Comic book fans eagerly compete to buy copies of Amazing Fantasy No. 15, which contains the first appearance of the superhero Spider-Man. At the same time the publisher printed copies of the comic for the U.S. market, with the price printed on the cover in cents, it printed ccpies for the U.K. market, with the price printed on the cover in British pence. About 10 times as many U.S. copies of Armazing Fantasy No. 15 have survived as U.K. copies. Yet in auctions that occurred at about the same time in 2013, a U.S. copy sold for $29,000, while a U.K. copy in the same condition sold for only S10,755 Source: Auction price date from: GPA Analyss for CGC Comics,
The market supply curve for Amazing Fantasy No. 15 in the U.S. is to the of the supply curve in the ____________Ux
The market demand curve for Amazing Fantasy No. 15 in the U.S. is to the the demand curve in the __________UK.
In both countries, the market equilibrium is where right
A. demand is greater than supply.
B. demand is zero eft
C. the demand curve intersects the supply curve.
D. there is a surplus.
