / quantity
supplied) changed by _______ million greebes.
